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Christopher Stanfield(31 articles)

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Child Support and Alimony in Bankruptcy: What You Need to Know

Child Support and Alimony in Bankruptcy: What You Need to Know

Apr 1, 2024 | Bankruptcy, Christopher Stanfield

Are you burdened by financial hardship, and want to file for bankruptcy, yet wonder how doing so may affect your obligation to pay child support or alimony? This article will look at how bankruptcy affects child support and alimony payments, the differences between Chapter 7 and Chapter 13 bankruptcy, and options you may have for …

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How Does Filing Bankruptcy Affect Your Tax Debt?

How Does Filing Bankruptcy Affect Your Tax Debt?

Feb 19, 2024 | Bankruptcy, Christopher Stanfield

If you are dealing with financial hardship, filing for bankruptcy could help relieve your burden. You could resolve your debts and regain control of your financial situation. But, if you have tax debt is important to understand how that bankruptcy can have implications for your tax debt. This article will explore the impact bankruptcy has …

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Filing for Bankruptcy When Unemployed

Filing for Bankruptcy When Unemployed

Jan 22, 2024 | Bankruptcy, Christopher Stanfield

Are you facing financial difficulties because of unemployment? Has the burden of debt become overwhelming? If you’re thinking about filing for bankruptcy, you may wonder how your unemployment status affects the process. In this article, we will look at common concerns about filing for bankruptcy while unemployed and provide insights into how being unemployed may …

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Why Bankruptcy Should Not Be Your Last Resort

Why Bankruptcy Should Not Be Your Last Resort

Oct 16, 2023 | Bankruptcy, Christopher Stanfield

Do you struggle financially? Have you considered filing bankruptcy but keep delaying because you feel a need to “make good” on your debts or you fear potential damage to your credit? According to a recent study, the longer you wait to file bankruptcy, the more you could damage to your financial future. Life in the …

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Chapter 13 Bankruptcy in Alabama

Chapter 13 Bankruptcy in Alabama

Sep 18, 2023 | Bankruptcy, Christopher Stanfield

Being in debt can feel overwhelming, especially when it’s combined with other financial difficulties. When you have too much debt, it can make it difficult to manage your money and afford the necessary living expenses. Chapter 13 bankruptcy is one way that could help you get your finances back on track. It could allow you …

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What Happens after Your Chapter 13 Bankruptcy Case is Filed?

What Happens after Your Chapter 13 Bankruptcy Case is Filed?

Oct 6, 2022 | Bankruptcy, Christopher Stanfield

Are you thinking about filing Chapter 13 bankruptcy and wonder what happens after you file? While each bankruptcy case depends on the filer’s financial circumstances, most Chapter 13 bankruptcies go through the following process. Beginning of the Automatic Stay The day your bankruptcy case is filed the bankruptcy court institutes an automatic stay. This prohibits …

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Mortgage Modification and Chapter 13 Bankruptcy

Mortgage Modification and Chapter 13 Bankruptcy

Sep 26, 2022 | Bankruptcy, Christopher Stanfield

When you are struggling with debt, it is easy to get behind on your mortgage. You have tried to make the payments on time, but other debts have taken precedence, and you have fallen behind on your mortgage payments. You have realized you may not catch up, and now worry about foreclosure occurring. You are …

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Can Payday Loans Be Included in Bankruptcy?

Can Payday Loans Be Included in Bankruptcy?

Jun 6, 2022 | Bankruptcy, Christopher Stanfield

We have all found ourselves in a tough spot and need cash to meet our immediate needs. Some people turn to payday loans when they’re in a jam, and it can be a temporary solution to find cash for bills. But, the reality is that the interest and fees will add up quickly. Because of …

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Who Can You Talk to about Your Financial Hardship

Who Can You Talk to about Your Financial Hardship

May 13, 2022 | Bankruptcy, Christopher Stanfield

Experiencing a financial burden can be stressful. The longer it continues, the more it can weigh on you and affect you emotionally and physically. If this is happening to you, you need not deal with it alone. There are those who you can talk to about your financial hardship. Those who can offer support and …

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Don’t Enter Retirement Age with Too Much Debt

Don’t Enter Retirement Age with Too Much Debt

Apr 4, 2022 | Bankruptcy, Christopher Stanfield

Are you nearing retirement age and are burdened by debt? If so, you are not alone. According to a recent study by the University of Michigan Retirement Research Center, millions of seniors entering their retirement years are burdened by debt. The study found that 1 in 3 Americans who are 50 or older carry non-mortgage …

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