Nov 15, 2019 | Bankruptcy, David Poston
The answer to this question is technically no. You cannot go to jail for unpaid bills. But, every rule has exceptions. Let us explain. America’s Founding Fathers found the English system of imprisoning those who could not pay their debts cruel and unusual punishment. Thus, within the first few years of the founding of the …
read more: Can You Go to Jail for Unpaid Bills?
Oct 21, 2019 | Bankruptcy, David Poston
Dealing with debt collectors is one of the most difficult aspects of having delinquent debt. Many of the debt collectors use harassing tactics in an attempt to force immediate debt payment even if you cannot afford such payment. Debt collectors can make a bad situation even more stressful. You find yourself wanting to do whatever …
read more: Stop Debt Collector Harassment. Know Their Practices and Your Rights.
Sep 25, 2019 | Bankruptcy, David Poston
Are you thinking about filing bankruptcy? Do you need to hire an attorney to help you file? Bankruptcy law does not require a person have an attorney assist them in filing for bankruptcy. This means that you could choose not to hire a bankruptcy attorney to help you file for bankruptcy. But, bankruptcy is a …
read more: Why You Need The Help of an Experienced Lawyer to File Bankruptcy
Aug 15, 2019 | Bankruptcy
Credit cards are useful and convenient. But, it is all too easy to amass credit card debt that overwhelms your financial situation. If you are burdened by a growing credit card debt, there are actions you can take now that can help you tackle the problem. Tips for a Credit Card Debt Talk to Your …
read more: What to Do about Your Growing Credit Card Debt
Jul 5, 2019 | Bankruptcy
Have you filed bankruptcy and have received or are about to receive a discharge of your debts? This is great news because it means you are one step closer to your financial fresh start. But, there is something that may interfere with your fresh start. Incorrect Information On Your Credit Report After a debt is …
read more: Checking Your Credit Report after Bankruptcy
Jun 7, 2019 | Bankruptcy
If you are someone who admits to being a dedicated do-it-yourself sort of person, you have to change your mindset if you are about to file for bankruptcy. You may have seen the do-it-yourself or for dumbbells guides to bankruptcy, and you may even believe you can handle the many steps involved, but that is …
read more: Do I Need an Attorney? The Right Way to do Bankruptcy in Birmingham
Jun 2, 2019 | Bankruptcy
Are you living paycheck to paycheck, working on saving money, but every month, something comes up to thwart your plans? Your car needs new tires or a battery. Your children need money for an extracurricular event at school. You may feel overwhelmed, like you have fallen in a hole so deep you will never find …
read more: Filing for Bankruptcy: How Do You Know When It’s Time?
Jun 2, 2019 | Bankruptcy
Simultaneous with filing for chapter 7 bankruptcy, your bankruptcy is assigned a bankruptcy case number. It is important that write down or remember this case number in case one of your creditors contacts you after filing. It is also important to remember the date you filed. Filing for Chapter 7 Bankruptcy Another event that occurs …
read more: You Filed Chapter 7 Bankruptcy, Now What?May 13, 2019 | Bankruptcy
While many people in financial distress think of debt consolidation as the way to go, there is also the option of setting up a repayment plan under Chapter 13 bankruptcy. While it can be a good option for many, make sure you understand how it works before proceeding. Read on to learn about the specifics …
read more: Understanding Chapter 13 Repayment Plans
May 10, 2019 | Bankruptcy, David Poston
Do you sometimes feel like you are drowning in credit card debt? You are not alone. A study reveals that the average American household has a revolving credit card debt of $15,310. The Dangers of Credit Card Usage While the amount of credit card debt may vary per household, the reason for the accumulation of …
read more: Is Credit Card Debt Overwhelming You?Brock & Stout can help you with your Bankruptcy, Social Security Disability and Personal Injury claim needs today. Feel free to call our toll free number, contact us online or stop by one of our many office locations. We hope you will give us the opportunity and the privilege to help you and your family.
