Mar 20, 2018 | Bankruptcy
There are many beneficial financial outcomes to filing bankruptcy. But, perhaps the best outcome of bankruptcy is the gaining of financial peace of mind. When you have lived with the burden of debt for so long it can cause extreme stress. This financial stress can harm your mental, physical, and relational well-being. You may not …
read more
Mar 2, 2018 | Bankruptcy
A sudden job loss can leave you financially devastated. Receiving unemployment benefits can help. But, it is often not enough to cover living expenses and pay any debts you may have. Each month you get further behind and the financial stress becomes overwhelming. Bankruptcy could be an option. It could help you eliminate some of …
read more
Feb 7, 2018 | Bankruptcy
Are you one of the millions of Americans whose wages are being garnished to pay one or more debts you owe? Is your wage garnishment making your financial situation even more difficult? Bankruptcy could help stop the garnishments and even help recover some of your garnished wages. As discussed in this previous post, the aspect …
read more
Jan 9, 2018 | Bankruptcy
Sometimes those struggling financially believe bankruptcy could help them, but they delay filing. They may delay out of hope that their financial situation will get better. Or, lack of knowledge about the bankruptcy process causes them to fear filing so they put off doing it. They choose to continue struggling and do anything they can …
read more
Dec 13, 2017 | Bankruptcy
Clients who are contemplating bankruptcy often ask two main questions about any retirement plan they may have. They usually want to know if they: will lose their retirement if they file bankruptcy should cash in their retirement and use it to pay their debt before filing bankruptcy As with most bankruptcy questions, the specific answer …
read more
Nov 15, 2017 | Bankruptcy
When you have unpaid debt, the creditor you owe may hire a debt collector or debt collection agency to collect the debt on their behalf. The debt collector or collection agency will contact you regularly trying to collect the unpaid debt. This practice is not illegal, but it is regulated by the Federal Trade Commission …
read more
Jul 5, 2017 | Bankruptcy
Many people do not file for bankruptcy because they lack a basic understanding of bankruptcy. They do not understand: what it is the different types of bankruptcy if they need an attorney’s help. They base their decision on negative and wrong information from family and friends. They listen to somebody who knew somebody who once …
read more
May 24, 2017 | Bankruptcy
A question married clients often ask us is, “Do we have to file a joint bankruptcy or can one of us file alone?” The straight answer to the question is that a married couple does not have to file jointly. Bankruptcy laws allow a spouse to file an individual bankruptcy petition. But, all bankruptcy cases …
read more
Apr 10, 2017 | Bankruptcy
Filing for bankruptcy can be a scary and confusing thing to think. One of the main things that lead to these feelings is a lack of understanding of common bankruptcy terminology. There is no need to feel confused especially once you have a better understanding of these common bankruptcy terms. Automatic Stay is an order …
read more
Mar 6, 2017 | Bankruptcy
Many Americans are burdened by financial difficulties such as excessive medical bills, overwhelming credit card debt, underwater mortgages, job loss, etc. Filing for bankruptcy can be beneficial to those who are struggling financially. Perhaps the most beneficial aspect of bankruptcy is the automatic stay. What is an Automatic Stay? The automatic stay is an injunction …
read moreBrock & 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.
