Aug 10, 2018 | Bankruptcy
Medical debt is a growing problem for many Americans. Last year the Kaiser Foundation released a survey estimating 25% of American adults feel burdened by medical debt. Over half of those surveyed owed $2500 or more in medical bills. The burden of the debt often made it difficult for them to pay for basic expenses. …
read more: 3 Common Questions about Medical Bills
Jun 4, 2018 | Bankruptcy
Have your finances gotten so overwhelming that you find it difficult to keep up with your mortgage payments? Do you think foreclosure on your home could happen? It may be time to consider filing bankruptcy in Dothan. While bankruptcy cannot get rid of your mortgage, it could help delay or stop a foreclosure. The main …
read more: How Can Bankruptcy in Dothan Help with Foreclosure?
May 29, 2018 | Bankruptcy
Bankruptcy consultations can give chills to anyone who is not aware of the process and questions. However, a bankruptcy consultation from our bankruptcy attorneys in Mobile and other areas in Alabama is for your betterment and helps you pick the right option. Before you set up a consultation with your bankruptcy lawyer, make sure you …
read more: How to get the most out of your Free Bankruptcy Consultation in Mobile, AL
Apr 26, 2018 | Bankruptcy
When filing bankruptcy to gain debt relief, there are two main types of debt that will be involved. Secured debt and unsecured debt. The types of debt are treated differently depending on the type of bankruptcy you file. Whether a debt is secured or unsecured can influence if it is discharged in a chapter 7 …
read more: Understanding the 2 Main Types Of Debt: Secured and Unsecured DebtApr 14, 2018 | Bankruptcy
While each individual case is different and no two situations are identical, you may want to consider bankruptcy before traveling down the path of debt consolidation. There is nothing inherently wrong with debt consolidation, but it is often a process that drags on for years. Bankruptcy, while having an effect on your credit report, can …
read more: 5 Reasons Why Bankruptcy is Usually Better than Debt Consolidation in Dothan
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: The Best Outcome of Bankruptcy
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: Filing for Bankruptcy While Unemployed
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: Bankruptcy Could Help Recover Garnished Wages
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: 3 Reasons You Should Not Delay Filing Bankruptcy
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: Retirement Savings and BankruptcyBrock & 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.
