Oct 26, 2015 | Bankruptcy
If you are struggling to pay off your debt and considering filing bankruptcy to get rid of annoying collection calls, you should first understand the differences between various types of bankruptcy chapters. There are two primary bankruptcy options for the relief of personal debt – Chapter 7 and Chapter 13. There are several significant differences …
read moreJul 13, 2015 | Bankruptcy
One of the things that make people go crazy during bankruptcy is their income tax debts. However, if you have a bankruptcy lawyer by your side, you will be able to make the entire process a lot smoother for yourself. Declaring bankruptcy means that you are unable to pay the debts you owe to creditors. …
read moreJun 16, 2015 | Bankruptcy
When you are unable to pay your debts in the given time period, you start to get threatening calls, emails, and letters from creditors. This action from a creditor’s end is termed as harassment and there are strict laws against it. Victims of creditors’ harassment are often protected under the Fair Debt Collection Practices Act …
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Apr 16, 2015 | Bankruptcy
If you want to file for either chapter 7 or chapter 13 bankruptcy this means completing the means test, and there are some things that you need to know before you file. The means test has been a bankruptcy requirement for more than a decade, and it is still a source of continuing confusion and …
read moreApr 9, 2015 | Bankruptcy
Filing Chapter 13 bankruptcy can help consolidate loan debt, but there are caveats. Where student loan debt is concerned, loans can only be discharged or significantly reduced if a person can demonstrate undue hardship. But what exactly is an undue hardship and how can you prove it? What is Undue Hardship? By definition, undue hardship …
read moreFeb 6, 2015 | Bankruptcy
While nobody wants to enter into a situation in which they are forced to file for bankruptcy, it can be a liberating option for those stuck in financial woes with no other way out. One form of bankruptcy is known as Chapter 7 and has been helpful for many individuals and families suffering from a …
read moreNov 11, 2014 | Bankruptcy
Most everyone knows that going into debt is a bad thing. In today’s reality, going into debt can cause some serious repercussions. There are dangers that arise from not dealing with debt. Below are listed a few of the consequences of not handling your debt. Bad Credit If you neglect to pay your debts, then …
read moreSep 2, 2014 | Bankruptcy
If a person has accrued an outstanding amount of debt and is struggling to find ways to handle that debt, there are options available to them for discharging debt. Chapter 13 bankruptcy is a proceeding that allows the debtor to reorganize his or her finances under court approval. Chapter 13 bankruptcies, also referred to as …
read moreAug 18, 2014 | Bankruptcy
Some people rely on debt consolidation loans to fix their debt problems, only to find that this method does not always work. There are companies who advise and make promises about debt consolidation, only to lead unsuspecting innocents into a financial pit. Take the following steps to avoid being scammed: Research debt consolidation companies prior …
read moreJul 29, 2014 | Bankruptcy
For some people, debt consolidation can help reduce financial stress because they no longer have to keep track of different debt sources accumulating around them. However, most people fail to realize that the debt still exists. It has simply been moved from one location to another and the debt holder is still liable for repayment. …
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.
