Oct 30, 2023 | Bankruptcy, Spencer W. Jones
A credit report is a statement, frequently reviewed when engaging in financial activity, which may use to determine an individual’s financial reliability. It can also be used as a tool to help understand your financial health. Information on your credit report can be used to determine whether you qualify for loans, can open a bank …
read more: Learning How to Dispute Credit Errors
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 …
read more: Why Bankruptcy Should Not Be Your Last Resort
Oct 2, 2023 | Bankruptcy, Spencer W. Jones
Are you overwhelmed with credit card debt? Most people that find themselves overburdened with credit card debt started using credit cards to supplement their income to help make ends meet. In the beginning it can be easy to maintain a small payment on a single card; but, for a variety of different reasons, that one …
read more: Credit Card Debt and Bankruptcy
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 …
read more: Chapter 13 Bankruptcy in Alabama
Sep 11, 2023 | Bankruptcy, Casey Taylor
Filing Bankruptcy on Personal Loans According to data from the credit bureau TransUnion, personal loans are the fastest-growing consumer debt. The credit bureau says from the first quarter of 2017 to the first quarter of 2018 the number of outstanding loans rose from 16.9 million to 19.2 million. They attribute the growth in personal loans …
read more: Filing Bankruptcy on Personal Loans
Aug 14, 2023 | Bankruptcy, Casey Taylor
The prevalence of unsecured debt is on the rise in the United States. This type of debt, which includes credit card debt and medical debt, can have a major impact on one’s financial stability. Several factors contribute to the prevalence of unsecured debt. One is the increasing cost of living. As the cost of necessities …
read more: Eliminating Unsecured Debt in Chapter 7 Bankruptcy
Jul 17, 2023 | Bankruptcy, Casey Taylor
In recent years, the number of families living paycheck to paycheck has risen sharply. For many Americans, this is the new economic reality. More and more families are falling into financial hardship, as the cost of living continues to increase. This can have serious consequences for those who are unable to make ends meet. The …
read more: Paycheck to Paycheck Living on The Rise
Jun 19, 2023 | Bankruptcy, Casey Taylor
In helping clients file for bankruptcy, they often ask the following two questions: If something happens to my car while I am in bankruptcy, can I buy a new one? Will I be able to buy a car after I am out of bankruptcy? These are reasonable concerns. Having reliable transportation can be considered a …
read more: Buying a Car during and after Bankruptcy
May 22, 2023 | Bankruptcy, David Poston
When struggling to make ends meet, you may have gotten behind on your monthly debt payments. With the delinquency, the creditor is threatening to sue you. Ultimately, the creditor might obtain a judgment against you. You may be unsure what that means, so let us help you understand. What Is a Wage Garnishment? Usually, the …
read more: Understanding Alabama Wage Garnishment Laws
May 9, 2023 | Bankruptcy, David Poston
There is no doubt that credit cards are both useful and convenient. But, it is all too easy to amass credit card debt that is overwhelming. If you are burdened by a growing credit card debt, there are actions you can take now that can help you tackle the problem. Transfer Your Credit Card Debt …
read more: What to Do about Your Growing Credit Card DebtBrock & 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.
