Nov 21, 2020 | Bankruptcy, David Poston
Unfortunately, any number of possibilities could upset your financial stability. Personal hardships such as losing your job, facing an unexpected illness or injury, and divorce are several examples. Any of these could lead to out-of-control debt. You may also be trapped in what seems like an endless cycle of debt. If this happens, bankruptcy could …
read more: Bankruptcy is not a One-Size-Fits-All Process
Nov 4, 2020 | Bankruptcy, David Poston
Rent is one of the most important monthly expenses that you pay each month. It can also be one of your most expensive bills. What if your funds are low and you cannot pay your landlord? Do you have any options if you fall behind on your rent and are facing eviction? In Alabama, your …
read more: The Alabama Eviction Process
Oct 27, 2020 | Miscellaneous
Last month city officials across the Wiregrass received welcome news from the federal government about the awarding of a $450,000 grant. The grant comes from the US Department of Transportation (DOT) Better Utilizing Investments to Leverage Development (BUILD) program. The BUILD program helps fund infrastructure projects across the nation. The Wiregrass grant is one of …
read more: Federal Grant Could Bring Economic Change to Dothan and Enterprise
Oct 22, 2020 | Miscellaneous
Last month Alabama Sen. Richard Shelby announced that the city of Tuscaloosa, AL will receive a $15 million grant from the US Department of Transportation (DOT). The grant comes through the department’s Better Utilizing Investments to Leverage Development (BUILD) program. The BUILD program helps fund infrastructure projects nationwide. This year the DOT has dedicated $1 …
read more: Tuscaloosa Gets Economic Boost From $15 Million Federal Grant
Oct 21, 2020 | Bankruptcy, David Poston
Many Alabama citizens live from paycheck to paycheck. At times they find themselves needing short-term payday loans to make ends meet sometimes. According to the Alabama Department of Banking, 189,231 Alabamians took out 1.6 million payday loans worth about $563.6 million in 2019. Payday loans are quick turnaround cash loans that supposedly benefit the borrower …
read more: Alabama Payday Lending Laws
Oct 12, 2020 | Bankruptcy, David Poston
According to credit reporting agency Experian, Americans maintained approximately $830 billion in credit card debt through 2019. Almost 20% of credit cardholders carried more than $10,000 and almost 4% owed more than $30,000 in credit card debt. Owing large credit card debt causes significant financial stress. Many people with large credit card debt only obtained …
read more: Can Bankruptcy Help with Large Credit Card Debt?
Sep 28, 2020 | Bankruptcy, David Poston
Are you struggling with credit card debt? Do you fear that the credit card company will soon take action against you? You are not alone. The average American household owes $15,000 in credit card debt. Many of them face collection actions, including wage garnishment, for their unpaid credit card debt. Unfortunately, you cannot realistically ignore …
read more: Beware: Ignoring Credit Card Debt Could Lead to Wage Garnishment
Sep 17, 2020 | Bankruptcy, David Poston
Some people who struggle with overwhelming debt choose not to file bankruptcy because they fear the loss of their private information. This is a legitimate concern because bankruptcy is a public record. Bankruptcy documents do contain sensitive personal information such as: personal address Social Security number tax identification numbers bank account information listing of all …
read more: Your Privacy Rights During Bankruptcy
Sep 4, 2020 | Bankruptcy, David Poston
No one is immune from a major health issue. You could have an accident that causes physical injury, develop a chronic illness, or be exposed to something harmful. Unfortunately, even with health insurance, medical treatment can be costly. This is especially true if it is on an ongoing basis. Between paying premiums, deductibles, co-pays, etc., …
read more: How Bankruptcy Can Help with Unexpected Medical Debt
Aug 31, 2020 | Bankruptcy, David Poston
Being in debt can cause enormous stress. If debt has weighed you down, bankruptcy might offer you the relief you desperately need. While it might seem scary, bankruptcy can provide some benefits. After bankruptcy, some of the benefits include: No More Harassment From Creditors or Debt Collectors After filing for bankruptcy relief, a legal mandate …
read more: Surprising Benefits of Life after 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.
