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...
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...
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...
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....
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...
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...
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...
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,...
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...
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...
Brock & Stout can help you with your Bankruptcy, Social Security Disability and Personal Injury 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.