Bankruptcy is not something that anyone wants to go through, but sometimes it is necessary in order to get a fresh start and regain control of your finances. Here are the top 10 reasons you may need to file for bankruptcy. 1. Wage Garnishment If you are behind on your...
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...
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...
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;...
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...
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...
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...
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...
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...
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...
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.