Last updated 2 days 18 hours ago
The loss of a job, divorce, medical emergencies, and the death of a spouse are prime examples of how easy (and how quickly) people can find themselves in debt. Good people get into debt all the time and find themselves in over their heads. While bankruptcy can essentially wipe the slate clean, it can have a major impact on your credit rating and may negatively affect your ability to borrow cash in the future. If you are considering meeting with a bankruptcy attorney, start with this article and learn the basics of bankruptcy.
Types of Bankruptcy
There are two primary types of bankruptcy for individuals: Chapter 7 and Chapter 13. Chapter 7 bankruptcy, commonly known as liquidation, allows filers to give up assets in exchange for discharge of their debts. This is frequently the option for people who have little or no income and a lot of debt. Chapter 13 bankruptcy, also known as debt adjustment, allows individuals to temporarily halt foreclosures and collection action while they execute a plan to repay their debts over a three- to five-year period.
Although Chapter 7 and Chapter 13 bankruptcy can help you eliminate or more successfully your debt, there are consequences to filing for bankruptcy in the U.S. The biggest impact of bankruptcy (besides being discharged from your debts and ceasing collection activities) is the change in your credit score. However, you can slowly rebuild your credit after bankruptcy and you may eventually be able to increase your credit score higher than it was before you filed. There is also the possibility of losing some of your possessions to the bankruptcy trustee.
If you are considering Chapter 7 or Chapter 13 bankruptcy, contact Dixon & Johnston, P.C. Our bankruptcy attorneys are here to put your mind at ease and help you get out from underneath the mountain of debt you are dealing with. Visit our website to learn more about our bankruptcy attorneys, or call our law office at (618) 207-3770 to speak with us today.
Last updated 4 days ago
There was an interesting article in the August 17th Sunday Magazine of the New York Times. Unfortunately many of our bankruptcy clients have had horrid experiences with debt buyers who threaten and lie to them in the hope that they will make a payment. Bankruptcy can clear these old debts off credit reports and solve most problems with the collectors, but this article helps explain how it is that you get calls on debts that are extremely old, or may have even previously been settled. It’s a very interesting piece on the unsavory world of debt collections.
Last updated 5 days ago
Supplemental Security Insurance (SSI) and Social Security Disability Insurance (SSDI) are cash programs under the Social Security Administration that are supposed to help citizens in need of financial support. Unfortunately, many SSI and SSDI claims are rejected or the benefits awarded are unsubstantial. Whether you are filing a claim for the first time or appealing a rejected claim, a disability attorney can make sure you receive the benefits you deserve. Here is a look at some of the most important ways that a disability attorney can help with your Social Security claim.
Gather and Develop Medical Evidence
After your attorney agrees to take your case, he or she will start to gather the appropriate medical records needed to win your claim. Because the Social Security Administration frequently dictates the type of exam needed to win a disability claim, your attorney will review your medical records to determine if you need to undergo additional testing. Most importantly, your attorney will know what to do with bad medical evidence (if any exists) that could hurt your case.
Prep You for the Hearing
After your attorney has reviewed your file and submitted the appropriate medical records, he or she will meet with you and prepare you for the questions you are likely to face during your hearing with the judge presiding over your case. Answer your attorney’s questions as honestly as you can so he or she can represent you effectively in court.
Argue Your Case
If you are appealing a denied claim, having an experienced disability attorney on your side can greatly increase your chances of winning the benefits you deserve. That’s because your disability attorney will determine the best way to win your case by developing a “theory” of why you are disabled according to Social Security disability law. Your attorney can prove that your condition meets the SSA’s disabled requirements, that you cannot work now or in the near future, or that your exertion level is less than sedentary.
If you want to start receiving the Social Security benefits you deserve, contact Dixon & Johnston, P.C. Our disability attorneys specialize in Social Security law, and we can help with both SSI and SSDI claims. Please call us at (618) 207-3770 to schedule your initial consultation with one of our experienced SSI and SSDI attorneys.
Last updated 11 days ago
In order to qualify for Social Security Disability (SSD) benefits, the Social Security Administration (SSA) required detailed medical information about your disability. The more information you provide, the better the chances that your claim will be successful and the more compensation you are likely to receive. Detailed histories of treatment from your doctor, test results, and clinical findings are all helpful when it comes to your SSD application.
If your claim has been denied, Dixon & Johnston, P.C., can help. We understand the complexities of Social Security law, and our attorneys are willing to fight for every penny you deserve. If you are filing your SSD claim for the first time, let our attorneys walk you through the process and make sure your claim is as strong as possible. Call us today at (618) 207-3770 to discuss your case with one of our experienced disability attorneys.
Last updated 15 days ago
If you are disabled and unable to find gainful employment for at least one year, you may be entitled to SSD or SSI benefits from the Social Security Administration. In order to receive benefits, you must first file a claim. In your claim, you will need to include medical documentation regarding your disability and how it impacts your ability to find employment presently and in the future. To learn more about the steps required to file for disability benefits, watch this brief video clip.
Filing for disability benefits can be tricky, which is why it helps to work with an attorney who specializes in Social Security law. The attorneys here at Dixon & Johnston, P.C., are skilled in Social Security law and can help you with your SSD or SSI claim. To schedule your initial consultation, contact us online or call us at (618) 207-3770.