It is easy for expenses to sneak up on a Texas resident. A cup of coffee here, a quick lunch there and a few unplanned purchases can easily add up to a significant amount of credit card debt over time. If an individual fails to notice how much of a problem it is until...
Helping You Navigate Complex Legal Issues
Year: 2018
How to rebuild your credit after a bankruptcy
Many people worry about what filing for bankruptcy does to your credit score — but, filing can save you from the significant credit hits and financial ruin that come with foreclosure, lawsuits, repossession and wage garnishment. If you are worried about...
Not every debt is discharged in a Chapter 13 bankruptcy
It seems as though debt sneaks up on Texas residents. Their lives are busy, and even though it may take months for the situation to become dire, many wake up one morning to realize they are overwhelmed by their financial situations. One of the debt relief options they...
Credit card debt continues to rise
On the one hand, as consumer confidence in the economy rose, so did the amount people spent. On the other hand, as people continued to struggle financially, so did the amount of their debt. In both scenarios, the amount of credit card debt carried by consumers...
Why do people turn to Chapter 7 bankruptcy?
The odds are that you have some sort of debt just like many other Texas residents do. You may also be like others who consistently perform the same balancing act each month just to stay above water. However, when that balancing act becomes too much to bear, you may...
Chapter 7 bankruptcy issues: Changes in the debt landscape
Back in 2008, the banking and housing industries experienced a crisis that thrust the country into the Great Recession. Over the last 10 years, consumers' spending habits changed in response to it. For many Texas consumers, that meant filing for Chapter 7 bankruptcy...
Ways to get a mortgage with bad credit
Finding out your credit is poor does not mean you suddenly turned from a good person to a bad person. The thing with bad credit is, it can make life a little more frustrating, but it is manageable. First off, with a lower credit score you will find it will be harder...
Choosing between consolidation and Chapter 7 bankruptcy
Debt is an unavoidable part of American life, as many people can attest, but sometimes, it can get away from us. For Texas residents facing serious debt problems, there are multiple solutions available to help remedy the situation. However, it is important to...
How Chapter 7 bankruptcy works
Bankruptcy can be a complicated topic to discuss or learn about, both because of incorrect information disseminated through popular culture, and because it is a complicated process. Chapter 7 bankruptcy can help Texas residents recover from unmanageable debt, but it...
The filer’s responsibilities in a Chapter 13 bankruptcy
When Texas residents are faced with overwhelming debt, they often search for debt relief options that provide them with the most bang for their buck. In many cases, this turns out to be bankruptcy. Depending on income levels, many of those people will end up filing a...