Tips for Families After Filing for Bankruptcy

Tips for Families After Filing for Bankruptcy

After you have made the decision to file for a chapter 13 bankruptcy with the help of a bankruptcy lawyer, it is important to refinance your life and work to decrease your spending to pay off your debt. Chapter 13 bankruptcy requires you pay back debts in full or partially over three to five years.  … Read more

  Filed under: Money Management


Chapter 13 Bankruptcy: The Basics

Chapter 13 Bankruptcy: The Basics

In bankruptcy, a chapter 13 filing is also called reorganization. Generally, it is an option for debtors to make a deal with creditors to repay debt in a 3-5 year timeframe. Unlike chapter 7 filings, chapter 13 bankruptcy clients will not be discharged of their debt completely, but they also will not lose assets like  … Read more

  Filed under: Chapter 13


Budgeting the Easy Way

Budgeting the Easy Way

The number one thing you need to do when you start managing your own finances is to understand how to budget. It does not have to be a complicated spreadsheet that only a CPA or an attorney can figure out. It can actually be as simple as writing down all of your expenses for one  … Read more

  Filed under: Money Management


A Primer On Credit Management

A Primer On Credit Management

Even though we all know it isn’t true, it’s easy to view credit as “free money.” Because you don’t see the money for the transaction immediately come out of your bank account, it’s easy to just pass the plastic over the counter and not think about it. That is, until the interest rate hits your  … Read more

  Filed under: Credit


Traps to Avoid When Planning for Bankruptcy

Traps to Avoid When Planning for Bankruptcy

Filing for chapter 7 bankruptcy requires several things, one of which is a good Texas bankruptcy attorney to guide you through the process. But, even when you have someone lined up, it’s a good idea to know which pitfalls to keep away from while you’re planning your next moves. Here are some common traps that  … Read more

  Filed under: Filing bankruptcy


Fees to Consider In Bankruptcy

Fees to Consider In Bankruptcy

Filing for either chapter 7 or chapter 13 bankruptcies is a stressful and, sometimes, overwhelming process. Therefore, it’s a good idea to know just what you’re up against before you get started. And, while it may seem hypocritical to spend more money when you are already so far in debt, there are some fees that  … Read more

  Filed under: Filing bankruptcy


Dealing with Bankruptcy and Disability

Dealing with Bankruptcy and Disability

Bankruptcy is hard on anyone, but is much more difficult when disabilities are involved. The rates of several disability types have risen drastically; in recent years, the prevalence of autism has gone from 1 in 150 births to 1 in 68, according to the CDC. Bankrupt parents often worry about how their new financial situation  … Read more

  Filed under: Filing bankruptcy


Enjoying Your Earnings in Hard Times

Enjoying Your Earnings in Hard Times

A person experiencing bankruptcy or other financial struggles might say, “I hate money.” He or she might also feel as though enjoyment of money is off-limits. However, there are ways to enjoy money during bankruptcy and other hard times. Talk to Your Lawyer A bankruptcy attorney can guide you through the bankruptcy process. He or  … Read more

  Filed under: Money Management


Bankruptcy as a Strategy for Business Recovery

Bankruptcy as a Strategy for Business Recovery

Our nation’s economy makes for some tough financial calls, especially for small businesses. While bankruptcy is a last-resort option, recognize that declaring bankruptcy is not always bad and does not have to ruin your business’ financial future. In fact, for struggling business owners, bankruptcy can be an excellent strategy to clear debt and start back  … Read more

  Filed under: Bankruptcy Information