How to Handle Debt Collectors

How to Handle Debt Collectors

Most likely one of the biggest reasons that has led you to considering bankruptcy is the fact that you are dealing with numerous creditors. These individuals that you owe money to want to be paid and they can become incessant with their contact in the hopes that they will be able to get you to  … Read more

  Filed under: Debt


Means Test for Your Chapter 7 Bankruptcy

Means Test for Your Chapter 7 Bankruptcy

There are rules and regulations pertaining to every chapter of the different forms of Houston bankruptcy. In the Chapter 7 bankruptcy normally the debtor has to comply with the means test in order to qualify for this form of bankruptcy. This does not occur in all cases however. There are circumstances where the means test  … Read more

  Filed under: Chapter 7


The Steps of a Chapter 7 Bankruptcy

The Steps of a Chapter 7 Bankruptcy

The Chapter 7 bankruptcy is a legal process that you need to go through if you have decided that this is a course of action you want to take for your debt resolution. Once you have decided to do this then there are steps that you have to go through in order for the bankruptcy  … Read more

  Filed under: Chapter 7


Qualifying For Chapter 7 or 13

Qualifying For Chapter 7 or 13

Many individuals filing for bankruptcy assume that they can have a choice between either a Chapter 7 or Chapter 13 bankruptcy. Both of these have specific criteria that must be met in order to qualify. This determines which bankruptcy you will be eligible for. Chapter Considerations In a Chapter 7 bankruptcy it is usually a  … Read more

  Filed under: Filing bankruptcy


Paying the Bankruptcy Trustee in a Chapter 13 Bankruptcy

Paying the Bankruptcy Trustee in a Chapter 13 Bankruptcy

It doesn’t matter whether you are going for a Chapter 7 or Chapter 13 bankruptcy you will be assigned a bankruptcy trustee. As such this professional will need to be paid for their services. The payment rate is different according to the Chapter 7 or Chapter 13 bankruptcy. Trusting The Trustee Bankruptcy trustees in a  … Read more

  Filed under: Chapter 13


Paying The Bankruptcy Trustee in a Chapter 7 Bankruptcy

Paying The Bankruptcy Trustee in a Chapter 7 Bankruptcy

When you file for bankruptcy you will be assigned a professional called a bankruptcy trustee. This individual makes all of the decisions concerning your bankruptcy. This is the person that decides who gets paid and who does not and what assets you are able to keep and those which will have to be sold. This  … Read more

  Filed under: Chapter 7


Credit after a Business Bankruptcy

Credit after a Business Bankruptcy

One of the problems with bankruptcy is there is still a stigma attached to it. It is often perceived that if a person goes bankrupt that they either didn’t want to pay their bills, or they aren’t trustworthy with money. This is more thought of with personal bankruptcy compared to business bankruptcy. However, no matter  … Read more

  Filed under: Credit


Using Chapter 7 Bankruptcy for Small Business

Using Chapter 7 Bankruptcy for Small Business

Chapter 7 is often considered the bankruptcy action for personal bankruptcy. It is also applicable for small businesses that are either a sole proprietor or general partnership. In these forms of business you as the owner are personally responsible for the business debts, and that is why the chapter 7 bankruptcy is applicable. If it  … Read more

  Filed under: Chapter 7