bankruptcy blog

As 2016 comes to a close you  have a few days to make the most of your financial profile for the New Year. In order to boost your financial planning for 2017, consider these year-end financial strategies steps to wrap up with the most benefit. Year-End Financial Strategies Donating To Charity Donating money or items  … Read more

Last week, mortgage rates rose by 8 basis points to 4.05% for a 30-year, fixed interest mortgage loan. This is up from 3.51% a month ago. While this rise in rate sounds scary, the actual dollar difference comes down to an extra $4.61 per $100,000 financed. Although there are some fears regarding rising mortgage rates and refinancing, the  … Read more

The New Year is days away and what better time to write down your New Years resolutions? Have you made any New Year Financial Resolutions? As you think about what you want for your family and life this coming year, make sure money management is a priority. Whether you are struggling with your finances and  … Read more

The Chapter 13 bankruptcy process is designed to help people resolve their debts, but don’t qualify for a Chapter 7 bankruptcy. By outlining a payment plan spread over 3 to 5 years, people can repay the portion set forth by the court over a series of payments. However, sometimes things don’t work out as planned,  … Read more

In a Chapter 13 bankruptcy, there are many legal terms that can be difficult to understand if you aren’t familiar with the process. One of the most common terms associated with a Chapter 13 bankruptcy case is “feasibility.” This term relates to the “feasibility requirement,” meaning demonstrating the ability to follow the Chapter 13 payment  … Read more

People drowning in debt are often plagued by a feeling of desperation. Desperate to avoid calls from credit collectors. Desperate to avoid the pitfalls of missed payments. Desperate to get out of debt. And desperate to stop feeling guilty. The bankruptcy process is complicated, which is why working with a Houston bankruptcy lawyer is crucial to  … Read more

The term “bankruptcy” is often met with enough fear, and adding the word “involuntary” makes it almost seem like it is forced. What is an involuntary business bankruptcy, you may ask? In a sense, it is business that is forced into filing bankruptcy; but, that doesn’t always mean a bad thing. In fact, filing for  … Read more

It is estimated that 70 percent of all bankruptcy filings are caused in large part to overwhelming medical debt. Medical debt is one of the most unique forms of debt because it originates from circumstances that are often unavoidable such as an accident or sudden illness.  In many cases the illness or injury has two  … Read more