What to Expect from Pre-Bankruptcy Credit Counseling

What to Expect from Pre-Bankruptcy Credit Counseling

Before filing for bankruptcy, debtors are required to complete a mandatory, credit counseling course. The credit counseling course must be a non-profit and officially approved by the US Bankruptcy Court. If you file your bankruptcy petition without proof of completion, your bankruptcy case will be dismissed. The credit counseling course, however, need not be feared,  … Read more

  Filed under: Filing bankruptcy


Getting a Repossessed Car Back with Bankruptcy

Getting a Repossessed Car Back with Bankruptcy

Struggling with debt is a stressful experience which can be expounded by having your vehicle repossessed. When you default on a car loan by missing a payment, the lender of your automobile loan has the right to repossess your automobile. If you’re in danger of having your automobile taken, there are steps that you can  … Read more

  Filed under: bankruptcy


How Bankruptcy Store Closing are Affecting Malls

How Bankruptcy Store Closing are Affecting Malls

For those unaware of the matter, retail stores and restaurants in the US have had a rough go over the past 24-36 months, keeping bankruptcy attorneys quite busy. Some absolute behemoths of industry such as Claire’s, Toys R’ US, Pac Sun, Aeropostale, Wet Seal, and Bon Ton have all filed bankruptcy since 2015, in a  … Read more

  Filed under: News


Houston Bankruptcy Watch: Erin Energy Corp.

Houston Bankruptcy Watch: Erin Energy Corp.

In recently Houston, TX bankruptcy news, Erin Energy announced this week that it will file for voluntary bankruptcy protection in an effort to restructure debt and restore its finances. Formally known as Camac Energy, the Houston-based oil and gas exploration and production company focused mainly on oil and gas development for African offshore plays, weighing  … Read more

  Filed under: News


How Much Debt Do I Need to File Bankruptcy?

How Much Debt Do I Need to File Bankruptcy?

Numerous individuals wonder if they have enough debt to file for bankruptcy protection. The fact of the matter is that there is no legal minimum set for in the US Bankruptcy code to become eligible for bankruptcy. There is, however, a debt ceiling that limits an individual from filing Chapter 13 bankruptcy. Minimum Debt to  … Read more

  Filed under: Debt