How Will Bankruptcy Affect My Student Loans?

How Will Bankruptcy Affect My Student Loans?

With larger numbers of individuals going to a higher university later in life, it’s becoming more common that individuals who have debts discharged in a Texas to seek out student grants, loans, or other types of student aid to attend a higher education institution. If you have previously filed bankruptcy in Texas, you might be  … Read more

  Filed under: News


Millennials Face Bankruptcy in Houston

Millennials Face Bankruptcy in Houston

In a recent U.S. report, Millennials face bankruptcy in Houston more than any almost any other American city. The study looked into which cities in the nation had the highest amount of personal debt among Millennials with Houston ranking number fourth out of the 50 largest metro areas. While Texas offers enormous opportunities to young  … Read more

  Filed under: News


Unemployment and Bankruptcy

Unemployment and Bankruptcy

Loss of income is one of the major causes of bankruptcy in America, not to mention, bankruptcies in Texas. If you become unemployed and can’t afford your current living expenses or debt obligations, bankruptcy can offer solutions to keep your property and discharge unsecured debts. Deciding which type of bankruptcy you qualify for, however, will  … Read more

  Filed under: bankruptcy


Using Chapter 13 in a Texas Business Bankruptcy

Using Chapter 13 in a Texas Business Bankruptcy

Running a successful business is difficult, and there can come a time when your sole proprietorship just isn’t realizing the money needed to pay for business operations as well as your own salary to pay for debts and expenses. If your business is not generating enough income to sustain you while you pay down debt,  … Read more

  Filed under: Chapter 13


Common Chapter 13 Bankruptcy Pro Se Mistakes

Common Chapter 13 Bankruptcy Pro Se Mistakes

Chapter 13 bankruptcy is quite the involved process, requiring not only a formidable stack of paperwork to begin the process but also a long and involved budgeting process that is meant to last for three to five years. Because of the long-term financial and personal consequences involved with bankruptcy, you should always consult a bankruptcy  … Read more

  Filed under: Chapter 13


Filing Bankruptcy while in Collections

Filing Bankruptcy while in Collections

Between the creditor calls on your cell and at work and the notices threatening legal action if you don’t pay up, Being in collections isn’t very much fun. If you are currently in collections and planning to file bankruptcy in Texas, you should take solace that bankruptcy is a very real way to obtain debt  … Read more

  Filed under: Debt


How Many Times Can You File Bankruptcy in Texas?

How Many Times Can You File Bankruptcy in Texas?

For individuals who haven’t filed bankruptcy, you may be asking yourself, “Why would anyone want to file bankruptcy in Texas more than once?” We’ll address that question later, however, sometimes situations can (and do) arise, where an individual or a business has a strong need to eliminate debt utilizing the US Bankruptcy Code a second  … Read more

  Filed under: Filing bankruptcy


Can I Change My Bankruptcy Information After Filing?

Can I Change My Bankruptcy Information After Filing?

Filing for bankruptcy requires numerous forms to be filled out which contain potential mountains of meticulous information. Individuals who consult their Texas bankruptcy attorney are worried about making mistakes or accidentally omitting important information. Likewise, people often ask our bankruptcy law firm if they can change bankruptcy information that has already been filed with the  … Read more

  Filed under: Filing bankruptcy


Payday Loan Owner Charged with Texas Bankruptcy Fraud

Payday Loan Owner Charged with Texas Bankruptcy Fraud

Wouldn’t it be nice if you could create money out of thin air? This is exactly what a payday loan business owner is accused of attempting in a bankruptcy case that resulted in Federal bankruptcy fraud charges. The business owner of the failed payday loan scam has been order by a Houston bankruptcy judge in  … Read more

  Filed under: News


Tax Consequence of Debt Settlement

Tax Consequence of Debt Settlement

Obtaining a debt settlement and paying less than what you owe is a smart financial move that proves your expert negotiation abilities right? Well, almost, however while paying back a creditor for less than what you owe is a smart play, you should be aware of how the IRS looks at your debt negotiation deal.  … Read more

  Filed under: Taxes