Blog Category: Debt


Get Your Driver’s License back Using Texas Bankruptcy

Get Your Driver’s License back Using Texas Bankruptcy

As a Houston, TX bankruptcy attorney law firm, we see people from all walks of life who need help getting a handle on their debt. Debt, after all, can have unintended effects on your life such as loss of property, failure to obtain new credit for major purchases, and can even cause you to lose  … Read more

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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

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Texas Credit Card Lawsuit Defense

Texas Credit Card Lawsuit Defense

When you fall behind on paying your credit card debt, your creditor will attempt to collect the debt, but if they believe that you have no intention of paying it back, they are likely to close the line of credit and file a lawsuit in order to obtain a judgment against you. Being sued by  … Read more

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My Creditors are Threating Jail Time

My Creditors are Threating Jail Time

While not as common as it used to be, some creditors and debt collection agencies still result to bully tactics in an attempt to collect a debt that is owed to them. These are empty threats that include: publishing or advertising your debts, drain your bankruptcy account, or even having your arrested. While these menacing  … Read more

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Eliminate Medical Debt with Bankruptcy

Eliminate Medical Debt with Bankruptcy

If you’ve incurred a large amount of medical debt, it can be a stressful situation in which you may feel you have no place to turn. There are, however, options available that can help eliminate medical bills. Debt accrued from medical procedures, hospital stays, and unexpected injuries is the leading cause of bankruptcy, and you  … Read more

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Debt Collection Call After Bankruptcy

Debt Collection Call After Bankruptcy

One of the major advantages of bankruptcy in Texas is called an automatic stay. The automatic stay in bankruptcy legally prevents (stays) all creditor calls after filing bankruptcy. In fact, it prevents any attempts to collect a debt until the conclusion of your bankruptcy case, to include collection calls, collection mail, seizure or repossession of  … Read more

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What to Avoid Before Filing Bankruptcy

What to Avoid Before Filing Bankruptcy

There are quite a few mistakes that individuals make just before filing bankruptcy. These mistakes are made either intentionally with the belief that they won’t be caught by the bankruptcy trustee or “presumptively”, without full knowledge that they are to be avoided. The actions you want to avoid before filing bankruptcy include paying down debt,  … Read more

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Student Loan Debt Continues to Burden Americans

Student Loan Debt Continues to Burden Americans

With the national student debt level topping $1.4 trillion, it not only equates to the second highest amount of household debt next to mortgage payments in America, it’s actually an obstacle to new graduates wanting to buy their first home and start a family. The Student Loan Report for Q4 of 2017 depicts no abetment  … Read more

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Spotting a Debt Relief Scam

Spotting a Debt Relief Scam

Individuals drowning in debt look for a life preserver in many forms, and sometimes it can result in a costly mistake. The Federal Trade Commission (FTC), warns consumers to be weary of debt relief and credit repair scams that can target individuals with lofty credit card debt by falsely promising to negotiate with creditors in  … Read more

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Debt Management Information

Debt Management Information

As the name suggests, debt management is basically a debt-relief option to offer help to people who are struggling with their monthly bills and credit liabilities. So, basically, you sign up with a debt management company that renegotiates your repayment plan with your creditors and creates a debt management information plan for you to manage  … Read more

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