Blog Category: Debt


Dealing With Debt

Dealing With Debt

Getting out of debt can be difficult. You will have to develop a plan and stick to it if you want to pay down or get out from under the crushing weight of too much debt. Limit Credit Cards If you are unable or unwilling to get rid of your credit cards, at least stop using  … Read more

  Filed under: Debt


Main Causes of Personal Insolvencies

Main Causes of Personal Insolvencies

What are the leading causes of personal insolvencies? The answer is as diverse as the individuals that live in our country. Insolvency occurs when an individual or business is unable to pay back their debts or meet financial obligations with lenders when debts become due. Keep in mind that there is a distinct difference between  … Read more

  Filed under: Debt


What Qualifies as Debt Collection Attempt?

What Qualifies as Debt Collection Attempt?

When an individual files bankruptcy in Texas, they are awarded a temporary automatic stay which prevents any creditor from making attempts to collect a debt. Sometimes, however, a debt collection attempt is made in violation of the automatic stay. Because of the ramifications, creditors typically do everything they can to avoid violating the automatic stay,  … Read more

  Filed under: Debt


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


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

  Filed under: Debt


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


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

  Filed under: Debt


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

  Filed under: Debt


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

  Filed under: Debt


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

  Filed under: Debt