Blog Category: Debt

Millions of Americans like the appeal of having it now and paying for it later.  This mentality leads many to buy things they can’t afford; only to leave them crippled with debt.  There is a saying that unsecured debt is an endless cycle. Otherwise known as the “credit card trap”, many people only make the  … Read more

Americans are drowning in debt more than ever before. As uncertainty and economic instability continues, many families are experiencing financial hardship beyond what they could have ever imagined. It is estimated that consumer debt grows beyond the  $14-trillion mark grows each year. Debt problems do not discriminate. They can occur to anyone at anytime, often  … Read more

In today’s times, millions are facing financial hardship and the risk of their homes and property. The COVID pandemic has caused immeasurable burdens on families all across the nation. With more people out of work and on the brink of eviction, many people are scrambling to find help. Fortunately, our Houston bankruptcy lawyer office can  … Read more

When facing financial hardship and problems with debt, matters are often made worse by creditors. Debt collection and creditors can be ruthless when it comes to collecting their money. From abusive language to repeated phone call harrassment, debt collection is not a laughing matter. Fortunately, there is important information to know that can protect you  … Read more

When you successfully resolve and complete a bankruptcy, your eligible debts will be labeled as “discharged“. This means that your debts are no longer enforceable for collections by the creditor. This is the ultimate goal of filing for bankruptcy and the desired outcome by anyone seeking debt elimination. The end result of a successful case  … Read more

If you are seeking help with your finances this year, or are preparing to file for bankruptcy chances are you will be completing a credit counseling course. Most people are unaware of credit counseling or the benefits they can offer, until required to complete a credit counseling course. Let’s take a deeper look into what  … Read more

This New Year is one for the record books in many ways.  For most people, financial goals are just as common as fitness goals this time of year. However, this year a record number of Americans are facing higher than ever before credit card balances and unpaid medical bills. Fortunately, there are some solutions to  … Read more

Did you know that Americans currently owe nearly $14-trillion in debt? While we can agree that not all debt is bad debt, such as mortgages – which is one marker of the sign of the health of the economy—we can all agree that too much personal debts from credit cards and the like is a  … Read more

Wage garnishment sometimes referred to as garnishment, is a legal action that mandates the deduction of a debtor’s earnings by the garnishee (a third party – usually the debtor’s employer) to resolve and pay up a creditor. Garnishments can be performed on any debt, such as back taxes, consumer debts, child support, unpaid court costs,  … Read more

Many businesses do not succeed and end up in judicial recovery and bankruptcy, which means the end of a company. This can cause problems for those who will retire and depend on documents that prove the time of contribution, for example, of a bankrupt company. To prove affiliation to Social Security, salary and contribution time  … Read more