Blog Category: Debt

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

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

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

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

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

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

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

It isn’t always easy to take precautions on the go to avoid our trip from ending up a disaster.  Unexpected occurences on a vacation cannot really be ruled out. Accidents, sickness and thefts are only a few of the many things that could possibly go wrong on a vacation. However, it is highly recommend, that you  … Read more

There are many ways people seek debt relief. Some look for a slow and steady payment plan. Others prefer a consolidation loan. Those that consider more extreme options should be aware. Cashing fund accounts to cover debts can be dangerous. These types of strategies could do more harm than good. Cashing Fund Accounts To Cover  … Read more

Anyone struggling with debt problems knows the stress of making ends meet. Harassing phone calls and threats of foreclosure only make a bad situation worse. You may have heard of the benefits that bankruptcy can bring. In this article, a Houston bankruptcy lawyer answers common debt questions. It is important to learn a little about  … Read more