Blog Category: Filing bankruptcy

Once you become involved in a Texas bankruptcy there is much that you are going to learn. While it may be stressful for you at the time, try to keep your eye on the end goal which is being more financially stable once your bankruptcy has been concluded. One of the things that you’re going  … Read more

Going bankrupt can be a good financial decision on your part. Many individuals have used this form of debt relief to help them get back on their financial feet and give them a fresh start. It can be a complex area of law and you should use the services of a Houston bankruptcy lawyer to  … Read more

There are many individuals that are in the military that have run into financial difficulty. This can be very difficult especially if they are stationed away from home. There can be several reasons for this. Perhaps their finances were precarious when they joined the military, or extra expenses have accumulated while they have been away  … Read more

Most people that are filing for bankruptcy are honest individuals that have run into financial difficulty and have no way of rectifying this situation. Then there are some who try to exploit the bankruptcy laws by committing Bankruptcy fraud. Risky Business This can be done in several different ways. Some people try to hide assets  … Read more

When you are filing for bankruptcy in Texas some of your property may be protected from those that that you owe money to. This property is listed on an exemption list. In Texas you have the choice of either using the federal exemptions or the State bankruptcy exemptions. What you want to be sure of  … Read more

Some people run into finance problems even after they have gone bankrupt. They then question whether they are allowed to file for bankruptcy a second time. What has to be realized is that there are time limits for bankruptcies, but these apply to bankruptcy discharges and not bankruptcy filings. According to the law you can  … Read more

When it comes to filing for bankruptcy in the US it doesn’t matter whether it is a Chapter 7 or Chapter 13 bankruptcy, there are many forms that must be filled out for the bankruptcy procedure. It is most important that you know which forms you must complete and how to complete them so that  … Read more

Many individuals filing for bankruptcy assume that they can have a choice between either a Chapter 7 or Chapter 13 bankruptcy. Both of these have specific criteria that must be met in order to qualify. This determines which bankruptcy you will be eligible for. Chapter Considerations In a Chapter 7 bankruptcy it is usually a  … Read more

It is not uncommon for individuals who are so debt ridden to lose track of some of their creditors. When the financial situation gets really rough many debtors tend to try and hide from the bill collectors.  For this reason some will hold off filing for bankruptcy because they are afraid of making an error  … Read more

Everyone has a different amount of financial debt and it is their particular circumstances that determine if they are in need of bankruptcy relief. For some individuals the total amount owed may not seem that big, but compared to their sources of income for paying the debt it just isn’t possible to meet the payments.  … Read more