Blog Category: Filing bankruptcy

If you are one of the millions of Americans who feel financially distressed and eventually decide enough is enough, bankruptcy can be a good way to start fresh and put the past behind you. However, haphazardly approaching the process can leave you in worse shape than when you started. Let’s take a look at some  … Read more

Bankruptcy, which long had a social stigma, has finally begun to be recognized as a legitimate way for an unlucky businessman or woman to protect what little assets they have left and start with a clean slate. It is a boon for borrowers who would otherwise suffer at the hands of their creditors for an  … Read more

Filing for chapter 7 bankruptcy requires several things, one of which is a good Texas bankruptcy attorney to guide you through the process. But, even when you have someone lined up, it’s a good idea to know which pitfalls to keep away from while you’re planning your next moves. Here are some common traps that  … Read more

Filing for either chapter 7 or chapter 13 bankruptcies is a stressful and, sometimes, overwhelming process. Therefore, it’s a good idea to know just what you’re up against before you get started. And, while it may seem hypocritical to spend more money when you are already so far in debt, there are some fees that  … Read more

Bankruptcy is hard on anyone, but is much more difficult when disabilities are involved. The rates of several disability types have risen drastically; in recent years, the prevalence of autism has gone from 1 in 150 births to 1 in 68, according to the CDC. Bankrupt parents often worry about how their new financial situation  … Read more

Debt can be a crippling burden. It seems to grow slowly and inexorably, and then suddenly it has grown too large to be dealt with. Debt collectors become a constant presence, unceasingly asking for and taking the money that the debtor can’t afford to pay. In these cases, when it seems that the debt will  … Read more

The idea of filing for bankruptcy can be scary, especially when your home or business is at stake. So is it really as bad as it seems? Texas bankruptcy attorneys don’t think so. There are definite pros to filing bankruptcy over attempting to keep yourself afloat longer than you should. Here are three important reasons  … Read more

As the economy continues to struggle, more people are turning to Texas bankruptcy. Many bankrupts have families, so they must explain the definition and consequences of bankruptcy to their children. If you and your spouse have decided to file, here are some things to say and do that will help make the process easier for  … Read more

One thing people often fear when they think of filing for bankruptcy is the fate of their assets. Too many people make the mistake of attempting to hide or sell assets prior to their filing, leaving them at risk of a case dismissal or even suspicions of fraud. Asset Transfers The transfer or sale of  … Read more

Hiring a Bryan bankruptcy lawyer is not legally required for individuals filing bankruptcy, but there are pros and cons to proceeding in the legal process without the aid of an expert in the field. While hiring a lawyer can incur a higher cost, the long-term benefits are worthwhile. The big picture shows that individuals who  … Read more