bankruptcy blog

In most cases many individuals that are going bankrupt rely on every penny that is coming into them. More often than not, there is more money going out than what is coming in, and this is what is leading them into a bankruptcy action to begin with.   In some cases individuals are waiting for  … Read more

One of the important factors that you’re going to find out about when you have decided to go ahead with the bankruptcy petition is that there are many different forms that have to be filled out. You also have to realize that the bankruptcy laws are different for each state so it is important that  … Read more

You are going to find that when you file for your Chapter 7 bankruptcy that there are going to be some fees involved. These are often distressing for many individuals that are going bankrupt because they are so tight financially to begin with. There are some options when paying the filing fees such as being  … Read more

Many individuals in financial distress come to the conclusion that they need to file for bankruptcy. They will often consider attempting to do their bankruptcy action on their own without the help of professional services. Some of the reasons for wanting to do this are because they feel they can’t afford the bankruptcy filing fees  … Read more

Financial difficulties create a great deal of stress and individuals who find themselves in this situation don’t know where to turn to. One of the best solutions when there are no other options is to file for bankruptcy with the help of a qualified Attorney. One of the concerns is that an individual’s wages may  … Read more

As an individual that has run into dire financial difficulties and also being a homeowner naturally your first concern is going to be what is going to happen to your home. You may be on the brink where foreclosure is going to take place and you are trying to decide whether you should go bankrupt  … Read more

A lot of people who find themselves in a tough financial situation often ask themselves the question how did they get this way? It is something that can happen easily especially when the finances are not being tracked properly. There are very few families that that don’t have some level of debt. Some are much  … Read more

There are a lot of different reasons why individuals end up having to file for bankruptcy. It could be that they have lost their job and are not able to meet their financial obligations. It may be that they have been hit with unforeseen debt such as medical debt. It can even be because some  … Read more

Many people don’t realize that bankruptcies are conducted differently according to the various states. There are federal laws that pertain to bankruptcy as well as state laws. It is important that the individual that is thinking of using this form of debt relief understand what the exemptions may be. Texas Specific Exemptions For those that  … Read more

When individuals run into financial difficulty they sometimes panic and make decisions that are not in their best interest. Most often credit card debt or even medical debt can be mounting and there just isn’t enough money from one paycheck to the next after the bills have been paid to get through. What will happen  … Read more