bankruptcy blog

Not very many people want to embrace the thought of going bankrupt. In fact it is something that is often mulled over for several weeks or even months before the decision to do so is made. In many cases the putting off of the bankruptcy exists until an individual has reached a point where the  … Read more

At first some individuals don’t like the fact that they can only qualify for the Chapter 13 Bankruptcy. However, once it is all put into place and they feel the relief that it can bring, they are happy with the choice they made to go bankrupt. Under the Chapter 14 bankruptcy you will be making  … Read more

Most people believe that they would prefer to go with a Chapter 7 bankruptcy mostly because it gets things done and over with much faster that a Chapter 13. What they don’t realize is that they may be able to hold onto a lot more of their assets under the chapter 13. In either bankruptcy  … Read more

It seems ironic that people who are going bankrupt under the Chapter 7 Bankruptcy that in order to do so have to come up with a fee to file for bankruptcy. If you have hired a Houston bankruptcy attorney he will explain to you that you may be able to file for a fee waiver.  … Read more

As with the Chapter 7 bankruptcy the bankruptcy case trustee will review all of the documents you have filed. Your bankruptcy attorney in Houston will assist you with the preparation and filing of the proper documents. This ensures that they are filled out without errors and in the proper format. Otherwise your bankruptcy case can  … Read more

The most common forms of bankruptcy in the US is Chapter 7 or Chapter 13. In either one of these there will a bankruptcy case trustee appointed to your case. It is this individual’s responsibility to review your bankruptcy filing. It must be determined that there is no fraud being attempted, and that there is  … Read more

One of the most common reasons that people end up filing for bankruptcy is because they have been hit with some huge medical bills that they just have no way of being able to pay. They then proceed with bankruptcy relief and it is determined if they qualify for a chapter 13 bankruptcy. Types of  … Read more

Chapter 13 bankruptcy deals with debt differently than the chapter 7 bankruptcy does. With a chapter 13 bankruptcy your debts and payments of them are reorganized into a payment plan. This plan usually runs for a period of 3 to 5 years. When it comes to your credit card debt, the bankruptcy courts will decide  … Read more

After your bankruptcy has been completed, you can get some good tips from your Houston bankruptcy lawyer on how to re-establish your credit for the future. Your first thought is you never want to go into debt again and this is a wise way of thinking. However, there may be times that arise that you will need  … Read more

One of the leading causes of debt for many people is their credit card debt. Most individuals start off with obtaining a credit card so they can establish their credit. More often than not it ends up in a short period of time where the card gets maxed out, and the individual proceeds to get  … Read more