bankruptcy blog

You might be wondering why on earth anyone is talking about Christmas already. Well, considering there is only 92 days left until Christmas you don’t have a lot of time to start saving. So, get to it! Here is how to bump  up your holiday savings and keep yourself out of more credit card debt  … 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

Student loan debt has been in the news recently for several reasons. First, when the national student loan debt surpassed $1 trillion, the country stood aghast at how ridiculous the cost of education had become. When President Obama announced his support of student loan reform and the student loan forgiveness program, the country was divided  … Read more

When debt becomes unmanageable, many debtors file for bankruptcy. While this is often seen as a desperate last resort, filing for bankruptcy can be a very wise financial decision, and in truth does not deserve the stigma that has become attached to it. In addition, there are two forms of bankruptcy – only one of  … Read more

When a person takes out a loan or attempts to establish a line of credit, he or she needs to have a good credit score. Your credit score, which is determined by factors like payment history, amount owed, and the length of your credit history, is one of the determining factors in how lenders will  … Read more

For most people, the thought of checking their credit report is the farthest thing from their mind. Whether you are ignoring your report because of debt problems or you simply don’t think there is a problem, failing to properly monitor your credit report can be a costly mistake. Getting to know your credit report and  … Read more

For the last few years, numerous studies have linked the relationship between medical debt and bankruptcy filings. Just a few short years ago, 62% of personal Texas bankruptcy filings were caused by undue hardship brought on by medical bills. Further, 78% of those who filed for a medical debt discharge actually had health insurance. So  … Read more

Most of us carrying too much credit card debt and a the sense of regret that comes along with it. If you are looking for a way out of your credit card debt, there are several options. The key is knowing which option is best for your financial situation. Snowball Financial guru Dave Ramsay endorses  … Read more

For years the Texas bankruptcy court has ruled on the case and appeals of decisions related to the Anna Nicole Smith case.  Last week, the local and U.S. Supreme Court came together for, what is hoped to be, the last appeal of the case regarding Smith’s late husband J. Howard Marshall. High Profile Case Anna  … Read more

House hunting is an exciting time! Looking for that perfect home for your family can certainly get you caught up in the day dreams of kids playing and pets lounging, but there is a fine line between what you dream of and what you can actually afford. If you are considering buying a house, here  … Read more