bankruptcy blog

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

You may have heard that since the changing of the Bankruptcy  Code in 2005 that student loans are no  longer  eligible for a debt discharge. This statement, as it reads, is false. While it is true that having a student loan debt discharge can be difficult, it is certainly not impossible. Here is what you  … Read more

With so much involved in making a bankruptcy claim, it is concerning that an IRS audit may be possible during or after filing for either Chapter 7 or Chapter 13 bankruptcy. But does it make a debtor more likely to be audited if they file a claim for bankruptcy? A Bryan/College Station bankruptcy lawyer 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

After filing for Texas bankruptcy, you can experience a flood of emotions. You will likely feel relieved to have debts removed, but may also battle anger or sadness. Furthermore, these are only a few of the feelings that may bankrupt you emotionally. Below are five ways to cope with the emotional toll of bankruptcy: Choose  … Read more