bankruptcy blog

The school year is almost over, which means families will be packing up and heading out for a vacation over the next few months. As things heat up this summer let us not forget to keep our spending cool for that vacation. Here are a few tips for keeping our budget under control and avoiding  … Read more

Owning a home is a big investment and, often, your biggest asset. When mortgage debt arises or you have had trouble with foreclosure, you may have some questions about how that is affected by bankruptcy. Here are some brief answers to some of the common questions about mortgages in Houston bankruptcy: How Can I Stop  … Read more

Energy Future Holdings Corp. is the leading electricity operations companies in Texas. After conglomerate found itself in financial turmoil, they decided to file for Chapter 11 reorganization bankruptcy in Texas. Their filing brings with it much discussion as to how the three sub managed companies will play out in the end. Sparking Interest Energy Future  … Read more

Getting to know some important terms in bankruptcy is a good step towards understanding how the process can benefit you. Here are some of the terms you should familiarize yourself with before meeting with your Houston bankruptcy lawyer: Chapter 7 — is a liquidation bankruptcy in which your nonessential, nonexempt assets may be liquidated to  … Read more

As if millions of vehicles recalled in recent weeks wasn’t enough for GM to handle the company is also several lawsuits from car-owners. Alleging that GM knew information about the faulty ignition switches and withheld that information in their 2009 Chapter 11 bankruptcy case , which could grant them immunity from lawsuits since the discharge.  … Read more

While it isn’t the most common reason for someone to fall into financial insolvency and Texas bankruptcy simply due to overspending, the truth is we could all use a little help becoming better money managers. Whether you are making minimum wage or the CEO of a major company, here are a few things you should  … Read more

If you are considering filing for bankruptcy in Houston, there are a few terms you should know to better prepare yourself for the process. Automatic stay — is a legal order that, once issued, prohibits creditors from making collection attempts on your accounts. In other words, once you file for bankruptcy all eligible debt accounts  … Read more

As technology advances so do the skills of con artists. In a time when more and more people are turning for help with their debts, criminals are using the opportunity to prey on unsuspecting victims. A report was released this week detailing a new form of debt collection scam, urging consumers to get educated and  … Read more

As one of only a few Bryan/College Station bankruptcy attorneys, people are always comforted to be able to ask experts about the bankruptcy process. In fact, the more you know about the bankruptcy process the better prepared you are for the road to financial freedom it can provide. Here are some additional questions about bankruptcy:  … Read more

If you are seeking Chapter 7 Texas bankruptcy chances are you are suffering with a financial hardship. Many people assume that they can’t afford the bankruptcy process or a Texas bankruptcy lawyer, but it is more likely you can’t afford not to file. Besides, the costs aren’t what you would expect. Service Fees When you  … Read more