Blog Category: bankruptcy

Bankruptcy does not have the same stigma that it did around 20 years ago when filing meant a loss of goodwill and it carried a lot of shame with it. In this day and age, it is something that people do with no qualms. Many hard working people have seen multiple bankruptcies in his time. As  … Read more

If you are already facing a bankruptcy, it might be the right time to get your affairs in order and reorganize your financial planning. The fact is that a bankruptcy should not be taken lightly. It is indeed a warning bell to arouse you from your slumber and make you realize that something is terribly  … Read more

People drowning in debt are often plagued by a feeling of desperation. Desperate to avoid calls from credit collectors. Desperate to avoid the pitfalls of missed payments. Desperate to get out of debt. And desperate to stop feeling guilty. The bankruptcy process is complicated, which is why working with a Houston bankruptcy lawyer is crucial to  … Read more

Debunking Bankruptcy Myths: Part 1 is the beginning of a series offering facts about bankruptcy. People often forget that bankruptcy is a legal process, which means that it is complex and full of intricate details. For this reason, most  people know very little about the process or how the laws work in their state. A  … Read more

Whenever an individual decides to take the route of bankruptcy there is a very emotional response to that decision. It can be a very frightening proposition from the outset with a ton of uncertainty. When doing your homework in an effort to determine if that is the right choice for you personally, a factor you  … Read more

They say that everybody has an opinion, and it is usually a negative one, especially when it comes to bankruptcy. To many, going through bankruptcy is deemed as an avoidable failure. You obviously spend too much or fail to plan properly or just live beyond your means. Why else would you have to declare bankruptcy  … Read more

They say everything is bigger in Texas and that may well be true but when it comes to bankruptcies are they different in Texas you may wonder? The answer is…somewhat! While many do not realize that all bankruptcies fall under Federal statutes, meaning that the laws governing a bankruptcy are established at the Federal level  … Read more

There are many among us today who firmly believe that bankruptcy is the absolute worst thing that can happen to an individual and that they will never recover financially, and that it is the end of life as they know it. Others believe that if you do declare bankruptcy your chances of any future success  … Read more

When an individual applies for and receives Chapter 13 bankruptcy protection they essentially promising to make repayment to creditors over a period of time decided on by the court and at a level of repayment that both manageable to the debtor and sufficient enough to ensure that creditors recoup their money. This plan is managed  … Read more

There are some individuals who have reached their senior years that still have substantial debt. Now they are retired they do not have the funds coming in to pay down these debts and this has left them in a serious financial situation. The one thing they do have in their favor is that their home  … Read more