Latest on the Bankruptcy Blog

Managing your money is an everyday task. Our parents always tried to teach us how to save money and the importance of starting your retirement fund early. Effectively managing your money takes an intentional effort on your part. As a young adult we tend to think we have plenty of time to start budgeting our  … Read more

It is fairly common to see people taking out personal loans for extra cash when money is tight. They seem like a fair deal that can provide quick and easy cash when you need it the most. When faced with debt many people get caught up in these  loans that are, all too often, full  … Read more

It seems as though every newscast is packed full of grumpy reports about the economy. It is no secret that the United States has been working its way through one of the worst economic times in over 50 years. National and consumer debt has gotten out of control and our major industries are wavering. Although  … Read more

The cost of a college education becomes more expensive each year. Many students would not be eligible to attend  a college or university if it wasn’t for student aid programs. The majority  of college graduates have thousands of dollars in student loan debt upon graduation and many are struggling to repay these loans. Few students  … Read more

After much disappointment and bad news over the housing market, it seems as though we may have something good on the horizon. A statement issued by The Department of Housing and Urban Development predicts that the price of homes should begin to rise in the next few months. Of course, this news comes in the  … Read more

Filing for bankruptcy can be a confusing process full of many terms and words you may not have heard before. Preparation is always important when it comes to making big decisions, especially when the decisions are about your money. Understanding some of the more common terms can make the process of filing for bankruptcy much  … Read more

Filing for bankruptcy comes with it’s share of fears.Debt, foreclosure and Laws afford everyone the right to privacy. Bankruptcy is no different. The problem with privacy in bankruptcy has little do to with public record, but the issue of protecting your information from full visibility. There are laws that require your personally identifiable information to  … Read more

Filing for bankruptcy does affect your credit. A bankruptcy can stay on your credit report for up to 7 years. This does not mean that you will have to wait 7 years to obtain credit again, or that you will be suffering from credit damage after bankruptcy. Many credit companies are willing to provide people  … Read more

Did you know that Texas has some bankruptcy laws that are unique to Texas? Do you know how Texas is different in terms of the bankruptcy exemptions it offers?  Most people have no idea that states differ in terms of the way the handle bankruptcy. Each state has variations of bankruptcy law and states may  … Read more