Latest on the Bankruptcy Blog

The bankruptcy process has many features that can greatly benefit those in financial hardship. When debts become unmanageable, many people have successfully resolved their debts through bankruptcy. In fact, one of the most sought after benefits of bankruptcy is its ability to stop or prevent a foreclosure on a home. While filing for bankruptcy can  … Read more

These days you can’t be too careful when it comes to protecting yourself against scams. We don’t just have to worry about credit scams or identity theft, but we also have to worry about mortgage or foreclosure fraud scams. With so  many people desperately seeking mortgage debt relief, new scams have been popping up around  … Read more

Creditors. We all have them, we all dread dealing with them. When you are having trouble with your debt payments, the last thing you feel like doing is arguing with your credit card company. However, securing a debt resolution plan does not have to be difficult. In fact, credit negotiations are not as stressful as  … Read more

As the economy has continued to challenge us more each year, many people have been faced with some hard truths. Personal debt burdens have reached all time highs, people are losing their homes to foreclosure more than ever before and much of this has been reflected in bankruptcy filing patterns over the last decade. Ups  … Read more

Just a few years ago a short sale was something very few had heard of and even less actually agreed to pursue. The mortgage debt crisis has forced our hand on many occasions in the past few years making us more likely to consider options we would have once rejected. Even as foreclosures hit all  … Read more

One of the misconceptions associated with filing for bankruptcy is the stigma associated with the process. Many people fear the bankruptcy process because of rumors associated with the process. While the process may reflect on your financial standing, it doesn’t reflect on you as a person. It certainly does not have to interfere with your  … Read more

As the 2011 tax season approaches, many of us are beginning to worry about how much we might owe the IRS. Tax debts are common and many people may not be aware that they will owe taxes at the end of the year. For those experiencing financial hardships, tax debt can result in serious financial  … Read more

As of January 1st, several new laws went into effect across Texas that could significantly improve the lives of residents. From voting to veterans, Texas lawmakers have enacted several bills aimed at better protecting our state citizens as well as improving the efficiency of state matters. To Name A Few House Bill 1228: One of  … Read more

As part of several bills, Texas passed several new laws that began January 1st of this New Year. Covering everything from voting to veterans, the new laws are hoped to provide many Texas residents some relief in the coming year. Foreclosure Help Although Texas hasn’t been on the hardest hit by the foreclosure crisis, it  … Read more

Having entered their bankruptcy filing just prior to the end of the year, American Airlines will continue to carry much focus in the New Year. The airline bankruptcy has struck fear in the hearts of consumers and employees alike, while economists wait to see how the bankruptcy case will affect local markets. New Year, New  … Read more