Latest on the Bankruptcy Blog

Debt negotiation takes place in many different ways.  Though the route you probably hear about most often involves talking with creditors in order to come up with an effective solution, you might find other debt management options to be more satisfying for your needs. Options to Consider Seek out the service of a credit counselor.   … Read more

If you’re interested in filing for bankruptcy, you might be aware that you have two main types of bankruptcy available to you.  The first time of bankruptcy is Chapter 7, in which your non-essential assets are seized and sold in order to repay creditors (However, there’s a good chance you won’t have to give up  … Read more

If you’re concerned about having to file for bankruptcy in the future, you might be interested in knowing about credit counseling.  Many people believe that credit counseling is only for those who are going through the bankruptcy process and are ordered by the court to seek out credit counseling services.  However, you don’t have to  … Read more

For many Americans facing foreclosure, the big question is: how do I avoid foreclosure?  Unfortunately, there’s no single, guaranteed method.  However, that doesn’t mean there isn’t an option that will work for you!  Finding what method best suits your situation is something that you will have to determine.  Hiring a financial professional can help you  … Read more

For many college graduates who are struggling to pay student loan debts, it can be disheartening to have to handle this burden throughout the bankruptcy process.  Because student loan debt can’t be easily discharged through bankruptcy, it can seem like making those monthly payments is impossible.  However, don’t give up!  There’s hope for anyone who’s  … Read more

In the past, we’ve covered a lot of the major money management techniques that can help you as you go through the foreclosure process.  From budgeting to planning an emergency fund for the future, we’ve talked about most all of the basics.  However, there are still some lesser-known money management techniques that can help you  … Read more

For many people, the length of the bankruptcy process can be a big concern.  Once you hire a lawyer and begin the paperwork process, you’ll be eager to get in and out of the court system as quickly as possible.  Chapter 7 provides a great haven for those who are struggling financially, but that doesn’t  … Read more

Sadly, many people who are burdened with tax debt don’t know about all of the deductions they might be eligible for.  While you may be going through the tax debt negotiation process this year, be sure you keep track of a few oft-overlooked tax deductions and credits so next year you won’t be facing any  … Read more

In Texas, bankruptcy is becoming a less taboo word with each passing month.  And, while it certainly isn’t a sign of a good economy, it is a sign of hope for those in desperate situations.  Oftentimes, the public eye forgets that bankruptcy isn’t about ducking out on problems.  It’s about finding peace and resolution through  … Read more

If you are in your 20s and considering bankruptcy, it’s quite possible that overbearing student loan debts are a big part of the problem.  Struggling under the weight of student loan debt is no walk in the park.  However, there are a few things you can do to alleviate your situation.  For starters, did you  … Read more