Latest on the Bankruptcy Blog

Many eyes have been upon the Kodak photo and film company as they filed for bankruptcy earlier this year. Now, Dallas bankruptcy cases will be met by one of the leading camera companies in Dallas-Fort Worth, Wolf Camera. History Repeating Overseeing nine Dallas-Fort Worth locations, Ritz Camera & Image LLC is a 94 year old  … Read more

Unemployment continues to be a problem and salaries are stagnant. Income issues contribute to personal finance problems, which are easy to spiral out of control. When it comes to debt there are ways to get out, you just need to know your options. Choose Wisely One of the most underutilized resources for debt relief is  … Read more

If you have ever had your wages garnished you know how tricky the process can be, especially if you are working to stop the efforts. Luckily, there are ways to fight wage garnishment and take back control of your income. The first step is understanding how the process works and the difference in garnishment laws  … Read more

With all of the disappointment in the mortgage industry in recent years, some recent reports may just give you a ray of hope. Not only have lenders been ordered to change their tune, many are going above and beyond. A Call To Action As part of the mortgage debt settlement, many lenders are required to  … Read more

Dealing with mortgage debt is a scary time, especially once the threat of foreclosure becomes real. For many families struggling to maintain their house payment and other debts, filing for bankruptcy may be a good solution. Chapter 13 Mortgage debts are best resolved in Chapter 13 bankruptcy. The reason is that mortgages are secured debts,  … Read more

Dallas bankruptcy courts have seen their fair share of families suffering financial hardship at the hands of a struggling economy. While some economists predict recovery is far on the horizon, others are more hopeful as they point towards some promising signs. Predicting The Unpredictable It is hard to say with confidence whether we are truly  … Read more

Housing markets around the country are beginning to show some signs of improvement, whether that be from a reduced number of foreclosures or seeing an actual gain in home values. The Fort Worth foreclosure market is one of several in Texas that is seeing a significant improvement in recent months, a positive sign for the  … Read more

A recent report suggested that credit counseling agencies have seen an increase in consumers seeking services over the last few years. Along with the rise of bankruptcy filers a few years ago, many non-bankruptcy consumers have also sought help with their inflating debt burdens and become smart money managers. Come One, Come All While the  … Read more

Many people filing bankruptcy in Fort Worth ask about which type of bankruptcy is best for them. While either type of bankruptcy is likely to be helpful to those with large debt burdens, they each come with different considerations. Consider This The biggest consideration with Chapter 7 is the qualification standards. Not everyone is eligible  … Read more

While the majority of Dallas bankruptcy cases are not caused by mismanagement of funds, there is still much to be gained by boosting money management skills. The truth is, we could all use a little help with saving money and preparing for a rainy day in finance. Ready and Willing Smart money management can be  … Read more