Latest on the Bankruptcy Blog

Smart money management takes practice to acquire as a skill. While much of the country continues to struggle with adequate financial management, some have capitalized on this niche market by writing books on the subject. Robert Kiyosaki, author of the bestselling book “Rich Dad, Poor Dad” is one such example. However, Kiyosaki has recently found  … Read more

Although the foreclosure crisis is slowing down, there are still many families who are or will soon be still at risk. When it comes to finding a solution to mortgage debt troubles, many lenders have been less than helpful. However, there are still ways to get caught up and save your home. Finding Relief Mortgage  … Read more

It is rare for someone to end up in foreclosure strictly because they got in over their heads in a mortgage, but it does happen. More likely, you bought a house you could afford at the time and your financial situation has changed due to employment or other unforeseeable circumstances. Regardless of how you came  … Read more

Credit troubles, we all dread them and too many of us have them. Dealing with our credit score is rarely a positive experience, mostly because we wait until a problem arises before taking control of it. However, this doesn’t have to be the case. Managing your credit is not as difficult as you may think.  … Read more

The turbulence surrounding American Airlines isn’t just in the air as reports continue to stir about cancellations, delay and stingy contract negotiations. Since their Chapter 11 bankruptcy filing nearly a year ago, American Airlines has had work hard to uphold its wavering reputation. After all of the ill press in recent weeks, some good news  … Read more

When it comes to finding help with the risk of foreclosure, mortgage modification can be a good solution. However, successfully obtaining one from your lender isn’t always easy. Luckily, there are a few things to know that could boost your chances at modifying your mortgage before debt troubles arise. Preparing For Battle The first thing  … Read more

Even though tax season has been over for quite some time, we are already in the fourth quarter for this year. That means that soon we will begin preparing our tax returns for the year 2012, which could be good or bad news depending on your financial situation. Although many people anticipate and receive a  … Read more

Debt collectors are known for their persistent ways when it comes to collecting on debts. They may call you, send letters and even try to find you through friends or employers. While no one likes to deal with creditors, ignoring your debts is the worst thing you could do. Instead of worrying about dodging calls,  … Read more

With interest rates hovering around historical lows, many people are tempted to refinance their mortgage. While refinancing can be a great proactive approach to dealing with mortgage debt, there are some tax considerations. Mortgage Interest Deduction Currently, owning a home allows you to reduce your taxable income by the amount you paid in interest towards  … Read more

Because the bankruptcy process is based on your debt and income levels, changes to these amounts can drastically affect your case. Therefore, it is important that you know and follow a few rules when you file for bankruptcy in Dallas. Money Problems Your income level is one of the main determining factors in how your  … Read more