Latest on the Bankruptcy Blog

After a rough few years in the foreclosure crisis, we are finally beginning to see an improvement in the real estate market. While we still have a long way to go to a full recovery, there are some positive indications that people are once again looking to buy and that lenders are getting back into  … Read more

The bankruptcy process is not intended to be scary. In fact, it was designed with the debtor in mind. However, there are some things to be considered before choosing to file for bankruptcy; but a little knowledge can go a long way. Chapter 7 vs. Chapter 13 Many people seeking bankruptcy relief often view Chapter  … Read more

Credit card “swipe fees” have been plaguing merchants for quite some time, each card carrying a range of fees from 1.5 to 3.5 percent. For merchants, these fees drastically cut into profitability, ultimately leading to increasing their prices to customers; it becomes a vicious cycle. As a result, a legal battle has ensued in efforts  … Read more

Many people seeking bankruptcy feel overwhelmed and confused by the process. While filing for bankruptcy isn’t intended to be difficult, the very nature of the process can be for the untrained person. Meeting with a Dallas bankruptcy attorney prior to filing is essential to the successful outcome of your case, here is why: Case review  … Read more

Many people are in over their heads with debt, and many more will make big mistakes when it comes to debt relief. While you may not have to file for bankruptcy or seek the help of a professional to get out of your debts, there are a few things to avoid in your quest for  … Read more

The Fort Worth bankruptcy process can be intimidating. Often, debtors don’t know which type of bankruptcy is best or whether filing is the best decision for them. Getting to know the process is the first step to making a life changing decision for a stable financial future. The Basics The difference between Chapter 13 and  … Read more

Although a short sale may indicate tough times for the seller, avoiding foreclosure is generally a positive thing. For buyers, short sales mean big savings and a great deal on a home. However, there are some things to consider before taking the leap into the short sale market. Know This Short sales are known for  … Read more

In today’s economy, many families are struggling to maintain their mortgages and stay out of foreclosure. When it comes to saving your home there are several options to choose from. However, not all may be the best for your current financial situation. Refinancing With interest rates hovering at record lows many people have been offered  … Read more

There is a range of income and debt levels in Dallas bankruptcy cases. In fact, no two bankruptcy cases are alike. This is because each person’s financial situation is different. Luckily, filing for bankruptcy can offer protection for just about any level of debt. Considerations The most influential factor in a bankruptcy case is your  … Read more

These days it isn’t just the middle class or those working two jobs trying to stay afloat that suffer with mortgage debt and the risk of foreclosures; but even the rich are falling victim to a struggling market.  In fact, foreclosure activity rose by nearly 500% for $1+ million homes between 2007 and 2011, compared  … Read more