Latest on the Bankruptcy Blog

Though many people could strengthen their financial portfolio by filing for bankruptcy, they keep making excuses to avoid the bankruptcy process. Whether it’s unfounded myths or concern over social stigma, many Americans are hesitant when it comes to filing for bankruptcy. However, by working with a Wichita Falls bankruptcy attorney to settle your debts, you’ll  … Read more

When you file for a Chapter 13 Texas bankruptcy, there are many legal terms that can be difficult to understand. While a bankruptcy attorney can help you navigate through most of the Texas bankruptcy process, there’s still quite a bit of legal jargon you must understand. One of the most common terms associated with a  … Read more

If you’re drowning in mortgage debt or uncontrollably behind on your credit card bills, it’s time to put you – not your payments – in charge of your finances. Outside of fixed monthly bills, most Americans don’t have a precise idea of how they spend their paycheck. While this can work on a day-to-day basis,  … Read more

With over 1 million bankruptcy filings in the United States alone, it’s clear that many Americans understand the benefits that the bankruptcy process provides for those buried in debt. While the bankruptcy process does provide relief, it can sometimes further complicate people’s financial lives, especially if they attempt to file for bankruptcy on their own.  … Read more

A recent study published in the Proceedings of the National Academy of Sciences link mathematical abilities (or the lack thereof) to your risk of foreclosure. More specifically, if you lack the average math skills to divide 300 by 2, you’re far more likely to experience mortgage trouble and a foreclosure, according to the study. Five  … Read more

Hostess made headlines in 2012, when it was announced that the historic snack-maker would file for bankruptcy. An American icon, Hostess is perhaps best known for its Twinkies, a cream-filled snack that has been a favorite for generations. But in November 2012, Hostess announced that, due to financial and economic challenges, the company planned to  … Read more