You’re probably aware that your credit score is an assessment of the risk in making a loan to you. This score is based on your ability to repay debt. But what happens when you marry someone with bad credit or whose credit begins to fall after marriage? How your spouse’s bad credit can affect you … Read more
Serious debt can come on at a moment’s notice or you may have waited too long to files until your debt situation was more serious. On either occasion, it may become necessary to streamline a bankruptcy and file as an emergency. File a Bankruptcy Petition While filing a bankruptcy petition is simple, it’s not easy, … Read more
Anyone who has successfully made it through a Texas bankruptcy or credit counseling knows that a budget is absolutely essential to eliminating and avoiding debilitating debt. Keeping a budget can be extremely difficult for many people, but luckily, there are many new and not-so-new software applications that can assist you in keeping track of your … Read more
Student loan debt is extremely difficult to wipe out in bankruptcy, even for an experienced Dallas bankruptcy attorney. Even though student loan debt is technically unsecured, non-priority debt (the kind that gets eliminated in bankruptcy), borrowers must demonstrate an “undue hardship” which is an exceedingly high bar to reach. Borrowers, bankruptcy judges, and bankruptcy lawyers … Read more