Perhaps the worst part of medical debt is its ability to strike at any time through an unexpected illness or accident. Medical debt doesn’t pick favorites either; nearly 1 in 4 adults in America has at least one or more chronic health conditions according to the Center for Disease Control and Prevention. Chronic illnesses require … Read more
We’re all familiar with the term personal loans. They fall into the category of consumer debt and are used for a myriad of applications including household repairs, to pay for educational or medical expenses, or to fund a small business. Also known as signature loans, personal loans are largely based on your credit history and … Read more
If you are harassed daily by bill collectors wanting their pound of flesh and need relief from financial pressure, the US Bankruptcy Code has you covered. Enacted by Congress in order to give individuals a fresh start and clean financial slate, filing bankruptcy has many benefits. One of the best attributes of bankruptcy is the … Read more
One of the greatest attributes of bankruptcy is its ability to help begin a new chapter in your financial life. A large portion of getting back on the right track with your finances is working to improve your credit score. While there are several ways to increase your credit score after filing bankruptcy, many individuals … Read more
If you live and work in Texas and owe money on your student loan debt, you should be aware that your ability to earn could be in jeopardy. Texas state law, along with 17 other states have statutes on the books that allow licensing organizations to deny your professional license if you fall behind on … Read more
For Texas business owners considering a Chapter 7 bankruptcy, you may be wondering if you should go ahead and sell off your business assets in order to close out your business prior to filing. This can be a complicated question to answer and one that should be directed towards a Texas bankruptcy attorney before taking … Read more
The internet is rife with unsolicited legal advice on how to file bankruptcy yourself. Often referred to as a DIY bankruptcy, there are over 34,000 YouTube results alone instructing individuals on “how to file bankruptcy without a bankruptcy lawyer”. The truth of the matter is that if you have anything to lose, you should hire … Read more
There are numerous times when individuals who own few assets or even none at all fall into deep debt. In fact, nearly all Chapter 7 bankruptcy cases filed in the US fall into this category. Referred to as “no-asset bankruptcy”, these Chapter 7 cases refer to a debt who owns no property that isn’t covered … Read more