When it comes time to seek help with a debt burden many consumers are often confused by their options. If you are considering filing for bankruptcy it is important to understand the differences in a Chapter 7 and Chapter 13 filing. Comparisons Often thought to be the preferred chapter of bankruptcy, a Chapter 7 bankruptcy … Read more
One of the best perks about bankruptcy is the immediate stop of credit collections. When you file for bankruptcy your creditors are notified and are prohibited from contacting you or making any efforts to collect on the debt. Once your case proceeds with the court and a discharge order is issued, two things will follow: … Read more
As any Fort Worth bankruptcy attorney will tell you, there are a number of bankruptcy myths circulating around the internet and corner street cafes. For those considering filing, it is important to understand what is fact and what is fiction. 1) Everyone Will Know I Filed for Bankruptcy Because of the mainstream media and plethora … Read more
While the majority of bankruptcy law in the United States is governed by federal law, there are certain state related aspects to be considered when filing for bankruptcy. Texas bankruptcy is no different. When filing for bankruptcy in the state of Texas, it is important to understand a few of the rules and regulations that … Read more
Filing for bankruptcy can be a confusing and lengthy process, but thanks to your Dallas bankruptcy attorney it does not have to be. One of the things you will likely want to discuss with your bankruptcy attorney concerns the type of claims you will be filing. What’s the Difference? When you and your lawyer go … Read more
Signed into law in April of 2005, the Bankruptcy Reform Act of 2005 was created in order to reduce the amount of people filing for bankruptcy. The new act has had profound effects on the financial landscape in America, and many of the changes have forever altered the bankruptcy process. Three of the biggest parts … Read more
The single biggest piece of advice a Dallas bankruptcy lawyer will give his or her clients when filing for bankruptcy is this: be honest. Just as it is in any arena of life, honesty is an integral part of the bankruptcy process. In order to avoid additional problems, be clear, precise, and open with all … Read more
When it comes to consumer bankruptcy, there is a considerable amount of confusion among Americans as to what is true and what is false. Bankruptcy myths and rumors spread around the internet like wildfire, and many of these misconceptions need to be debunked and addressed. Here is a look at some of the most common … Read more
There are a number of reasons why you might decide to convert your Chapter 13 Dallas bankruptcy into a Chapter 7 plan. In some cases this decision is made for you by the bankruptcy court in a forced conversion, but there are also circumstances which can result in a conversion becoming the desirable option for … Read more
Many people who have considered filing for Dallas bankruptcy know about the main differences between the two most common types of personal Dallas bankruptcy, Chapter 7 and Chapter 13. There is another fairly common type of Dallas bankruptcy; although it does not have an official chapter number, usually it is referred to by bankruptcy lawyers … Read more