The Dallas bankruptcy process is one that helps thousands of families regain control over their financial lives each year. However, there is a common thread among many filers; they don’t always know how their debts can be managed in bankruptcy. Therefore, it is important to understand the differences in type of debt and how they  … Read more

The bankruptcy process is made up of two main financial aspects, your debts and assets. While you may be worried about the risk of losing assets in bankruptcy, you may be surprised to learn that a lot of their significance has to do with determining the level of help you need. When it comes to  … Read more

The bankruptcy process is highly controlled for many reasons, one of which is to help protect your privacy and information. Although your bankruptcy filing is legally accessible through public record, there really is only one threat to your privacy: identify theft. But before you get concerned, it is important to know that identity theft is  … Read more

As 2012 draws to a close in a few short weeks, bankruptcy statistics are showing some interesting signs of economic promise. According to recent data, filing numbers have continued to decrease over the last 10 months; good news for consumers, and bad news for some businesses. Both Sides Of The Coin For consumers, a drop  … Read more

Life changing? Saving grace? Fresh start? While you may not think these are phrases commonly associated with the bankruptcy process, the truth is that many people have used them to describe their experience with bankruptcy. In fact, one of the most common themes of bankruptcy testimonials is the new lease on life after debts are  … Read more

Many people seeking bankruptcy undergo changes to their income or debt levels during their case. While this isn’t typically a problem it could result in a bankruptcy conversion, meaning switching to a different type of bankruptcy proceeding. In personal bankruptcy, there are two types of conversions: voluntary and involuntary. Voluntary A voluntary conversion occurs when  … Read more

Bankruptcy is a tool for debt relief. However, that doesn’t mean you get to sit back and watch your debts be erased. In order to have a successful bankruptcy case, you need to get involved. Here is how: Consult an attorney — A Fort Worth bankruptcy attorney’s office should be your first stop in your  … Read more

When looking into filing Chapter 7 bankruptcy, there is one big hurdle you must overcome: an income restriction. The bankruptcy laws now require for anyone filing Chapter 7 to meet strict income requirements in order to be eligible. Here is what you need to know: First, the way you qualify is based on a “means  … Read more

Although many people have heard the word “fraud”, most people could not tell you what actions would be considered fraudulent. When it comes to the bankruptcy process, fraudulent actions may occur when you least suspect it. In fact, it isn’t uncommon for honest people to commit an act of bankruptcy fraud simply because they don’t  … Read more

Many people shy away from the benefits of bankruptcy because they feel ashamed of their financial situation. Besides the fact that most people end up in need of bankruptcy due to unexpected hardships, bankruptcy is intended for good. However, needing help to regain control over your finances can sting, but it certainly doesn’t make you  … Read more