Chapter 11 and Chapter 13 are both forms of bankruptcy that deal with debt reorganization.  If you’re earning an income, but it’s not quite enough to pay off all of the burdensome debts you currently carry, debt restructuring through the bankruptcy process is something that could be very valuable for you.  However, individuals filing for  … Read more

When you file for bankruptcy, you shouldn’t have to worry about losing everything you own.  In fact, you might be surprised to learn how many items you can keep!  All kinds of things are covered under laws regarding bankruptcy exemptions.  It’s up to you and your lawyer to figure out what you can claim as  … Read more

Obviously, we’re big believers in sharing our knowledge via this blog with people who are in need of help.  And, while Internet research is great, there are some questions that only your bankruptcy attorney will be able to answer.  The bankruptcy process is not a cut and dry process.  Factors about you and your individual  … Read more

Hopefully, you’ll only go through bankruptcy once.  And, when you do something once, it makes sense that you do it well, right?  One of the fundamentals of “bankruptcy basics” is this simple lesson: hire the right bankruptcy lawyer.  Because we know the industry inside and out, we know that there are more than just a  … Read more

If you’re struggling under the weight of debt and unbearable financial burdens, you might be thinking about filing for bankruptcy.  However, there’s definitely a negative social stigma surrounding the bankruptcy process.  Unfortunately, the people who are responsible for this stigma usually know next to nothing about the pressures of real debt.  Don’t let their ignorance  … Read more

If you’re filing for bankruptcy, you definitely have a lot on your mind.  But, some of the most important questions most people ask revolve around bankruptcy exemptions.  Of course, you want to hang onto as much as you can when you go through the bankruptcy process.  Fortunately, if you’re filing in the Texas bankruptcy courts,  … Read more

For many residents of Texas, bankruptcy is looking like a good option for getting your head above water again.  If you’re suffering undue financial hardships, then bankruptcy is an option you can’t afford to miss out on.  When you go through the Texas bankruptcy process, you’ll get the relief you need to start living again.   … Read more

We answer a lot of questions about filing for bankruptcy, but one of the “bankruptcy basics” we are most frequently asked is this: Can I file for just one kind of debt (e.g. medical, credit card, etc.)?  The answer is, no. Go Big or Go Home When you’re filing for bankruptcy, you’re declaring your debt  … Read more

If you’ve filed for bankruptcy (Chapter 7 or Chapter 13) once in your life, you may think that you’ve used up a lifeline you can’t get back.  However, you’d be wrong.  While no one wants to have to go through the process more than once in their lives, it is possible.  And, if you’ve filed  … Read more

Spending sprees can be considered acts of fraud in the Texas bankruptcy courts, and the success of your filing will be made much more difficult with a spending spree on your record.  However, spending sprees are just the beginning of the problems you could face in court if you don’t practice smart money management. Avoiding  … Read more