When considering filing for bankruptcy, it can be confusing to decide which type of bankruptcy filing is best for you. Individual circumstances vary greatly, and consulting the aid of a professional bankruptcy attorney is always the best option. That being said, here are some of the basic differences between Chapter 13 and Chapter 7 bankruptcies.  … Read more

If you filed for a Chapter 13 bankruptcy, this was likely the ideal option for you because of your ability to reorganize debts and get current on your payments. Unfortunately, sometimes things don’t work out as planned, and it’s possible to fall behind on Chapter 13 plan payments just as you fell behind on bills.  … Read more

When you file for a Chapter 13 Texas bankruptcy, there are many legal terms that can be difficult to understand. While a bankruptcy attorney can help you navigate through most of the Texas bankruptcy process, there’s still quite a bit of legal jargon you must understand. One of the most common terms associated with a  … Read more

Filing for a Chapter 13 bankruptcy gives you the opportunity to reorganize your debts and get back on track with your financial life. As long as you practice proper money management after working with a bankruptcy attorney, you can pay back your debt as quickly as possible. However, whether it’s job loss, a personal emergency,  … Read more

The bankruptcy process is one filled with specific guidelines. Not intended to be difficult, these guidelines are in place to protect both the debtor and the system from abuse. Therefore, anyone considering filing for bankruptcy should be aware of some of the potential snags in the process. In a Chapter 13 filing, even small changes  … Read more

Car loans are secured debts, which means the lender has the right to repossess the vehicle if you miss a payment. This can happen in as little as a few days after a single missed payment. If you are experiencing trouble with your finances, filing for bankruptcy can help buy you some time to resolve  … Read more

The decision to file for Chapter 13 is one that can change your life. Securing your financial future in a time of hardship is one of the best ways to protect your home and family. The Chapter 13 process can help you resolve debts, fight foreclosure and obtain financial stability. At A Glance Chapter 13  … Read more

When you think of bankruptcy, you think of financial insolvency. In other words, anyone who chooses bankruptcy probably cannot afford to repay their debts. So the question of whether you can afford bankruptcy really boils down to can you afford not to? Clearing The Air Bankruptcy itself doesn’t cost much. While there are filing fees  … Read more

The Fort Worth bankruptcy process can be intimidating. Often, debtors don’t know which type of bankruptcy is best or whether filing is the best decision for them. Getting to know the process is the first step to making a life changing decision for a stable financial future. The Basics The difference between Chapter 13 and  … Read more

That’s right.  You can file for bankruptcy, and still hold onto your possessions.  Even with Chapter 7, a form of liquidation bankruptcy, it’s possible to keep many essential assets, and quite a few non-essential ones.  However, Chapter 13 – a form of restructuring – is one of the best ways to file for bankruptcy, and  … Read more