The best thing about a Chapter 7 bankruptcy is that you have the ability to eliminate certain types of unsecured debts that may be holding you back, such as unpaid medical bills and other debts such as personal loans that are unsecured and even credit card debt. If the court rules in your favor and  … Read more

Most often when individuals are filing for bankruptcy they soon become confused as to which chapter they should choose. Really what it comes down to is what chapter do they qualify for and this is going to be determined by the criteria that are set for these forms of bankruptcy relief. Usually individuals that qualify  … Read more

 Most people view bankruptcy as a last resort whether it is on a personal level or a business level. They do not look at it as being a beneficial way to assist their business. They view it as a way of perhaps satisfying their debts so that they are not held responsible and can close  … Read more

There has been a lot of talk that the chapter 7 bankruptcy laws have been tightened up so much that nobody can qualify anymore. This is not true, but in order to avoid delays and many potential problems using a Dallas bankruptcy attorney is the better route to go. In this process many if not  … Read more

Staring down the tunnel of debt and declaring chapter 7 bankruptcy is absolutely overwhelming at times. As a result, many people try to lessen the blow by cashing in their retirement funds or other forms of investments. There is a common belief that bankruptcy may be held off by dipping into invested funds early and  … Read more

Bad idea! There are many reasons it’s better to gain the assistance of a Wichita Falls bankruptcy lawyer than trying to make the claim on your own. It may seem after a few internet searches that it isn’t necessary to obtain the help of a bankruptcy lawyer while filing for Chapter 7, but this couldn’t  … Read more

If you have recently been awarded a lawsuit settlement fund or inherited money you may be wondering how it will affect your Dallas bankruptcy case. The laws about keeping or losing these funds differs between a chapter 7 and chapter 13 bankruptcy. If you are considering or already in a chapter 7 bankruptcy here is  … Read more

If you have been on the unfortunate end of financial hardship that lead to a Chapter 7 bankruptcy you might be wondering if you will ever be able to own a home again. The short answer is, yes. However, there are some considerations to be made about borrowing again in the future. Owning Again If  … Read more

Chapter 7 Dallas bankruptcy is a powerful tool in the fight against debt. Many debtors have been able to use Chapter 7 to get a new start on their financial lives, relieving themselves of the burden of huge debt and starting anew. Here we have a quick rundown of some of the main benefits and  … Read more

Under Chapter 7 Texas bankruptcy rules, the bankruptcy trustee is able to seize your automobile and sell it to cover your debts if it is worth more than the value of the exemptions you are able to place on it. Depending on the value of your car and the exemption amount, this could be bad  … Read more