For many people, financial hardships arise through uncontrollable circumstances. Being laid off at work, suffering from a medical condition or losing a spouse in death or divorce can all be factors that lead a person into a debt burden. When the unforeseen strikes, our finances often suffer. Where to Turn Filing for bankruptcy is generally … Read more
When it comes to the world of bankruptcy, the terms, rules, and regulations can be overwhelming for someone without a financial background. Part of the aim of our blog is to break down the walls of the bankruptcy world and provide you with tips, advice, and explanations that demystify bankruptcy. Today, we’d like to direct … Read more
We’ve found that there are an amazing number of people out there who are suffering under debt they know they’ll never be able to repay, yet they never truly consider filing for bankruptcy as a way out of their situation. If you’re one of those people, it’s time to start thinking about bankruptcy, particularly Chapter … Read more
Are you a resident in Texas? Bankruptcy looking like it has a place in your future? Is Chapter 13 – a form of reorganization – out of the question for you? If so, you’re in the right place at the right time. While no one wants to be in a financial situation that ends in … Read more
For many people, the length of the bankruptcy process can be a big concern. Once you hire a lawyer and begin the paperwork process, you’ll be eager to get in and out of the court system as quickly as possible. Chapter 7 provides a great haven for those who are struggling financially, but that doesn’t … Read more
In Texas, bankruptcy is becoming a less taboo word with each passing month. And, while it certainly isn’t a sign of a good economy, it is a sign of hope for those in desperate situations. Oftentimes, the public eye forgets that bankruptcy isn’t about ducking out on problems. It’s about finding peace and resolution through … Read more
If you’re an individual considering bankruptcy, you’re probably thinking about filing for Chapter 13 or Chapter 7. Chapter 13 is a great option for those who have a stable income, would like to retain their assets, and consider their debt to be manageable with the right restructuring. However, for those who have no income and/or … Read more
There are so many different forms of bankruptcy, and it can be difficult to know which type is right for your business, should you be facing a dire situation. While no article can replace the counsel of a professional lawyer, you can do research on your own in order to educate yourself about your options. … Read more
If you are facing the threat of bankruptcy, you want to know everything you can about the process. You probably have a lot of questions in this frightening stage. Which type of bankruptcy should I file? How do I know what is most beneficial for me? Asking these questions now, in preparation, demonstrates maturity. When … Read more
The bankruptcy process isn’t as confusing as most people make it out to be. In fact, the filing can be quite simple when you follow a few guidelines. Bankruptcy, especially a Chapter 7 case, can be straightforward and often results in a debt discharge within 6 months of the filing. The key is getting to … Read more