Filing for bankruptcy is a purposeful process, one that takes both time and effort. With so many details and requirements, debtors often find that they feel unprepared. Knowing a little bit about the process can help eliminate the unnecessary and make the process as smooth as possible. The Petition The first step in filing for  … Read more

Texas bankruptcy laws are quite forgiving compared to some states. One example is the Homestead exemption law that allows for homeowners to protect homes of an unlimited value, whereas other states may place a value cap on which homes can be exempt from liquidation. However, in order to take advantage of some of the more  … Read more

Many people think that the bankruptcy process ends when the gavel comes down and your case officially goes through.  While a verdict is technically the end of the bankruptcy process, in reality it’s just the beginning.  Once you have filed for bankruptcy and had your case approved, you still have a long way to go.   … Read more

Before you dive fully into the bankruptcy process, it’s likely that you’ll have a consultation with a bankruptcy specialist before you begin signing any forms.  This consultation is a critical part of your experience.  After all, it’s during this consultation that you’ll first get the opportunity to ask questions of the people who will be  … Read more

Besides getting your debts discharged, one of the most appealing things about filing for bankruptcy is the promise of collection calls coming to a grinding halt.  Imagine… you can actually go about your day without any worry that a debt collector will be calling and harassing you!  This much-needed break makes filing for bankruptcy sound  … Read more

In the first part of this blog series, we laid out a few of the reasons why transparency is important for those who are filing for bankruptcy.  Because the court system doesn’t look fondly upon those who hide, alter, or offer false information, it’s important to practice complete transparency.  However, those who are serious about  … Read more

While shaking creditors is the most common reason many people enter into the bankruptcy process, filing for bankruptcy can also put a grinding halt to another major financial hardship: foreclosure. Stop Foreclosure on Your Home Most people are surprised to know that they can actually stop the foreclosure process by filing for chapter 13 bankruptcy.   … Read more

As much as we all hate to see someone pushed into filing for bankruptcy, the bankruptcy process can be a good thing for people who are facing some tough decisions.  We decided to write a three part blog series that touches on three of the most common (and practical) reasons for filing for bankruptcy.  Knowing  … Read more

Those who are feeling overwhelmed with debt consider a variety of options for re-gaining control of their finances.  For those who have accumulated an extreme amount of debt, bankruptcy sometimes seems like the best solution.  Before deciding to file for bankruptcy, however, there are many things one should know.  Some of them are specific to  … Read more

One of the great things about the bankruptcy process is the legal help and intervention involved in the process. Legal protection from creditors, help negotiating and resolving debts and the ability to fend of foreclosure or repossession are just some of the benefits found along the way. While much of the process is governed by  … Read more