If you are harassed daily by bill collectors wanting their pound of flesh and need relief from financial pressure, the US Bankruptcy Code has you covered. Enacted by Congress in order to give individuals a fresh start and clean financial slate, filing bankruptcy has many benefits. One of the best attributes of bankruptcy is the  … Read more

Anyone looking to seek debt relief in bankruptcy will soon learn that the process is much more involved than most people assume. From the seemingly endless questions down to the finite detail of your income, debts, assets and property, it can seem overwhelming. While most people are guided by their Fort Worth bankruptcy lawyer in  … Read more

The decision to file bankruptcy can be a tough decision, and some would say that deciding the right time to file bankruptcy can be even tougher. Filing bankruptcy doesn’t have to be a difficult or painful process however. Because of the long lasting financial and legal implications of filing bankruptcy it’s important to get help  … Read more

When filing for bankruptcy, there are a number of costs that are involved, so we thought it prudent to take a look at all the fees involved to give individuals a concrete number. Since these fees can vary in certain situations, we’ll give an average range of what you can expect. The total cost of  … Read more

When a couple decides to file for bankruptcy together, the attorney they employ must represent both parties at the same time. He cannot do something for one of the Debtors that could hurt the other Debtor. Severing a bankruptcy is a good example of something that has to be agreed on by both of the  … Read more

The vast majority of people in society today believe that if you initiate bankruptcy protection proceedings then you are fully entitled to that protection. That is not however, always the case. There is a chance that the Court hearing your petition for bankruptcy will refuse to grant the protection that is sought and can do  … Read more

There are many steps that need to be taken prior to filing for bankruptcy protection. The very 1st step and without doubt the absolute most important would be to contact a qualified financial adviser and/or a qualified bankruptcy attorney to get the advice and information that you need to move forward. After that is out  … Read more

A common question when talking about possible bankruptcy proceedings is whether or not a co-signer will still be liable for a debt should the primary debt holder be forced to declare bankruptcy. The answer is neither a solid yes or no. The truth is the answer lies somewhere in the middle. First of all, you  … Read more

For individuals that have run into financial difficulties that they are not able to find solutions for it can be devastating for them. Not only do they feel guilty about not being able to meet their debt obligations they are filled with the stress of having to deal with the creditors who are unrelenting in  … Read more

Often one of the most common types of debt that individuals fall into is federal tax debt and it can be crippling for them financially. They are often misled into thinking that they can simply file for bankruptcy and this financial problem will go away. More often than not, this type of debt cannot be  … Read more