The bankruptcy process is one of second chances. It was designed to help people out of tough financial times and get them back on their feet. For some people, that could mean needing a third or even fourth chance. Filing Again The bankruptcy code does not restrict anyone from filing for bankruptcy more than once. … Read more
Many people view bankruptcy as a passive process, leaving all the effort and responsibility in the hands of others. The truth is that there are several things you will need to do, and some things to avoid, to ensure you have the best chance at a successful debt discharge. Be honest when filing your petition … Read more
Debt is something most of us carry, and too many of us face hardship over. While some level of debt is actually beneficial for your credit profile, there are limits before it comes detrimental. If you are dealing with overwhelming debts and looking for a way out, here is what you need to know about … Read more
Filing for bankruptcy is a great opportunity for many people to start a better financial future, but there is also a time for waiting and watching. If you believe bankruptcy is in your future, but aren’t sure of when to file, make sure you seek advice and pursue it in the proper timing. When to … Read more
Filing for bankruptcy can be a wonderful opportunity for an individual to put financial troubles in the past and start building for future success. But it is important for you to make sure you contract the services of a capable bankruptcy lawyer to deal with your specific situation and needs. Here is a quick look … Read more
When filing for Dallas bankruptcy, everyone seems to be an expert or guru. But with so many pieces of advice being thrown at you, who do you believe? Well here is a news flash: not everything you hear is true. In fact, a large majority of the information you read on internet message boards or … Read more
In a Chapter 7 Texas bankruptcy, as you may or may not know, a bankruptcy trustee is appointed to oversee the case. This trustee is in charge of impartially collecting all your assets, selling off those which are not secured, and distributing the resulting money to your creditors in the appropriate manner. The bankruptcy trustee … Read more
Coming out of your Chapter 7 bankruptcy, you should feel like you have a clean slate. Most or all of your outstanding debts have been wiped clean and you are ready to get a fresh start, building toward a better financial future. But what happens when a former creditor does not get the memo? Discharge … Read more
When you’re filing for bankruptcy, it’s important to understand the timeline of how the process works. Since filing for bankruptcy provides you with a fresh financial start, it’s vital that you are aware of how long the process takes before you see the benefits. Of course, working with a Fort Worth bankruptcy attorney will ensure … Read more
With over 1 million bankruptcy filings in the United States alone, it’s clear that many Americans understand the benefits that the bankruptcy process provides for those buried in debt. While the bankruptcy process does provide relief, it can sometimes further complicate people’s financial lives, especially if they attempt to file for bankruptcy on their own. … Read more