Getting a job after filing for bankruptcy might sound like a daunting task. However, you can rest assured that you’re certainly not the first professional to file for bankruptcy and reenter the workforce. Here are a few ways you can get take on the challenge with confidence… Getting Hired! Let’s face the facts. After your … Read more
If you’re filing for bankruptcy, and have already dealt with the credit counselor or other form of financial counseling, you may be in the market for a bankruptcy lawyer. It’s important to understand what a lawyer of this type can do for you. This post will go over some basic things you can expect every … Read more
People looking for debt relief often turn to the bankruptcy process. While the system is designed to relieve financial insolvency, some people end up worse off or without the help they are looking for due to some costly mistakes. Here are some of the most common bankruptcy mistakes: Filing alone— many people often assume they … Read more
While the bankruptcy process in any state is governed by the U.S. Bankruptcy code, there are important differences that could influence a case filing in Texas. Eligibility Anyone filing for bankruptcy must pass a means test in order to qualify for a Chapter 7 filing. The difference in Texas bankruptcy cases is simply the median … Read more
Did you know that not all bankruptcy cases are voluntary? It’s true; there are laws that allow for a person to enter bankruptcy involuntarily. Although rare it is possible, but choosing bankruptcy can actually work for you rather than against you. Petitioning The Court An involuntary bankruptcy occurs when a person’s creditors ban together to … Read more
When it comes to deciding which type of bankruptcy to file, many people take into consideration the timeline for concluding the case. Although not everyone qualifies for Chapter 7, one of the perks often associated with this type of bankruptcy is the shorter time to debt resolution. However, it is important to note that there … Read more
People who are considering filing for bankruptcy may or may not be aware of who all is going to be involved in the case. For many, the term “bankruptcy trustee” has never been heard and their role is completely unknown. While the trustee is a key player in your bankruptcy case, getting to know a … Read more
One of the biggest perks to the bankruptcy process is the protection from creditors. While most people filing for bankruptcy get to enjoy this peace and quiet from collection efforts, there are some instances in which bankruptcy cannot keep creditors away during your case. Exceptions To The Rule The automatic stay is a powerful bankruptcy … Read more
Anyone filing for bankruptcy knows that the process can be tricky. Depending on which type of bankruptcy case you file, your case can take anywhere between 6 months and 5 years. While there isn’t much you can do about the overall length of your case, you can speed up your filing time to get on … Read more
When it comes to filing for bankruptcy, many people assume they have little to do in the process. Actually, it is the opposite and the debtor is required to complete many actions. Knowing what to expect ahead of time can minimize mistakes and make the Dallas bankruptcy process a smooth one. Helpful Hints One of … Read more