Latest on the Bankruptcy Blog

Student loan debt continues to be an ongoing issue and one that many Texas lawmakers and Texas bankruptcy attorneys have weighed in on heavily. While there have been serious discussions revolving around allowing graduates to include their student loan debt in Chapter 7 and Chapter 13 bankruptcies in Texas, no clear guidelines or legislation has  … Read more

Automobile loans are one of the most common types of loans in the country and for good reason. Most individuals need reliable transportation in order to make a living. One of the major concerns of individuals who file Chapter 7 bankruptcy, is the question of if they will be able to obtain a car loan  … Read more

Texas bankruptcy exemption is designed to allow you to keep certain property such as equity in your home, your automobile, tools of your trade, household furniture, firearms, clothing, and even the family bible. Many individuals ask their bankruptcy attorney in Texas about checking accounts and whether or not the money inside these banking accounts can  … Read more

Trident Lakes, a luxury resort located in just north of Dallas Texas has filed for Chapter 7 Bankruptcy in late July 2018. The 5-star resort isn’t your normal vacation, however, but was initially planned to be able to survive an all-out nuclear war. The resort’s ownership has other issues as well, such as an FBI  … Read more

Perhaps the worst part of medical debt is its ability to strike at any time through an unexpected illness or accident. Medical debt doesn’t pick favorites either; nearly 1 in 4 adults in America has at least one or more chronic health conditions according to the Center for Disease Control and Prevention. Chronic illnesses require  … Read more

We’re all familiar with the term personal loans. They fall into the category of consumer debt and are used for a myriad of applications including household repairs, to pay for educational or medical expenses, or to fund a small business. Also known as signature loans, personal loans are largely based on your credit history and  … Read more

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

One of the greatest attributes of bankruptcy is its ability to help begin a new chapter in your financial life. A large portion of getting back on the right track with your finances is working to improve your credit score. While there are several ways to increase your credit score after filing bankruptcy, many individuals  … Read more

If you live and work in Texas and owe money on your student loan debt, you should be aware that your ability to earn could be in jeopardy. Texas state law, along with 17 other states have statutes on the books that allow licensing organizations to deny your professional license if you fall behind on  … Read more

For Texas business owners considering a Chapter 7 bankruptcy, you may be wondering if you should go ahead and sell off your business assets in order to close out your business prior to filing. This can be a complicated question to answer and one that should be directed towards a Texas bankruptcy attorney before taking  … Read more