Latest on the Bankruptcy Blog

While a lot of people don’t look forward to tax filing time, many students do in the hopes that they’re going to get a nice sized tax return. It can be a great disappointment if their tax refund is seized because their student loans are in default. This can happen if there has been no  … Read more

Each of the states throughout the USA has their own state bankruptcy laws, as a well as, the federal bankruptcy laws that they need to follow. Each state is different. The majority of the bankruptcy laws in Texas that are followed are the federal ones. A good example of this is the exemptions that you  … Read more

All too often it is thought that it is only the young or middle age that run into financial difficulty and have to turn to bankruptcy as a solution for their financial dilemma. This is certainly not the case as many seniors have found that once they reach retirement that they are in serious financial  … Read more

You may be having problems deciding whether to go bankrupt or not. To assist you with this you should seek out a Dallas bankruptcy lawyer who specializes in bankruptcy to help you determine if this is the right form of debt relief for you. When choosing this professional, there are a few things that you  … Read more

When an individual runs into financial difficulty and they are at risk of losing their home they may start to begin to consider short sales. Short sales is where the lender such as the bank or private lenders may give them the option to sell their home at a price that is much lower them  … Read more

When individuals are running into financial difficulties they begin to think of ways that they may be able to avoid going bankrupt. Whether they are able to accomplish this or not will all depend on their financial circumstances. There are a few steps they may be able to take, however these have to be used  … Read more

Most often when individuals are thinking about going bankrupt they are highly concerned about the assets that they own that they may lose through a bankruptcy action. Sometimes they are in such a panic state that they will take steps to protect these assets before their filing. What they may do is attempt to transfer  … Read more

 Just the word bankruptcy alone causes a lot of dread in many people. It causes a lot of negative emotions and for this reason many put off taking advantage of this form of debt relief. There has been so much pressure most likely from the financial situation that it’s really difficult to develop a positive  … Read more

There are a lot of individuals that run into financial difficulties and yet have several different assets. What they don’t have is the cash flow to be able to meet their debt obligations. Many of these individuals have a timeshare which is a partial ownership that may be applicable to a vacation getaway such as  … Read more

There are times where businesses can run into great financial difficulties and have to consider bankruptcy. In these cases it is a Chapter 11 bankruptcy that has to be considered. The Chapter 7 and it Chapter 13 versions of bankruptcy are reserved for those that are in a personal need of debt relief. There are  … Read more