Dealing with debt collectors can be stressful beyond measure. For example, collectors may be calling your spouse or other family members. This may not seem legal, but in some cases, it is. Limited contact with family members Texas law restricts the communications debt...
Smith County Bankruptcy Blog
Can you lose your car even if you file for bankruptcy in Texas?
Bankruptcy is a legal process that can help you find relief if you struggle with debt. It can even mean a fresh start. However, many people wonder whether they can lose their car if they file for bankruptcy. Bankruptcy in Texas The average household in Texas owns two...
How filing for bankruptcy can benefit your children
Navigating overwhelming debt as a family can be exhausting. In many cases, bankruptcy can offer a lifeline for parents and their children. While the decision to file may initially seem overwhelming, the potential benefits in Texas are numerous. Financial and emotional...
Chapter 7 versus Chapter 13 bankruptcy
Financial struggles can be overwhelming, and when it comes to seeking relief through bankruptcy, understanding the differences between Chapter 7 and Chapter 13 is important. These two chapters of the United States Bankruptcy Code have distinct purposes and apply to...
4 misconceptions about bankruptcy
Bankruptcy is a financial term that often elicits fear and uncertainty. Many people harbor misconceptions about this legal process, leading them to make uninformed decisions. 1. Bankruptcy means losing everything One prevalent misconception is that filing for...
Can I get my medical debt forgiven in Texas?
If you are feeling overwhelmed by medical debt, you are not alone. It's hard to get answers from insurance companies and doctors and clinics, and when you do get an answer, it often feels like you're being given the run-around. The reality is that medical debt is the...
How much debt do you have to be in to file bankruptcy?
Pressing debt may leave you with few options for how to move forward financially. Mounting bills often leave families deciding between waiting for action from collectors, cutting a deal with creditors or filing for bankruptcy for a fresh start. Be aware that...
Signs that you may benefit from bankruptcy
Money troubles can happen to anyone, but one solution, bankruptcy, might help. Therefore, you should understand the signs that bankruptcy could provide a path that allows you to get out of debt. Too much debt A total of 387,721 individuals and businesses filed for...
What are the benefits of a Chapter 7 bankruptcy?
When you struggle with the burden of debt, you may wonder whether the bankruptcy process could benefit you. Exploring the benefits of Chapter 7 bankruptcy can help you determine whether this process is the right way to achieve debt relief in your situation. Chapter 7...
3 FAQs about Chapter 13 bankruptcy
Dealing with financial hardship is an overwhelming and stressful experience. It is not uncommon for individuals to find themselves drowning in debt, struggling to make ends meet, and facing the constant pressure of creditors. In such challenging times, bankruptcy can...