When dealing with debt collectors, it is unfortunately not impossible that one may attempt to overstep the boundaries set by the Fair Debt Collections Practices Act (FDCPA). One of the ways they may attempt to do this is through the use of misrepresentation. But what...
Smith County Bankruptcy Blog
How much of your available credit should you use?
As you probably have noticed, the cost of many essential items has skyrocketed. Indeed, according to the World Economic Forum, you are paying an average of 7.1% more for goods than you were just a couple of years ago. This fact might leave you with little choice but...
What happens to renters who file bankruptcy?
Bankruptcy can be a source of relief and a fresh start for individuals struggling to keep up with overwhelming amounts of debt. Filers receive legal protection from creditors and debt collectors as they work to build a repayment plan that is sustainable for the...
What should you do if you want to pay back your debts?
If you are in debt, you probably prefer to pay it off rather than file for bankruptcy. This is because paying back your debts can help you get back on track with your financial goals. Here are some tips to help you pay off your debts. Pay more money than your monthly...
When can a lender repossess your car?
Even if it is not particularly flashy, your car is probably one of the more valuable things you own. After all, in addition to your vehicle's intrinsic value, your car allows you to go to work and make money. As a result, it undoubtedly is worth more to you than its...
How do you stay out of credit card debt?
Getting out of credit card debt is a very difficult thing to do. Many people will do whatever possible to stay out of it once they manage to get out. But how can a person ensure they never fall back into credit card debt once they have escaped? Change how you view...
Timing of a bankruptcy case
Bankruptcy might help you get your life back on track once you become overburdened with debt. If you were honestly trying to make things work, this program exists to provide some relief. However, honestly trying to make things work can mean different people. To some,...
3 bankruptcy mistakes to avoid
When faced with a difficult financial situation, many people find bankruptcy the best solution. According to the American Bankruptcy Institute, 12,461 Texans filed for Chapter 7 bankruptcy in 2021. If you find yourself ready to file, help ensure a smooth process and...
Benefits of Chapter 13 bankruptcy
When you find yourself in a situation during which you are unable to keep up with debts and other payment obligations, filing for bankruptcy can provide the chance for a fresh start. Chapter 13 is one of the most common forms of bankruptcy, and it is often the...
Keeping your car during chapter 7 bankruptcy
The chapter 7 bankruptcy process is also known as liquidation bankruptcy. This means that you might sell — or liquidate — some of your property to settle your debts. Naturally, you might want to keep some of this property. One example is a car that helps you get...
