Smith County Bankruptcy Blog

If you are struggling to pay your monthly bills, you certainly are not alone. In fact, the average Michigander has more than $40,000 in outstanding debt. Filing for bankruptcy protection is often an effective way to secure a better financial future. If you are...

Bankruptcy and divorce are two of the most emotionally charged events Texas residents ever face. If it looks like they are both on the horizon, there are steps you can take that help each process go as smoothly as possible. We often represent clients starting the...

Chapter 7 bankruptcy is famously known as a liquidation bankruptcy. This means that, in some cases, it is possible for you to lose your home if you file Chapter 7. Many people resist filing for a Chapter 7 bankruptcy since they, understandably, wish to retain...

Bankruptcy often gets a bad reputation as a way to ruin your credit and finances, but there are many positive things about filing. In fact, you are likely to find that when you are in a bad financial situation, filing bankruptcy is a beneficial move.  According to the...

Some people facing bankruptcy opt for filing Chapter 7, but others prefer Chapter 13. A Chapter 13 bankruptcy features a monthly payment plan that enables you to keep your home and other possessions. Does this sound interesting? Why you should consider Chapter 13...

When it comes to personal bankruptcy, people from many different walks of life find themselves facing serious financial challenges and make the decision to address their debts through Chapter 7 or Chapter 13. If you are thinking about bankruptcy, it is important to...

Bankruptcy is not a word we take lightly. But, it can offer those that need it a fresh financial start. However, while bankruptcy filings are down for the year, experts warn that Texas courts could become overwhelmed by a bankruptcy tsunami soon. Bankruptcies, by the...

There can be times when a person falls into financial hardship. Many times, this financial turmoil cannot be avoided. A medical emergency, a lost job, or any other unexpected event can be enough to drain a person’s life savings. Declaring bankruptcy can be a way for a...

Chapter 7 bankruptcy, though its intention is to give the filer a fresh start, can often feel like someone has hit the “failure” button on your life.  When you’ve worked as hard as you could to fix things on your own, but are simply unable to make ends meet, feelings...

Many people in and around Tyler wind up looking at bankruptcy as a means of debt relief. While oftentimes this is because of a job loss, a medical emergency or another sort of financial crisis, in many other cases, it is because a Texan decided to try her hand at a...