The prospect of bankruptcy can be daunting for Texas residents who can not manage mounting debt. As a result, many people shy away from this step because they fear it will damage their credit. However, these are three times when declaring bankruptcy may help you...
Month: February 2022
Bankruptcy: An opportunity for you to start fresh
The negative descriptions of bankruptcy you hear often come from people who misunderstand the process. Similarly, people that use bankruptcy the wrong way may have a less-than-ideal outcome and blame their situation on the process. Contrarily, when leveraged...
How can you build a positive credit score after bankruptcy?
Filing for bankruptcy saves people from crippling debt, but it does come with a price. If your credit takes a hit after bankruptcy, you can work to rebuild it. According to Experian, you should aim for a score higher than 670. Choose automatic bill pay when possible...
How do Chapter 7 and Chapter 13 bankruptcies differ?
Once your finances begin to spiral out of control in Texas, it may prove hard to get a handle on them again. If your debts reach a point where you no longer see a reasonable way to pay them off, you may want to think about whether filing for bankruptcy might give you...
