When you decide to split from your husband or wife in Texas, your financial future may end up looking a whole lot different than you anticipated. You might find that you have little to your name in terms of assets after a divorce, and this can make it quite difficult...
Month: March 2022
How does the automatic stay work?
Once you file your bankruptcy petition, the court issues the automatic stay. As the name suggests, it happens right away as soon as the court gets your paperwork. U.S. News and World Report explains the automatic stay puts a pause on all your debts. It serves an...
3 reasons American families seek bankruptcy relief
If you are like many Americans, you may be struggling with overwhelming debt and overwhelming guilt about falling behind financially. You may feel that filing for bankruptcy would be a sign of personal failure and that you have no good options for moving forward while...
Medical debt and its role in personal bankruptcy
It is no secret. More than any other factor, medical debt remains the top reason people file for bankruptcy. And for some, medical debt has grown into a much greater concern during the COVID-19 pandemic. In a 2019 study released in the pre-pandemic era, researchers...
