Some people become so burdened with debt that filing for bankruptcy seems to be the only way back to financial solvency. In your case, you might not shoulder your debt alone. One or more of your friends or relatives may have co-signed your loans or other debts. Having...
Month: August 2022
What is the difference between exempt and non-exempt assets in Chapter 7 bankruptcy?
If you are bracing for Chapter 7 bankruptcy in Texas, you may be wondering how the state classifies exempt and non-exempt assets. Understanding the difference between the two can help you better prepare yourself for bankruptcy proceedings. What do exempt and...
How do you keep yourself from going back into credit card debt?
Credit card debt is one of the most common forms of debt in America. Many people end up falling into it and having to file for bankruptcy to get back out. What can you do to keep yourself from falling into credit card debt after you find your way out of it? Treat your...
Can Chapter 7 bankruptcy release me from my timeshare?
If you are considering filing for Chapter 7 bankruptcy in east Texas and you own a timeshare, you may be wondering where the timeshare will end up in the mix. Timeshares are notoriously tough to relinquish, so it can be helpful to understand how this type of...
