Chapter 13 bankruptcy cases rest largely on the creation and completion of repayment plans. Due to any number of factors, you may find yourself struggling financially, despite having a regular income. To achieve a fresh start, like others, you have likely considered...
Chapter 13 Bankruptcy
How are Chapter 7 and Chapter 13 bankruptcy different?
If you are facing overwhelming debt, filing for personal bankruptcy may help you and your family to get the fresh financial start you need. In addition to putting a stop to harassing creditor calls, filing may help you to reduce or eliminate unsecured debt, prevent...
Three times when bankruptcy may make sense.
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...
How may bankruptcy affect my employment and future job prospects?
Federal laws protect your right to remain in your current position regardless of your financial status. As noted by the Society for Human Resource Management, the U.S. Bankruptcy Code's section 525(b) prohibits private employers from firing or discriminating against...
3 myths about filing for personal bankruptcy
If you are like many Americans, you may view bankruptcy as an absolute last resort. From feelings of personal failure to anxiety over losing your home or car, fear may keep you from even considering the option. In fact, financial analysts have found that only a...
Deferred payments may not avoid the need for a bankruptcy filing
Many Americans contact the companies servicing their secured and unsecured debts when they experience hardships. Borrowers often choose to apply for a temporary pause in monthly payments to get through an unexpected financial issue. As reported by CNBC, more than 25%...
End of eviction moratorium detrimental for renters
A recent overruling of Biden's eviction moratorium will impact renters across the nation including numerous Texas families. Without the federal assistance that many residents have relied on for the last year, an uptick in evictions is probable. While many families...
What to look for in a bankruptcy lawyer
Many individuals struggling financially find that bankruptcy changes their lives and enables them to move forward. Some wonder why they failed to act sooner. An experienced bankruptcy lawyer helps overcome the fear often associated with filing and assists in obtaining...
The options when debt spirals out of control
When you find yourself in a difficult financial situation, it is important to understand your options. Before you gain a sense of clarity, it is not uncommon to let your worries spiral out of control. In this way, you can actually make the situation worse than it is....
Should I seek a quick exit from Chapter 13 bankruptcy?
If a court approves your Chapter 13 bankruptcy filing, you will have three to five years to complete a repayment plan that will pay off a significant amount of your debts. But you may wonder if you should try to complete your bankruptcy ahead of schedule. Since...
