If you are thinking about filing for bankruptcy, it is important to know that you are not alone and many people are also struggling with unmanageable debt. For many businesses and individuals, bankruptcy provides a sense of hope and opens the door to a brighter...
Chapter 7 Bankruptcy
4 things to look for in a bankruptcy lawyer
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...
Deciding whether bankruptcy or divorce comes first
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...
Can I keep my home after Chapter 7?
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...
What are the pros and cons of filing bankruptcy?
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...
Statistics on typical bankruptcy filers
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...
Bankruptcies down, but overwhelmed courts expected
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...
What assets are exempt from the bankruptcy process?
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...
Life after a Chapter 7 bankruptcy filing
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...
Individual bankruptcies for small business owners
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...


