You most likely first considered a bankruptcy filing because you needed a fresh start; your plans for starting over may also include owning a home. Unless you have enough cash to pay for a home’s selling price, homeownership typically involves obtaining mortgage...
General Bankruptcy
What is exempt from bankruptcy?
Getting caught in an endless cycle of debt collector calls and mailings may overwhelm you. When you do not make enough to pay bills, bankruptcy may help. In Texas, bankruptcy does not require you to give up all your possessions. You have the right to keep property...
Taking control of your finances after bankruptcy
Filing for bankruptcy can provide you with the relief you need when your debt gets out of control. Essentially, bankruptcy allows you to start over. Use this fresh start wisely and avoid making the same mistakes. These tips can help you take charge of your finances....
Can I DIY my bankruptcy?
The feeling of overwhelming debt can seem like a stressful black hole. As the bills continue to climb and the collectors call, it can feel like you will never find relief. Considering bankruptcy can be a significant step toward financial freedom. While this complex...
Is this debt collector misrepresentation?
When interacting with debt collectors, it is important to understand what they can and cannot legally do. Unfortunately, while many are upright and forthcoming, some will still attempt to use their standing against you to lie and deceive their way into quicker...
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...
What should you do about debt collector harassment?
Filing for bankruptcy automatically removes a significant portion of your debts in Texas. This means that debt collectors can no longer badger you for payment. If you continue to receive correspondence requesting payment, you could start to feel frustrated. Knowing...
I am getting divorced. Should I file for bankruptcy?
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...
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...