Getting out of debt as a single parent can be difficult. Even if you have a job, your income may not be enough to keep up with your debt payments while providing for your children. With an income source, you may be eligible to file for Chapter 13 bankruptcy. This can...
General Bankruptcy
Is credit counseling required before filing for bankruptcy?
When your finances become unmanageable to the point where you see no real way of reasonably paying them back within a few years, it may be time to explore your options. Many people who otherwise see no way to dig themselves out of debt are able to start rebuilding...
How courts liquidate assets in bankruptcy
Those considering bankruptcy often worry about the financial fallout associated with the process. Though bankruptcy can help people get a new financial start in life, many people have concerns about what will happen to their cars, home and other high-value items if...
How is credit card debt handled in bankruptcy?
Filing for bankruptcy is an option available for individuals who have no other way to pay off overwhelming debts. Under Chapter 7 or Chapter 13 bankruptcy, you can discharge eligible debts so that you have the opportunity you need to liquidate assets or form a...
How will bankruptcy impact my taxes?
If you file for bankruptcy and owe taxes to the IRS, you may wonder what will happen with that debt. You may learn that you cannot discharge all debts through bankruptcy and question if that includes taxes. The IRS explains how the court handles your taxes will depend...
What does it mean to live paycheck to paycheck?
Simply surviving nowadays often seems to require some financial acrobatics. After all, according to reporting from Time, inflation remains at near-record levels, forcing you to pay more for the items you use every day. If you do not have enough money to pay for these...
Can you keep your home when you file for bankruptcy?
Many people in Texas struggle with staying on top of their bills and finances. If you list yourself among them, you may be looking for ways to find some potential relief. If you are thinking about filing for bankruptcy, you may, like many others, worry about whether...
Which type of bankruptcy is best for you?
If you have substantial debt that is threatening your livelihood, it may be time to file for bankruptcy. Although filing has long-lasting repercussions, it can be a lifesaver when you plan it correctly. However, bankruptcy is not a one-size-fits-all situation. Chapter...
3 tips for rebuilding credit after bankruptcy
Many people across Texas who are struggling to stay on top of their finances explore the idea of filing for bankruptcy. Yet, many potential bankruptcy filers hold off on doing so out of fear about how it might impact their credit score. While filing for bankruptcy may...
How can Chapter 13 bankruptcy protect co-signers?
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...


