When you file your bankruptcy petition, you must sign all the forms. A signature serves a variety of purposes within the bankruptcy process. The United States Bankruptcy Court Eastern District of Texas explains your signature on the bankruptcy petition is an oath that...
General Bankruptcy
What does your credit utilization rate say about your finances?
Nowadays, many individuals use credit cards to pay for rent, groceries and other essential items. This makes sense, as four out of every 10 Americans simply do not have even $400 in savings. While reaching for your credit card can be beneficial, using it too often may...
Is this debt collector misrepresentation?
When you fall into debt, it can feel like the whole world is out to get you. These feelings only get exacerbated by the debt collectors who toe the line and cross over from persistence into harassment. But did you know that you have other protections under the law...
How will the FRESH START Through Bankruptcy Act affect student loan debt?
While bankruptcy allows you to discharge many types of debt, student loan debt is usually left out of the equation. According to Insider, a recently proposed bill aims to change the way bankruptcy courts handle this type of debt. The FRESH START Through Bankruptcy Act...
How bankruptcy’s automatic stay offers relief from creditors
Having creditors track you down at your Texas home or place of business may prove frustrating and even embarrassing. However, in some cases, filing for bankruptcy might help you get relief from these communications while also helping you get your finances back on...
Bankruptcy may allow you to get your car back after repossession
Whether you prefer flashy sports cars, sensible family sedans or rugged off-road vehicles, you may love your car, truck or SUV. If you have fallen behind on your monthly payments, though, a financial institution may have repossessed it. Repossession occurs when a...
What could creditors take during bankruptcy?
You have a strong feeling that filing bankruptcy could offer the financial peace of mind you deserve, but you worry about what you may give up in the process. You know your creditors may have a claim to some of your assets once you file, but which ones? Bankrate...
How can bankruptcy keep my car from being repossessed?
If you have fallen behind on your car payments, your vehicle may be in danger of repossession. It is not uncommon for people to experience changes in their financial circumstances that lead to longer than expected turmoil. Bankruptcy is an option that may enable you...
What do you know about the increase in elderly bankruptcy?
When talking to the older adults in your life, you notice that a few of them know several other older adults who filed for bankruptcy. You do not plan on retiring soon, but you do not want to count yourself among the ranks of those who file for elderly bankruptcy....
Getting a fresh start through bankruptcy
Over the last 15 years or so, many Texas residents have most likely gone through quite a few “ups and downs,” particularly when it comes to personal finances. From a housing market collapse to a so-called “Great Recession” to a skyrocketing stock market and, finally,...
