Bankruptcy filings in Texas can be a complex and overwhelming process. Whether you are considering Chapter 7 or Chapter 13 bankruptcy, the process requires a comprehensive understanding of both state and federal law. As such, finding the right bankruptcy attorney is crucial to achieving a successful … [Read more...]
10 Tips for Finding a Bankruptcy Lawyer in Dallas
Filing for bankruptcy in Dallas is complicated, as there are rules and deadlines to heed for a successful filing. Mistakes can lead to a court rejecting your case. So finding the right bankruptcy attorney is crucial. Here are 10 tips on how to find a good bankruptcy lawyer. Look Online The … [Read more...]
5 Tips to Hiring the Right Bankruptcy Attorney
Making the decision to pursue a bankruptcy ruling for your personal or business finances is an important decision. Finding the best attorney to represent you in this legal undertaking is a critical step to ensuring a smooth and successful outcome for your case. Bankruptcy is a specialized area of … [Read more...]
Top 3 Reasons Why a Bankruptcy Petition is Denied
Many people find relief from creditors and debt by filing for bankruptcy. However, not all bankruptcy petitions are accepted by courts. It is important to know why your bankruptcy petition could be denied before beginning the bankruptcy process. This allows you to avoid some common mistakes. Below … [Read more...]
Effects of Bankruptcy on Retirement Accounts
In most cases, retirement funds are excluded from bankruptcy cases. In other words, usually when debtors file bankruptcy, their retirement accounts are safeguarded and creditors will not have access to them. This comes as great relief particularly to people in the latter part of their careers who … [Read more...]
How to File a Bankruptcy Petition in an Emergency
Facing large amounts of debt can be a scary experience, especially when it feels as though you have nowhere to turn to or nothing that will alleviate your financial problems. When burdened by financial crisis, though, one viable option is filing bankruptcy. Filing bankruptcy can give you an … [Read more...]
Filing for Bankruptcy after a Job Loss
One of the most common life crises that leads to bankruptcy is a job loss. Filing for bankruptcy after a job loss can be an intelligent decision for some people, as they may struggle to make monthly debt payments. There are many things to consider before filing the petition, however, and not every … [Read more...]
What Bankruptcy Can and Cannot Do
Many people who should file bankruptcy may never do so because instead of finding out the truth of how bankruptcy can help them, they fall prey to the common myths concerning bankruptcy. If you're considering filing, make sure you know what bankruptcy can and cannot do for your financial well-being. … [Read more...]
Secured vs. Unsecured Credit Cards: Building Credit After Bankruptcy
Most Americans are no strangers to holding at least a small amount of credit card debt. In fact, TransUnion, one of the largest credit bureaus in the United States, reported that the average debt per borrower in the beginning of 2013 hovered at $4,878, a significant sum for many. For those who … [Read more...]
The Difference Between Personal Bankruptcy and Business Bankruptcy
For those who seek relief from repaying debts that they have accrued, bankruptcy is one of the most effective ways to achieve this goal and move forward to financial stability. Depending on the chapter for which they file and their means of possible repayment, individuals either can set a realistic … [Read more...]