Filing for bankruptcy can be a good decision for some because it may allow for a fresh financial start or may alleviate financial pressure, but it also brings some challenges. For many people, discussing bankruptcy with family may be a certain challenge. Most people find that disclosing financial … [Read more...]
What is “zombie debt”?
When you file for bankruptcy, you do so expecting that the process will yield the discharge of certain debts and a fresh financial start. Some may find that some of their debts are not being recognized as discharged following bankruptcy. This type of debt is sometimes known as “zombie debt” because … [Read more...]
Importance of Rebuilding Credit after Bankruptcy
Rebuilding credit after bankruptcy doesn’t have to wait seven or ten years until the bankruptcy is no longer on a credit history (seven years for Chapter 13, ten years for Chapter 7). Bankruptcy petitioners may begin improving credit scores shortly after the bankruptcy process is complete. Moving … [Read more...]
The Role of a Trustee in Bankruptcy
If you’re facing bankruptcy in Texas, a trustee will be part of the process. It’s important to understand the role of the bankruptcy trustee and how this person can affect the outcome of your case. What is a bankruptcy trustee? A bankruptcy trustee is an individual who is responsible for handling … [Read more...]
The Automatic Stay in Bankruptcy
When you’re burdened by excessive debt, it can seem like the whole world is about to crash down on you. In addition to your credit card bills, you may also have back mortgage payments and utility bills that, if left unmet, can put your safety and well-being in the balance. When facing this … [Read more...]
Good Idea to Apply for Credit Card after Bankruptcy?
Whether it’s possible to get a credit card after bankruptcy – or whether you should get one – is a concern of many who go through the process. As long as you want to obtain credit cards after bankruptcy for the right reasons, it can be a very good way to help rebuild credit. The primary use of a … [Read more...]
Planning Your Child Custody Visitations
Being a non-custodial parent offers some tough challenges. Absence from the child’s life on a day-to-day basis and managing visitation scheduling can be tricky as well. Whether the child custody and visitation schedule was arranged by the court or arranged between the two spouses, it’s important for … [Read more...]
Time is of the Essence When Modifying a Child Support Order
There are multiple reasons why someone may want to modify a child support order. It’s not unusual for payers to seek child support reductions because of job loss or temporary layoffs. They may also file to modify when the custodial parent has come into a large amount of money and is better able to … [Read more...]
How to Pay Child Support in Texas
When deciding how much a parent will pay in child support in TX and in what amount, the court looks at the non-custodial parent’s income and comes up with a reasonable child support order. It also decides how often the support payments will be made. In some cases, the parents themselves negotiate … [Read more...]
What To Do When The Ex Is Not Paying Child Support
Not paying child support payments in Texas could put the parent required to make payments in violation of a legally binding court order. When this happens, the custodial parent needs to take steps to rectify the situation and family law lawyers in Plano, TX can help parents take these steps to … [Read more...]
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