Chapter 7 bankruptcy is a legal process that can offer a fresh start for individuals overwhelmed by debt. In Texas, our law firm, Warren & Migliaccio, L.L.P. have helped thousands of people through the bankruptcy process, so we have created this blog to explain what Chapter 7 bankruptcy is, … [Read more...]
3 ways your credit card debt can be forgiven | Warren & Migliaccio
If you're feeling overwhelmed by expensive credit card debt, there are a few different debt forgiveness options to pursue. Credit card debt can be a significant financial burden, but it's one that many Americans are carrying. Not only does the average cardholder have nearly $8,000 in credit card … [Read more...]
Can a Second Mortgage Be Discharged in Chapter 7?
As an attorney with extensive experience in bankruptcy law here in Texas, I encounter clients facing all sorts of complex financial challenges. I remember the first call I received from a new client named Hank, a Texan grappling with how to manage the second mortgage on his home that he just … [Read more...]
Bankruptcy Filings Rise 16.2 Percent | Warren & Migliaccio
Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending June 30, 2024, compared with the previous year. According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 486,613 in the year ending June 2024, … [Read more...]
What are the best ways to get rid of $30,000 in credit card debt? | Warren & Migliaccio
Don't get discouraged with your high credit card balances; there are options to tackle what you owe. If you're struggling to pay off what you owe on your credit cards, you certainly aren't alone. With the average credit card rate closing in on 23%, any cardholder who carries a balance from month to … [Read more...]
Not sure if credit card debt forgiveness is right for you? Ask these 5 questions first | Warren & Migliaccio
Be sure to ask yourself the right questions before deciding what debt relief option is best for you. Carrying credit card debt can be a heavy burden, impacting your financial health and overall well-being. And, while that's true in nearly any economy, it may be especially true right now. After all, … [Read more...]
Could a zombie mortgage put you at risk of foreclosure? Long-forgotten debt is coming back to haunt homeowners. | Warren & Migliaccio
Jose Arzate once dreamed of a peaceful retirement in a quiet neighborhood in his hometown. A 24-year veteran of the county probation office, Arzate thought he had achieved the American Dream when he purchased a three-bedroom ranch house in Santa Maria, California, 20 years ago. "As an immigrant, you … [Read more...]
More student loan borrowers are getting relief through bankruptcy after Biden policy change | Warren & Migliaccio
By Katie Lobosco, CNN Washington (CNN) — More student loan borrows have successfully received debt relief through bankruptcy after the Biden administration implemented a new policy to make the process easier nearly two years ago, according to data released by the Department of Justice … [Read more...]
Inflation is cooling, yet many Americans say they’re living paycheck to paycheck | Warren & Migliaccio
U.S. inflation is cooling faster than expected, but will consumers feel it? U.S. inflation is cooling faster than expected, but will consumers feel it? … [Read more...]
Dallas Judge sides with attorneys representing Shilo Sanders to seal documents related to ongoing bankruptcy case | Warren & Migliaccio
Sanders' attorneys argued because the incident happened when he was a minor, he had the right to have those documents sealed as a juvenile. DALLAS, Texas — Shilo Sanders is working to create his own name as a star safety on the Colorado Buffaloes. … [Read more...]
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