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Common Questions on Chapter 7 Bankruptcy in Texas
There are are many important questions when it comes to filing personal bankruptcy, so here on Higgins and Associates Texas law blog, we'll be answering common questions. For this post, let's focus on Chapter 7 bankruptcy. What it is; how much it costs with lawyer...
How a Texas Attorney Can Help with Chapter 13 Bankruptcy
How can an attorney help you before, during, and after bankruptcy? Clearly there are advantages in filing for Chapter 13 bankruptcy, especially in Texas, so let's find out those first. Advantages of Texas Chapter 13 Since unemployment rates and foreclosures are a...
What Are the Leading Causes of Bankruptcy and Why?
There is the old thought that when the economy goes bad, houses go into foreclosure, jobs are lost, insurance cannot be afforded, medical bills pile up, and some big spenders accumulate thousands in credit card debt just to survive. Those very well may be connected...
6 Big Benefits of Chapter 13 Bankruptcy
Bankruptcy gets a bad name, but in reality there are more benefits than negatives. On paper, bankruptcy is a very reasonable option. It does take some work to get it to work, it does require the services of an experienced bankruptcy attorney, but you need not be a...
Good News – Fees for Personal Bankruptcy Chapter 7 and 13 Are Low
How much does it cost to file bankruptcy? What are the monetary advantages of filing bankruptcy? Can anyone file bankruptcy? We hear these types of questions all the time. Some are easier to answer than others. Personal bankruptcy, Chapter 7 and Chapter 13, has very...
Rich And Famous Face Foreclosure Crisis
Image via Wikipedia An article in the Wall Street Journal today says that homes with loans over $5 million will likely see a spike in foreclosure sales this year. It is hard for most people to imagine paying $5 million for a home, but there are several examples of...
Over One Million Households Lost In Recession between 2005-2008?
A study released by the Mortgage Bankers Association says that the U.S. lost 1.2 million households to the recession by the end of 2008. A staggering number considering that the number of job losses and foreclosures continued to climb and set records in 2009. The...
Commercial Foreclosures Top $1 Billion In D/FW
According to a recent story in the Dallas Morning News, 333 commercial properties valued at a total of over $1 billion are scheduled for auction in April sales. Even in an area of the country that has felt less of the "Great Recession" than most, the economic downturn...
Filing Bankruptcy Stops Foreclosure? If You Stick To The Payment Plan
A piece in today's Star-Telegram talks about the number of homes that are foreclosed on after a bankruptcy filing. According to the article by Sandra Baker an analysis of post-bankruptcy cases for homeowners in 60 Texas counties shows that the number of cases...
Judges Battle Over Student Loan Foregiveness In Bankruptcy
In an unusual case, mostly because student loans are rarely ever discharged in bankruptcy, a bankruptcy judge in Massachusetts and and the chief judge of the U.S. District Court of Massachusetts are having a bit of a spat about discharging the student loans of a 2005...
Understand Bankruptcy Law
Bankruptcy Law is complex, dense and difficult for many to understand. With the recent changes to the United States Bankruptcy Code, the task of navigating a bankruptcy filing has become even more cumbersome. With over a decade of experience, Robert A. Higgins & Associates is ready to help your case.
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Types of Bankruptcy
For consumers, Chapter 13 and Chapter 7 are the two most common types of bankruptcy. Which one is right for you? Choosing the right chapter of the bankruptcy code to excercise is extremely important. Our expert legal staff will guide you through the important selection process
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Bankruptcy Articles and Legal News
Looking for more information? Get the latest and most important information regarding bankruptcy and the larger legal scene in Texas and the United States.
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