Read the latest Bankruptcy Articles from Higgins and Associates
Unemployment Up In Tarrant County
A report in the Fort Worth Star-Telegram last Friday said that Tarrant County lost 16,400 non-farm payroll jobs last in January, rocketing the area's unemployment rate to 7.1 percent. The jump in jobless numbers, up from 5.7 in December and 2.5 points higher than the...
Newsweek Article: Resolve To Go Bankrupt In 2009
A Newsweek article published in the January 12, 2009 issue and available online tells readers that bankruptcy is something that more people should consider. The article explains why most people facing large consumer or medical debts should file bankruptcy before...
Circuit City Files Bankruptcy
Just a week after announcing that it would close 155 locations nationwide that it would seek protections from its creditors through a Chapter 11 bankruptcy filing. The Richmond, Virginia based retailer said in court filings that it has over $1 billion in assets and...
Informal Bankruptcy
Lately there has been some information floating around about informal bankruptcy. It was even mentioned in Parade Magazine in the Sunday papers. While the outcome might seem the same as a legal bankruptcy filing, it is not a good solution to financial problems. In an...
Poll Shows Obama Leads With Voters In Financial Trouble
A presidential poll conducted by BankruptcyHome.com shows that Democratic presidential candidate Senator Barak Obama leads among likely voters who visited the Web site that provides information on bankruptcy and debt consolidation. Senator Obama lead his Republican...
Bankruptcy Can Save Your Home From Foreclosure
Fort Worth, TX - Imagine being a mother of two barely getting by on your paycheck when a slight setback puts you behind on your mortgage payments. That is what happened to Yvonne, who asked that we not use her last name. After having already been through a Chapter 7...
Foreclosure crisis hits areas of North Texas harder
The news abounds with stories on the foreclosure crisis. Between May 2007 and 2008, foreclosures have risen 48%. Texas remains steady at #17 in the nation for foreclosures. Though this may seem encouraging to some, for the thousands of North Texans, the threat of...
May a chapter 7 case be converted to chapter 13?
A pending chapter 7 case may be converted to chapter 13 at any time at the request of the debtor, if the debtor has not been previously converted to chapter 7 from chapter 13.
Co-Debtor: Understand Their Role in Your Bankruptcy
When an individual files for bankruptcy they may have obtained a loan with a friend, spouse or family member. By doing this, they are on the loan together and enjoy the same benefits of the loan if timely paid as well as the same liabilities if the loan is...
I Want Out! What Happens When Your Bankruptcy Case is Dismissed
Filing a bankruptcy case is the last thing most people ever consider or even want to do. However, there are times when it is the last chance that people may have to get financial relief from their creditors, save their car, or save their home. Once an individual files...