by Vince Vela | Sep 26, 2018 | Bankruptcy Articles, Chapter 13 Bankruptcy, Chapter 7 Bankrupcy
The automatic stay is likely a Debtor’s strongest asset and strongest line of defense in the Bankruptcy structure. Invoked upon the filing of a Bankruptcy petition, the automatic stay stops all continued and future creditor actions so long as the stay is in place. In...
by Vince Vela | Sep 26, 2018 | Bankruptcy Articles
The social stigma of bankruptcy has always been a major component in today’s society, and usually, the term bankruptcy produces negative connotations. People tend to associate the term with unfortunate aspects revolving around the inability to pay one’s debt. This...
by admin | Feb 21, 2012 | Bankruptcy Articles
After the colossal financial collapse in the US, many consumers incurred insurmountable amount of debt. In this situation, they choose filing bankruptcy one of the debt relief programs to discharge their debts. But remember that filing bankruptcy adversely affects...
by admin | Jan 10, 2011 | Bankruptcy Articles
The new year is upon us and you may have spent more than you should have. Maybe you spent little because you had nothing. Maybe you were just scared of spending too much because your job is in jeopardy. Bankruptcy is always an option, but not always your best option....
by admin | Dec 22, 2010 | Bankruptcy Articles
Texas bankruptcy court can seem scary. But once you get this process done, you can start seeing some financial changes in your life. If you’re filing Texas Chapter 7 bankruptcy, you might save tens of thousands of dollars. If you file Chapter 13 bankruptcy, you...
by admin | Dec 22, 2010 | Bankruptcy Articles
There are certain reasons you may not want to file for bankruptcy help. If you owe a lot of money, it can be tempting, and sometimes smart. However, this guide looks at both sides of the issue – the times when you should not file and the times you should. When Not to...