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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...
Dallas County’s DA Dust Up Draws Tarrant County District Judge From Office
The Star-Telegram is reporting that 342nd District District Judge Bob McGrath will resign to take a position as legal adviser to the Dallas County Commissioners Court. The court approved hiring McGrath to the $139,971-a-year job on a 4-1 vote. The court has clashed...
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...
Famous Fort Worth Resident Files For Bankruptcy
Image by Alan Light via Flickr Reading the news today that Barry Corbin (famous for his roles on TV's Northern Exposure, Dallas and on film as Uncle Bob in Urban Cowboy) has filed for bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of...
12 Signs That You Should Talk To A Bankruptcy Attorney
In the spirit of the holiday season, instead of the 12 days of Christmas I thought we would give you the 12 reasons you should talk to a Fort Worth bankruptcy attorney. The first step to overcoming a debt problem is recognizing that you have one. If worries about your...
Mortgage Delinquencies At Record Highs
I read today that the delinquency rate on home mortgages is at a record high, despite the fact that the United States is suppose to be headed out of the "Great Recession". A report released by the Mortgage Bankers Association shows that the housing market has a few...
Federal Judge Says Email Not Be Protected By 4th Amendment
A Federal judge in Oregon has ruled that the government doesn't have to notify someone when they access and search a Web-based email account. U.S. District Judge Michael W. Mosman writes in his opinion - "When a person uses the Internet, however, the user’s actions...
A Survival Guide To Debt
Just a little off topic for my blog. Well maybe not off topic, but straying toward helping people with financial problems before they need a bankruptcy attorney. A good friend of ours at the firm, Mitchell L. Allen, released a book this summer called A Survival Guide...
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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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