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Texas Chapter 7 Bankruptcy – Timing and When You Should File
Filing Chapter 7 bankruptcy may be a scary proposition. It's not news: you can literally saves tens of thousands of dollars. It's also true that there are some reasons not to file. For one, some people look at bankruptcy the wrong way. If you file because of...
2010 Bankruptcies and Foreclosures on the Rise – Why?
In the calender year ending in June of 2010, there was a significant increase in bankruptcies in Texas and nationwide. This increase is about 20 percent. Why did this happen? Isn't the economy improving? What if you have to file bankruptcy, will it be more difficult?...
5 Ways a Lawyer Helps in Texas Chapter 7 Bankruptcy
Many consider bankruptcy a mistake. You can use debt consolidation … bankruptcy makes it so you can never buy a new home or car again … you can use credit counseling to get out of it. There are many myths. However, debt consolidation companies are a mistake because...
4 Ways Texas Bankruptcy Protects You
You don't lose everything in bankruptcy. The myth is that you have no protection or legal recourse to protect your home, car, savings, and other assets. Often enough, you lose nothing by filing for help. Yes, there is a chance you might lose some things. But what...
4 Benefits of Filing Bankruptcy for Texas Families
Bankruptcy is about money on paper, but really it's about getting more than money back. Being free from enormous debt can really lift a weight off your shoulders. After all, who likes a $50,000 medical bill coming in the mail, when you don't even make that much in a...
6 Myths on Chapter 13 Bankruptcy for Texas Residents
All too often, we hear one bad review of a movie, book, or show and decide not to go with it. This too happens with bankruptcy. Bankruptcy law is very complex on paper, but many myths can be dispelled. This blog guide focuses on myths involving Texas Chapter 13...
Texas Bankruptcy – Why You Shouldn’t Sell Assets, Cash Out 401Ks, Or Spend Retirement Savings
There are many mistakes made regarding bankruptcy all the time in Texas. Though Texans are Texans and New Yorkers are New Yorkers, the general ideas of bankruptcy law are the same. The mistakes made are very similar too. The mistakes made are not because of a lack of...
The Bottom Line on Arlington Texas Bankruptcy
There are many decisions to make when it comes to filing Texas bankruptcy. And in Arlington Texas, home owners, families, students, and hard workers deserve some real honesty, Bankruptcy is not always the best option. Bankruptcy has disadvantages. And not all...
Timing and Filing Texas Bankruptcy
When is the best time to file for bankruptcy? It's really a broad topic which does not get enough notice. Sometimes filing quickly can save valuable assets and property, not to mention headaches. Sometimes delaying your bankruptcy may be the best decision you can...
The Automatic Stay in Dallas Bankruptcy
The automatic stay is your legal protection given by bankruptcy court to stop a foreclosure, collections, utility disconnections, and can often buy time to pay off assets you want to keep. But many in Dallas fearing home foreclosure, car repossession, or constant...