If you feel like you’re drowning in bills and have more debt than you can handle, bankruptcy seems like a viable option. However, most people in this situation don’t have a lot of money to spare, so paying a bankruptcy attorney may seem counter-intuitive. Today’s...
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If You’re Considering Bankruptcy, Avoid Doing This
If you're thinking about filing for bankruptcy, you may have heard some things that may make filing for bankruptcy easier or may better prepare your finances for the process of filing. However, not all of these things are in your best interest. Here are three things...
What to Know When Filing a Second Bankruptcy
If you filed for bankruptcy before, you know it can be challenging and rewarding. Getting out from underneath crushing debt can help you in many ways, but what happens if you find yourself in debt again? Is it possible to file bankruptcy a second time? It is, but...
How to Get Rid of Tax Debt by Filing Bankruptcy
Filing a Chapter 7 bankruptcy can help you to get out of a great deal of debt, including medical bills, credit card debt, and more. However, tax debt is considered a "secured" debt and isn't as easy to get out of. But, if you meet certain criteria, back taxes could be...
Are You Being Harassed by Creditors?
Becoming overwhelmed with bills is disheartening. Sometimes, you struggle when choosing to pay for groceries or an old medical bill. However, when you add creditor harassment into the mix, it can begin to feel like you're drowning. Contrary to what many people...
Texas Bankruptcy Exemptions
Many people are concerned about losing their possessions if they file for bankruptcy, including their home and their vehicle. This isn't quite true, however. While some assets are inevitably liquidated during the bankruptcy process, there are a great deal of assets...
5 Myths About Debt Consolidation
Many companies advertise debt consolidation as a way to get out of debt, or put all of your debt in one place and have lower interest rates. Learn about the myths surrounding debt consolidation and how to know if it's the right choice for you. 1. You Need a Formal...
When Can Creditors Freeze My Bank Account?
One of the worst things to happen when you are overwhelmed with debt is a creditor freezing your bank account. A frozen bank account is detrimental when you're already struggling to make ends meet. Yet, it is a very real possibility for individuals who owe...
Chapter 13 Bankruptcy Q&A
Bankruptcy can be confusing and intimidating. Here are answers to the most frequently asked questions about a Chapter 13 bankruptcy. 1. Chapter 13 Bankruptcy Explained Chapter 13 bankruptcy enables an individual to pay back all or some of their debts under the...
How to Buy a Car After Filing Bankruptcy
You've filed for bankruptcy and things seem to be going well without creditors harassing you. You haven't taken on any new debt, but eventually you will need a new vehicle. Unlike your home, your vehicle will need to be replaced at some point during or after your...
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