Pearland, Texas, Bankruptcy Law Blog
Chapter 7 filings likely to increase in Texas
There is nothing shameful about the bankruptcy process. Every year, thousands of people throughout Texas use bankruptcy to discharge their debts and start fresh. In fact, the number of people filing Chapter 7 is likely to increase significantly in the second half of...
How will filing for Chapter 7 bankruptcy impact your credit?
Most people already know that filing for bankruptcy will have an immediate, negative impact on their credit score and ability to secure future lines of credit. However, the exact impact of bankruptcy on your credit situation will vary depending on many factors. There...
Is your home or ranch exempt from liquidation in a bankruptcy?
Chapter 7 bankruptcy is arguably the most aggressive form of bankruptcy available to individuals dealing with unsustainable levels of debt. Without making an effort to repay their debts, individuals can theoretically discharge unsecured debt such as credit card...
What debts are eligible for discharge in a Chapter 7 bankruptcy?
When your personal debt levels become overwhelming, you may feel like you have no option other than to take drastic measures to regain financial solvency. Bankruptcy may only comes to mind when you have more debt than you can feasibly repay. Chapter 7 bankruptcy, in...
Can Chapter 7 bankruptcy eliminate your debt?
When faced with overwhelming debt, you may not know what to do. Unfortunately, for many Americans, debt is easy to get into and challenging to get out of. Filing for bankruptcy can be an excellent way to eliminate debt. Before filing, you will want to understand what...
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