Don’t Let Financial Problems Dominate Your Life
Chapter 7 bankruptcy can provide debt relief, but it does not affect individuals and businesses in the same way. While individuals often use Chapter 7 to eliminate eligible debts and obtain a financial fresh start, businesses typically use it to close operations and...
Most people correctly view bankruptcy as a way to save their financial situation. Yet filing often has benefits in other areas of life – including marriage. Maintaining a marriage can be difficult in the best of times. When one or both spouses get into debt they...
One of the first things that people want to know when they’re considering bankruptcy is what will happen to all their things. A common misconception is that they will lose everything they worked for. Some assets can be seized by the trustee overseeing the bankruptcy...
Financial pressure creates immense stress for families and small business owners in Pearland. Certain financial moves made in the months before you file can inadvertently cause the bankruptcy court to deny your debt discharge. Paying money to family members or friends...
Bankruptcy protects people from aggressive collection efforts. Many people choose to file for bankruptcy when they are at risk of foreclosure on their homes, vehicle repossession or creditor lawsuits. The automatic stay provided at the time of a bankruptcy filing can...
Financial problems rarely appear overnight. For many families, financial pressure starts to build slowly after a major life event changes their ability to keep up with everyday expenses. Even people who once felt financially stable can find themselves struggling after...
Filing for bankruptcy can feel overwhelming. You might worry that a Chapter 13 repayment plan will demand more than you can afford. The plan often looks for a middle ground between what you owe and what you can reasonably afford, while still meeting your...
If you have already filed for personal bankruptcy before and are again at the point where you cannot pay your debts, you may wonder whether you can submit a Chapter 7 filing. The short answer is yes, it is possible to file for bankruptcy numerous times. However, there...
When Texas homeowners are grappling with financial stress, choosing between Chapter 7 and Chapter 13 bankruptcy may be a necessary first step toward regaining stability and security. While both options can provide relief, they work in very different ways when it comes...
Studies have found that the type of currency a person uses when making a purchase can have a very real impact on how much they spend. Notably, people are likely to spend more money when they use a credit card, as opposed to when they use cash. In one study, 58% of...