If you are considering filing for bankruptcy, it might be prudent to act quickly. Declaring bankruptcy can stop a potential repossession, foreclosure or wage garnishment. Simply put: bankruptcy can offer much-needed relief when you are overwhelmed with debt. By...
Bankruptcy generally isn’t because of your financial decisions
Do not buy into the idea that bankruptcy only happens to those who make poor financial decisions. This is a common myth, and it’s the reason a lot of people feel ashamed to even file bankruptcy -- or, at least, to tell people about it. They feel like it is an...
Will filing for bankruptcy affect your ability to get or keep a job?
One of the concerns that many people have when considering filing for bankruptcy is whether their employer (or potential employers) will know about it. In most cases, they won’t unless you tell them. People who file for bankruptcy have protections under both the...
What happens when a creditor sues you over an unpaid debt?
People fall on tough times financially often through no personal fault of their own. They might get into a car crash, get hurt at work or get laid off because their employer has financial issues. When your debt level is too high for your current household income, you...
Facing unmanageable medical debt? Bankruptcy can help.
Medical bills are a leading cause of bankruptcy filings. Some studies indicate that medical expenses are the primary cause of 62% of all bankruptcies. Regardless of the statistics, though, the fact remains that many people in Texas, even those with health insurance,...
