Filing for bankruptcy in Dallas is complicated, as there are rules and deadlines to heed for a successful filing. Mistakes can lead to a court rejecting your case. So finding the right bankruptcy attorney is crucial. Here are 10 tips on how to find a good bankruptcy lawyer. Look Online The Internet is a great… Read More
5 Tips to Hiring the Right Bankruptcy Attorney
Making the decision to pursue a bankruptcy ruling for your personal or business finances is an important decision. Finding the best attorney to represent you in this legal undertaking is a critical step to ensuring a smooth and successful outcome for your case. Bankruptcy is a specialized area of law, and an attorney who lacks… Read More
Top 3 Reasons Why a Bankruptcy Petition is Denied
Many people find relief from creditors and debt by filing for bankruptcy. However, not all bankruptcy petitions are accepted by courts. It is important to know why your bankruptcy petition could be denied before beginning the bankruptcy process. This allows you to avoid some common mistakes. Below are the top three reasons why a bankruptcy… Read More
Effects of Bankruptcy on Retirement Accounts
In most cases, retirement funds are excluded from bankruptcy cases. In other words, usually when debtors file bankruptcy, their retirement accounts are safeguarded and creditors will not have access to them. This comes as great relief particularly to people in the latter part of their careers who are facing bankruptcy. Learn more about the effects… Read More
How to File a Bankruptcy Petition in an Emergency
Facing large amounts of debt can be a scary experience, especially when it feels as though you have nowhere to turn to or nothing that will alleviate your financial problems. When burdened by financial crisis, though, one viable option is filing bankruptcy. Filing bankruptcy can give you an opportunity to start your financial plan anew,… Read More
Filing for Bankruptcy after a Job Loss
One of the most common life crises that leads to bankruptcy is a job loss. Filing for bankruptcy after a job loss can be an intelligent decision for some people, as they may struggle to make monthly debt payments. There are many things to consider before filing the petition, however, and not every jobless person… Read More
What Bankruptcy Can and Cannot Do
Many people who should file bankruptcy may never do so because instead of finding out the truth of how bankruptcy can help them, they fall prey to the common myths concerning bankruptcy. If you’re considering filing, make sure you know what bankruptcy can and cannot do for your financial well-being. Once you understand that, you… Read More
Secured vs. Unsecured Credit Cards: Building Credit After Bankruptcy
Most Americans are no strangers to holding at least a small amount of credit card debt. In fact, TransUnion, one of the largest credit bureaus in the United States, reported that the average debt per borrower in the beginning of 2013 hovered at $4,878, a significant sum for many. For those who have been bankrupt… Read More
The Difference Between Personal Bankruptcy and Business Bankruptcy
For those who seek relief from repaying debts that they have accrued, bankruptcy is one of the most effective ways to achieve this goal and move forward to financial stability. Depending on the chapter for which they file and their means of possible repayment, individuals either can set a realistic payment plan or even be… Read More
Filing a Joint Bankruptcy after Having Previously Filed
You can file a joint bankruptcy or file for bankruptcy on your own even if you have previously received a discharge, provided that you meet the time limitations laid out in the Bankruptcy Code. In order to qualify for a joint bankruptcy discharge, neither you nor your spouse can have a discharge on your records… Read More