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 … [Read more...]

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 … [Read more...]

More than 50,000 people file for bankruptcy each year in Texas, according to the American Bankruptcy Institute. Other than a shaky economy, what are the causes of bankruptcy? Causes of Bankruptcy: Five Life Events Our firm has handled many bankruptcy cases, and there are common causes of … [Read more...]

If you’re swimming in debt and often find yourself stressing over how in the world you are ever going to pull yourself out, it may be time to start seriously assessing your situation and contemplate filing for bankruptcy. Just looking at your options and making some decisions can be very … [Read more...]

How Often Can You File Bankruptcy? There is actually no limit on the number of times you can file for bankruptcy in Texas. However, there is a limit on the number of times the courts will discharge your debts. Most of the time, the only reason people file for bankruptcy is to have their debts … [Read more...]

Secured credit cards are a viable option for those who have recently filed for bankruptcy. Getting a credit card after bankruptcy can help a person rebuild and reestablish credit after wiping out past debts. It is important to understand the function of a secured credit card, as well as the … [Read more...]

If filing bankruptcy when married, joint or separate filing is available. Each comes with certain benefits and drawbacks that couples should discuss with Plano bankruptcy lawyers as they begin the process. There are many rules and laws associated with bankruptcy, which is why it’s so important to … [Read more...]

Getting credit after bankruptcy may be an important part of rebuilding credit ratings, but it should be approached cautiously. With patience and a bit of research, it’s worth the wait and effort to start your new financial life on the right track. Those in need of bankruptcy help during the … [Read more...]

If filing for bankruptcy, tax returns and refunds may be affected in terms of when the return must be filed and the amount that the individual can receive for the year and in years to come, depending on the type of bankruptcy that is filed. Individuals considering filing for bankruptcy may discuss … [Read more...]

Luxury debt or cash advances accumulated just before a bankruptcy filing may be counted among the non-dischargeable debt in your bankruptcy. If you frivolously charge debts to your credit card just before you file, you could still be held responsible for the luxury debts or cash advance.  Luxury … [Read more...]