Whether you file for protection under Chapter 7 or Chapter 13, the bankruptcy process includes four steps: Preparation Filing 341 Meeting Discharge 1. Preparation Your attorney will tell you precisely what information and documentation you must prepare before he can initiate your paperwork. You will need to show proof of all household income. You will… Read More
Bankruptcy: 4 Basic Steps
How Mediation Works
In their mind’s eye, many people think that mediation resembles the opening scene from the movie “Wedding Crashers”. However, although this scene is very funny, it is very far from the truth. A mediator typically is a well-respected attorney, who has been practicing family law for many years. Many mediators are former judges. Most are very accomplished… Read More
5 Signs That Bankruptcy May Be Warranted
Your debts have been growing for some time and you’ve been fighting the good fight in an effort to keep up with them. How do you decide when it’s time to seek relief under federal bankruptcy protection? Here are five signs that bankruptcy might be a wise option. You’re using credit cards to make ends… Read More
Divorcing an Alcoholic Spouse in Dallas, Texas
Alcohol is one of the reasons why couples get a divorce. While most spouses try to help their wife or husband with their alcoholism, there’s sometimes not much they can do. Alcoholism can take over and make it difficult to live with an alcoholic. Divorcing an Alcoholic Spouse Before you decide to divorce your alcoholic… Read More
Medical Debt Bankruptcy in 2013: A Gloomy Perspective
The exorbitant cost of medical care is forcing millions of Americans to file for bankruptcy every year – more than credit card debt or mortgage defaults. Not even those with health insurance are protected from financial hardships – they can barely cover their medical bills. This infographic takes a look at America’s medical debt problem… Read More
7 Financial Tips for Those Going through a Divorce
Going through a divorce can be stressful, and emotions sometimes can override important decisions that need to be made, especially concerning finances. But the process can be much easier if you know ahead of time what to expect and how to prepare. An attorney may help you avoid mistakes during the divorce process and help… Read More
7 Things to Consider in a Military Divorce
It’s always a difficult decision to make, but getting a divorce while in the military can bring with it some unique challenges. This is especially true if one of the spouses is deployed overseas or is stationed away from the family home, which is why seeking legal advice can be very helpful. The following are… Read More
Pros & Cons of Filing Chapter 7 Bankruptcy
Chapter 7 bankruptcy can help liquidate many of your assets, but not everyone qualifies. There are pros and cons of filing that should be considered by those who are considering declaring bankruptcy. The following are some of the pros of filing Chapter 7 bankruptcy: the process takes a few months; credit can be rebuilt; it… Read More
10 Considerations Before Deciding to File Bankruptcy
Before deciding to file bankruptcy, look into the benefits and disadvantages that it may bring. Talking with a bankruptcy lawyer first can help guide you in making a decision that is right for you. 10 Considerations When Contemplating Bankruptcy If you are considering filing for bankruptcy, consider: not all debt may be discharged; there is… Read More
Do You Need a Prenuptial Agreement?
A prenuptial agreement may not be considered much of a romantic gesture, but it may be a rational decision for those who wish to secure assets they worked hard to earn before getting married. While it might not be the most pleasant conversation to have, for many couples it is one worth having before tying… Read More
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