If you’ve been struggling with financial difficulties, you may find that bankruptcy is your best option. Bankruptcy comes with quite a few rules and regulations, one of which is mandatory credit counseling. If you understand the purpose of this type of counseling and know what to expect, your … [Read more...]

Debt-related problems cause a storm of unwanted stresses in your life; collection calls, letters, day-to-day concerns about simply getting by. Some may feel like it’s enough to make you sick . . . and they may be right.  Effects of Financial Stress Like any kind of stress, financial stress takes a … [Read more...]

If you’re in financial trouble and seeking information on resolving your debts, you’ll likely run into quite a few terms that may be unfamiliar to you. Some of these terms can seem very similar to each other and one may get confused as to what they actually mean.  A Few Common Debt Resolution and … [Read more...]

Married couples must decide between joint filing or separate filing when determining which is the right choice for them when filing bankruptcy in Texas. Bankruptcy is a complicated process and it involves many different rules and laws. These laws should be reviewed with a Plano bankruptcy attorney … [Read more...]

In some situations, there are advantages to a married couple filing separately for bankruptcy. Of course, just like any choice, filing separately also has its disadvantages that couples should discuss with Dallas bankruptcy lawyers.  For instance, filing bankruptcy separately can be the best … [Read more...]

More than 1.1 million bankruptcy cases are filed in the U.S. each year, according to the United States Courts. If you’ve decided to go this route and take a new financial path, you’ll want to avoid a few common mistakes that could harm your case. 5 Mistakes to Avoid When Filing for Bankruptcy It … [Read more...]

Many people know that bankruptcy is most likely their best option but avoid filing a petition because they fear the social stigma. However, the perception of bankruptcy is changing. Many people can relate to difficult life events and are taking a much less reproachful view on filing for Texas … [Read more...]

The Brunner test is a way to determine if certain types of debt can be discharged based on hardship. Bankruptcy does not eliminate all types of debt such as student loans, so tests like these may be used to determine if the debt can be discharged. A Look at the Brunner Test  To determine if you … [Read more...]