Filing for bankruptcy can be a significant and complex decision, impacting various aspects of your financial life, including your home. Many people wonder if they could lose their house when they contemplate filing for bankruptcy. As an attorney specializing in bankruptcy law at Warren & … [Read more...]
Chapter 7 Bankruptcy Dismissed: Reasons, Consequences, and Alternatives
Having your Chapter 7 bankruptcy dismissed can be unsettling, especially when you're already dealing with financial strain. Many individuals considering Chapter 7 bankruptcy in Texas wonder about the potential consequences and their next steps. Understanding why it was dismissed and the implications … [Read more...]
Will and Trust Attorney Near Me: Securing Your Legacy – A Comprehensive Guide in Texas
Introduction When I hear from families about estate planning here in Texas, I often hear the same worry: “We know we need to do something about our estate planning, but we don’t know where to begin.” I’ve had this conversation many times at Warren & Migliaccio. The one I just had with Paul … [Read more...]
Can a Second Mortgage Be Discharged in Chapter 7?
As an attorney with extensive experience in bankruptcy law here in Texas, I encounter clients facing all sorts of complex financial challenges. I remember the first call I received from a new client named Hank, a Texan grappling with how to manage the second mortgage on his home that he just … [Read more...]
Are Student Loans Forgiven When You File for Bankruptcy?
Update (November 8, 2024): Just yesterday on November 7, 2024 The New York Times reports "Judge Halts Biden Student Debt Plan Right After It Was Allowed to Proceed". A federal judge in Missouri temporarily blocked a Biden administration plan to cancel student debt less than a day after … [Read more...]
Five Tips for Those Considering Bankruptcy
Bankruptcy may sound like the easiest way out of a financial mess. However, that isn’t always the case. Anyone considering filing for bankruptcy should seek legal counsel. The following are five tips for anyone who is considering filing for bankruptcy: analyze your financial situation to … [Read more...]
Can You Declare Bankruptcy to Escape a Credit Card Lawsuit in Texas?
Facing a lawsuit for unpaid credit card debts is stressful enough to wipe away your peace of mind and disrupt your life. The resulting garnishing of bank accounts and seizing of non-exempt assets can bring your financial life to a standstill or set it in a dooming downward spiral. However, the … [Read more...]
What does bankruptcy do?
People begin to ask themselves (and others), “What does bankruptcy do?” as they begin to consider the possibility that they may need to file for bankruptcy. Being well-informed on the bankruptcy processes is vital to adequately preparing yourself. The more prepared you are, the more likely you are … [Read more...]
Alternatives to Bankruptcy in Texas
Being under financially hard times does not necessarily mean that you need to file for a Chapter 7 or Chapter 13 bankruptcy. In some cases, you may be able to resolve your financial troubles by addressing your debt head-on, and a bankruptcy could be avoided altogether. Consider speaking with a … [Read more...]
Inheritance after Bankruptcy in Texas
If you have received an inheritance after you have filed for a bankruptcy in Texas, what happens next depends almost entirely on 2 factors – the timing of the bankruptcy and the type of the bankruptcy that you filed, either a Chapter 7 or Chapter 13. Whatever the circumstances, a bankruptcy attorney … [Read more...]
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