Should I file bankruptcy before or after divorce in Texas? This question can loom large for those already coping with the emotional toll and financial strain of ending a marriage. In Texas, where divorce follows community property laws, the stakes often feel higher. There isn’t a one-size-fits-all … [Read more...]
Bankruptcy Filings in Texas: Hiring the Right Attorney for Your Case
This is a very significant decision. It can provide relief from overwhelming debt and give you a fresh financial start. However, it is also a complex legal process that can be difficult to navigate without professional help. For residents in Texas, hiring the right bankruptcy attorney is essential … [Read more...]
What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy in Texas?
The two most common types of personal bankruptcy are Chapter 7 and Chapter 13. As Texas bankruptcy attorneys, a common question we receive is, "What is the difference between Chapter 7 and Chapter 13 bankruptcy in Texas?" Though both Chapter 7 and Chapter 13 bankruptcy can help you get a fresh … [Read more...]
If I file for Chapter 7 Bankruptcy, could I lose my house?
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...]
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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