One of the most common reasons a person will file for chapter 7 bankruptcy is to discharge insurmountable debts. This typically helps pave the way for a fresh financial start. Although there are several options available for declaring bankruptcy in Texas, many consumers opt for chapter 7 because of … [Read more...]
Chapter 7 Bankruptcy - Frequently Asked Questions
How long will a Chapter 7 bankruptcy stay on my credit history?
Having a bankruptcy on your credit history won’t mar your record for life, but it will appear on your record for ten years from the date of filing. This is one of many things you should consider if evaluating whether filing Chapter 7 bankruptcy is the right choice for you. Your Richardson lawyer can … [Read more...]