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, … [Read more...]

When you’re burdened by excessive debt, it can seem like the whole world is about to crash down on you. In addition to your credit card bills, you may also have back mortgage payments and utility bills that, if left unmet, can put your safety and well-being in the balance. When facing this … [Read more...]

Tax withholding is the amount of funds withheld from paychecks, pensions, bonuses and other forms of income in order to pay an individual’s annual federal income tax. Ensuring enough tax is withheld is crucial to managing household finances properly and, in the end, preventing the need for … [Read more...]

When you’re facing bankruptcy in Texas, you may wonder how much – if any – of your property you may be able to keep. The answer depends on your individual case and the laws of your state. In a bankruptcy, much of a person’s property may become property of the bankruptcy estate and used to pay off … [Read more...]

If you’re facing bankruptcy in Texas, a trustee will be part of the process. It’s important to understand the role of the bankruptcy trustee and how this person can affect the outcome of your case. What is a bankruptcy trustee? A bankruptcy trustee is an individual who is responsible for handling … [Read more...]

Rebuilding credit after bankruptcy doesn’t have to wait seven or ten years until the bankruptcy is no longer on a credit history (seven years for Chapter 13, ten years for Chapter 7). Bankruptcy petitioners may begin improving credit scores shortly after the bankruptcy process is complete. Moving … [Read more...]

Filing for bankruptcy can be a good decision for some because it may allow for a fresh financial start or may alleviate financial pressure, but it also brings some challenges. For many people, discussing bankruptcy with family may be a certain challenge. Most people find that disclosing financial … [Read more...]

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...]