Foreclosure can be a stressful and overwhelming experience. When you fall behind on mortgage payments, your lender can take legal action to repossess your home. This is the last thing many homeowners want, but it is a reality that many face. Fortunately, there is a way to protect yourself from … [Read more...]
Pros and Cons of Filing Bankruptcy in Texas
In Texas, filing bankruptcy can wipe out many unsecured debts, stop most collection actions, and give you a structured path to rebuild. However, it can harm your credit, risk some non-exempt assets, and will not erase every type of debt. That’s why it’s important to evaluate all the factors … [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...]
When to Stop Using Credit Cards Before Filing Chapter 7
As a local bankruptcy lawyer here in Texas, clients often call me with questions about the Chapter 7 filing process. But sometimes, they call me eager to share their own ideas as well. Pete was one of them. “Hi Chris,” Pete began, excited. “I know we might file for bankruptcy next month if … [Read more...]
Protecting Disability Benefits in Chapter 7 Bankruptcy: A Texas Guide
Have you ever found yourself in the midst of a financial storm, hoping and praying for a life raft? Yes, we’re talking about the perfect storm–bankruptcy. Going through a bankruptcy might feel like you’re stranded in open seas amidst a never-ending storm that threatens to put you—and all your … [Read more...]
How Much Debt Do You Need to File Chapter 7 Bankruptcy?
Bankruptcy is a major financial decision that can provide relief from overwhelming debt. But it's not a choice to make lightly. Knowing the right time to file for bankruptcy is important. This helps ensure it works as intended and doesn't cause more problems. At Warren & Migliaccio, we … [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...]
Chapter 7 Means Test Calculator Online: A Guide to Financial Relief
As an attorney focused on consumer bankruptcy law, I recently had an encounter with a single mother struggling to make ends meet. Let's call her Sarah for story purposes even though that’s not her real name. Juggling multiple jobs to support her two young children, Sarah found herself drowning in … [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...]
Chapter 7 Pros and Cons: Weigh Your Options Carefully
In my role as a bankruptcy attorney here in Texas, I've helped many individuals dig out from under soul crushing debt. Each client brought a unique story and set of circumstances to the table but many of them also shared similar struggles and fears. Please allow me to tell you about Mr. Whirley. … [Read more...]
