Almost all personal bankruptcy cases in Wylie, TX are considered voluntary, or when the debtor decides to file for bankruptcy on their own. An involuntary bankruptcy case is when the creditor decides to file a bankruptcy case against a consumer. Here are the reasons why these cases are so rare: It is difficult for a … Read more
If you have recently lost income or acquired an excessive amount of unmanageable debt, filing chapter 7 bankruptcy may be the right decision for your needs. Understanding the complete legal process will ensure your bankruptcy proceedings are finalized smoothly and efficiently. Counseling Credit counseling is mandatory, so you must undergo these counseling sessions before you … Read more
If you’re considering bankruptcy, you might wonder what the difference is. Personal bankruptcy can be filed with a Chapter 7 or a Chapter 13. A Chapter 7 bankruptcy allows you to walk aways from all your debts. If you file a Chapter 13 bankruptcy, you’ll pay a portion of the debt over 3 to 5 years. If you’re at your wits … Read more
If you need help filing bankruptcy, then a bankruptcy attorney Wylie TX from Collins & Arnove can help guide you through the entire process. Before you meet with the attorney, create a couple lists to take with you. Before you make these lists, stop using your credit cards so that you can prevent accumulating more debt. … Read more