If you have lost a primary source of income or become overwhelmed by debts and basic living expenses, consulting bankruptcy attorneys can help. Filing bankruptcy can be challenging and confusing since most people do not understand the process. An attorney can help you decide if filing for bankruptcy is the right course of action and, … Read more
Filing for bankruptcy in Allen, TX gives you that clean financial slate, but there is also that fear that your credit will now be in shambles for forever. The impact that bankruptcy will have on your credit will fade as the years pass, and there are things you can do to help. Here are four … Read more
If you are experiencing financial distress due to the loss of income or developing an overwhelming amount of debt and monthly bills, bankruptcy may be an option for relief. While it is wise to weigh out the pros and cons with an attorney, you must understand which debts a Chapter 7 or Chapter 13 bankruptcy … Read more
If you’re considering bankruptcy, there are things you need to know. The first thing you’ll need to decide is which bankruptcy to file. In a Chapter 7 Bankruptcy, you can discharge your unsecured debt. Secured debt may be sold by the trustee to pay off the debt. Keep in mind that you’ll be able to keep one car and one home. The trustee may sell … Read more
Living with the inability to pay debt and your basic living expenses can be overwhelming, but millions of people are able to find relief through bankruptcy. During a chapter 13 filing, your attorney will work with creditors on your behalf to design a monthly repayment plan for these debts. While based on your current income … Read more
Will filing bankruptcy help with my student debt? How do I qualify for filing bankruptcy for my student loans? What are my options besides filing for bankruptcy? Student loans are hard to get rid of. However, about 40% of those that file will get at least a partial discharge. You may qualify if you demonstrate … Read more
Having to file for bankruptcy is difficult enough, let alone trying to find the best bankruptcy attorney for your situation. With all of your financial struggles, the last thing you’ll want to do is choose a lawyer that’s not right for you. It’s important to do a little research on the bankruptcy lawyers in your … Read more
Whether you lost your job or accumulated an excessive amount of debt that you cannot pay back, meeting with a bankruptcy attorney may be a smart decision. Each person’s finances are different, so your attorney will need to look over various documents to determine if bankruptcy is a viable option for you and your needs. … Read more
Should you file Chapter 7 or Chapter 13? Some people do not know the difference and it is important to make the right choice. There are certain factors you should consider: household income, the value of your assets and total debt on secured loans. Chapter 7 is a liquidation bankruptcy. It is a good choice if … Read more
If you’re considering bankruptcy, you may be wondering whether you should file a Chapter 7 or a Chapter 13. Most people don’t know the difference and may end up making the wrong choice. Discussing your situation with an experienced bankruptcy attorney in Allen TX is the first step toward deciding which chapter is right for … Read more