Bankruptcy is a complex legal process that comes with its share of benefits -- and a few drawbacks. On the downside, bankruptcy can have a negative impact on your credit. The good news is, however, no matter how much damage it does, you can always build your credit...
Bankruptcy
What are my alternatives to resolving medical debt?
Medical bills represent a common type of debt, but in some ways this type of debt is quite unusual. This type of debit is common in the sense that many people, including many Texans, are working to pay down medical bills that were not covered by insurance and that...
How can bankruptcy protect your health?
However essential your house, car and other assets seem, they are all replaceable. Your health is not. Yet, it is easy to get into a situation where the assets you own harm your health. The debt you accrue to pay for stuff can wreak havoc on your mental and emotional...
Former NFL player and restaurateur files for bankruptcy
Over the decades, bankruptcy has gone from being a shameful, four-letter word to being accepted as a needed emergency escape hatch. Indeed, legislation has been proposed to lighten the burden of bankruptcy and make debt, like student debt, more easily dischargeable....
How much time must pass before you can file for bankruptcy again?
Managing debt problems can feel like a never-ending battle. This is especially true if one has already gone through a debt solution, such as filing for bankruptcy. This can make the individual feel helpless and like one must live in debt the rest of his or her life....
Differences between Chapter 7 and Chapter 13 bankruptcy
Bankruptcy is a topic that many Texas residents have likely heard of but do not know a lot about. Whether they become familiar with it through television programs or the stories of neighbors and others, many people understand that bankruptcy has to do with dealing...
Do you know the mental toll of excessive debt?
Debt is a crushing force that can have negative implications throughout nearly every aspect of your life. Yet, despite this fact, a lot of people try for years, sometimes even decades, to claw themselves out of debt in hopes of securing financial stability. The sad...
Is it possible to get debt relief for medical treatments?
Many people have been struggling to make ends meet during a difficult economy, and this situation has unfortunately also left millions of Americans with mounting medical debt with no way to pay it off. And for Texans who have fallen ill or had to take care of a loved...
How bankruptcy can restore solvency
Although 2020 is in the rearview mirror, millions of Americans are still struggling to get back on their feet after a year of diminished financial opportunities, medical challenges and mounting debt. For some families in Texas who face daily creditor harassment,...
Discharging student loans in bankruptcy
Each year, it seems that the cost of college tuition is rising. Many students borrow money to attend school and while they have the intention of repaying what they owe, it may be difficult to repay the large balance plus interest that often accrues. For students with...