Those struggling with overwhelming debt likely need a break from the stress and strain of creditors. Filing for bankruptcy can help struggling consumers in a variety of ways, including through the automatic stay that can help keep creditors at bay during the process....
The costs of receiving medical care in this country continues to skyrocket. According to one report, healthcare expenses per person in this country have gone from about $350 per year in 1970 to almost $11,600 per year as of the end of 2019, which is an increase of...
The bankruptcy process is a tool that can possibly help struggling homeowners fend off foreclosure. There are different ways that the bankruptcy process may serve to help in circumstances of foreclosure that struggling homeowners should be familiar with. The automatic...
Finances and one’s credit score are important to individuals in Texas and elsewhere. These both can determine if one is able to afford a major purchase like a home or vehicle. However, certain life events can significantly impact one’s credit score. Filing for...
When the economy struggles, it can be difficult for a Texas resident to stay ahead of their financial obligations. If they lose their job, take a pay cut, or suffer an unexpected emergency like a health crisis or accident, they may feel an extra pressure to make ends...
Most Texans who are contemplating filing a petition with the United States Bankruptcy Court are concerned about keeping their house and discharging as many debts as possible. Many people who are filing a bankruptcy petition for the first time are surprised to learn...
Many people in the Houston area suffered major financial setbacks in 2020. For example, they may have been furloughed for a period of time only to come back to work at reduced hours, or they may have lost their jobs altogether. These setbacks may have caused them to...
When residents of Houston file a petition in bankruptcy, they expect to have most of their debts declared uncollectible. Why, then, would a person consider reaffirming any of those debts? The reasons are mostly practical, but the help to be obtained from this choice...
Chapter 13 bankruptcy is one of the common forms of bankruptcy proceedings that individuals use to get out from under their insurmountable debts. The hallmark of Chapter 13 bankruptcy is the repayment plan. This plan is crafted by the debtor with approval from the...
There are many different types of items that people purchase in Houston. Some may me small items for daily life and some can be major purchases like a home or cars. Some of the purchases can be made with the money that people have on in their accounts, but the bigger...