Many people have heard about bankruptcy, but there is also a great deal of misinformation about the bankruptcy process. These myths may make you unwilling to consider bankruptcy, and knowing the truth about this process could be key to making an informed decision...
FORT WORTH TEXAS BANKRUPTCY LEGAL BLOG
Divorce can take a heavy toll on your finances
If you recently navigated divorce proceedings in a Texas court, you may have already encountered numerous emotional, physical or financial challenges as you adapt to your new lifestyle. If you're a parent, all three issues might be intensified as you do your best to...
Don’t panic about your property when filing for Chapter 7
Making the choice to file for bankruptcy protection is not easy. If you find yourself moving forward with this process, you probably have some significant concerns about how this process will impact your future. Like many others who consider bankruptcy, you may wonder...
Will bankruptcy bring relief after job layoff?
Nothing is certain, but when the economic climate of the country becomes rocky, it is understandable to feel nervous about the future. For many, this may mean worrying about their vacation plans or their retirement. However, if you are already struggling to pay your...
One mistake can turn dead debt into zombie debt
Most debts have an expiration date. If that statement surprises you, you may be among the many in Texas that debt collectors take advantage of by trying to collect a debt that has already reached its time limit. Time-barred debt includes any debt that is too old for a...
How to use your tax refund to file Chapter 7 bankruptcy (part 2)
So you're considering bankruptcy, but you also have a tax refund coming. Your refund probably isn't enough to keep you afloat long-term. Still, you don't want to jeopardize it. Chances are, if bankruptcy is on the table, you need every cent you can get.In part one of...
How to use your tax refund to file Chapter 7 bankruptcy (part 1)
It's tax season, and that means many people are looking forward to receiving a tax refund. You may have already pocketed yours through an advance loan on your refund. When you're struggling to make ends meet, any amount of money can make a big impact.But what if...
Are you one of many Texas residents considering bankruptcy?
There are certain words in the English language that are typically associated with negative stigmas. Bankruptcy is one of those words. How much do you know about it? The first question to ask yourself is whether you really know anything about it, as in actual facts,...
Resolving to get debt free in the new year?
If 2019 presented you with many challenges, you may be happy to see it go. The end of one year often provides promises for better opportunities in the coming year. However, if you are bringing a mountain of debt with you into 2020, you are probably not too optimistic...
How to know if your debt is a problem
Debt isn't always a bad thing. Not many people can own a home without going into debt. Many entrepreneurs take out lines of credit to start their businesses. Student loans allow people to obtain an education that opens new opportunities for their futures. However, it...
