You may have suffered an injury that resulted in mounting medical bills you can’t afford. An unexpected job loss could have wiped out your income and savings (something happening to lots of hard-working Texans during these unprecedented times). A contentious divorce...
Chapter 7
America’s ‘missing bankruptcies,’ and why waiting isn’t always the solution
Many recent news reports about personal bankruptcy focus on the fact that filings are well down this year compared to 2019. In the second quarter of this year, filings were just 60 percent of the average over the previous five years. The government's response to the...
What kind of debt can Chapter 7 bankruptcy discharge?
Bankruptcy is a powerful resource that thousands of Americans rely on to free them of financial hardship every year. There are a lot of misconceptions about what bankruptcy does, and what it gets rid of. Chapter 7 bankruptcy does not eliminate all forms of debt;...
Who can file for Chapter 7 bankruptcy?
Now more than ever, families are struggling to make ends meet. As the past due bills continue to pile up, people may be at a loss – trying to figure out what to do next. For many, Chapter 7 bankruptcy may be an option. Unlike some other forms of bankruptcy, Chapter 7...
4 common bankruptcy myths
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...
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...
