Articles specifically discussing Chapter 7 bankruptcy cases filed in Texas.
Chapter 7 bankruptcy allows debtors to discharge many types of debts. Some debts are always discharged. For example, unsecured claims like credit cards, medical bills, and pay day loans are automatically discharged, which means the debtor is no longer liable… Continue Reading
Chapter 7 bankruptcy is a great way to eliminate debt. Debtors list their assets, protect their assets using the exemptions available to them in the state in which they live, and then receive a discharge. In Texas, we have very… Continue Reading
Debtors in Chapter 7 bankruptcy are typically in a hurry to complete their bankruptcy case and move on with their lives. For most debtors a bankruptcy case is essentially over once the discharge order is signed. However, in asset cases… Continue Reading
Credit ratings are used to determine the risk to the lender of loaning money to a borrower. However, the score by itself isn’t the only factor that lenders consider. Lenders also consider how much debt the borrower has and their… Continue Reading
If you are thinking about filing Chapter 7 bankruptcy then chances are good that you are in financial trouble. When potential clients ask me whether I think they should file bankruptcy, I usually ask them what will happen if they… Continue Reading