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June 2019 Archives

Owning certain assets may make a Chapter 7 bankruptcy a bad idea

Perhaps a Texas resident has spent several years accumulating certain assets but then falls on hard financial times. With the debt continuing to mount, he or she decides to look into filing a Chapter 7 bankruptcy in an effort to correct the situation. However, if a person owns certain assets, this may not be the right move.

Credit card debt continues to rise in the US

The economy has improved, and when that happens, people tend to loosen their purse strings and spend more money. Unfortunately, this often means incurring credit card debt. It may not surprise many Brownsville residents to know that this type of debt continues to rise across the country, which could end up causing serious financial issues for some.

What to do when being sued for outstanding medical debt

Few people here in Texas, or elsewhere for that matter, have the financial resources needed for extensive, and expensive, hospital care. A sudden serious illness or injury can wipe out a person's finances in no time. That medical debt can follow him or her for months or years. Eventually, not being able to pay that debt could result in one or more lawsuits from medical providers.

What does a Chapter 7 bankruptcy trustee do?

When Texas residents experience financial difficulties, they often feel as though they lost control of their lives. Choosing to file for Chapter 7 bankruptcy protection can help them regain some sense of control and receive a fresh financial start. However, they may continue experiencing that same stress during the proceedings since their fate often rests in the hands of a bankruptcy trustee.

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Limon Law Office
890 W Price Rd
Brownsville, TX 78520

Phone: 956-465-2661
Fax: 956-544-4949
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