When Texas residents find themselves in a precarious financial position, they have numerous options for debt relief, depending on their overall circumstances. One option available to many is the filing of a Chapter 13 bankruptcy. Before embarking on this debt relief...
Helping You Navigate Complex Legal Issues
Year: 2019
Should you get a secured credit card after Chapter 7 bankruptcy?
Financial issues are nothing new to residents of Texas. Whether they come about through sudden events such as a job loss, a divorce, or an illness or injury, or through other means, they end result is the same -- calls from debt collectors, struggling to stay afloat...
Not every Chapter 7 bankruptcy ends with a discharge
Overwhelming debt can be a major source of stress and frustration for Texas residents. Many of them turn to Chapter 7 bankruptcy for relief from these obligations, and look forward to the day when they receive their discharge and get to move forward with a fresh...
New legislation protects veterans’ benefits after bankruptcy
The President recently signed a bill that allows veterans to receive disability benefits after filing for bankruptcy. The Honoring American Veterans in Extreme Need (HAVEN) Act, now protects veterans’ disability income so it cannot be seized during bankruptcy....
Could filing bankruptcy save your marriage?
When you planned your wedding, you may have gone over budget a little. Okay, maybe you went over your budget by a lot. In any case, you now have a significant amount of debt related to your wedding that you can't seem to pay off. Money issues are often cited as a...
Was the amount of medical debt a surprise after a hospital visit?
JAMA Internal Medicine recently published the findings of a study conducted between 2010 and 2016 by researchers at Stanford University. It took years thereafter to compile the data. What it discovered is that the number of patients being surprised by large...
Should you turn to Chapter 13 bankruptcy to keep your home?
Getting behind on mortgage loan payments can create a significant amount of stress for a Brownsville resident. The prospect of losing the family home will often cause a homeowner to begin looking for a viable debt relief option. For many people, Chapter 13 bankruptcy...
That morning coffee isn’t your biggest source of credit card debt
When Texas residents consider how to reduce their monthly budget, many people will tell them to cut out their morning coffee to save money. While that may be a good idea, it probably is not consumers' main source of credit card debt. Other luxury items seem to surpass...
Could a workout agreement protect a homeowner from foreclosure?
For whatever reason -- a job loss, an illness or some other calamity -- Brownsville homeowners could find themselves struggling financially. It may become a challenge to meet the demands of a mortgage lender during this time. A homeowner may believe that it is...
Medical debt is a leading cause of bankruptcy
Recovering from the great recession did not include saving up for major health care expenses. Most people here in Texas and across the country felt fortunate they managed to get through it with their homes, their jobs and perhaps, some savings. Even so, an unexpected...