Texas imposes fewer restrictions on companies offering payday loans or paycheck advances. As reported by CNBC, payday loans in the Lone Star State carry the highest interest rates in the nation and may reach more than 600% for some borrowers. As noted by Bankrate.com,...
Helping You Navigate Complex Legal Issues
Chapter 7 Bankruptcy
When the cost of medical treatment is too high
Medical bills may mount, especially as you age. Between treatment and prescription medication, sometimes the out-of-pocket costs may make it difficult to pay other bills. The cost of healthcare is high, and even with Medicare, you may find yourself in over your head....
Struggling with debt? How Chapter 7 bankruptcy can help
If you or a family member needs a fresh financial start, filing for Chapter 7 bankruptcy may be the answer. If you qualify, this type of bankruptcy provides immediate protection from creditors and allows you to erase certain types of debt. Know that filing for...
Do women plus student loan debt equal Chapter 7 bankruptcy?
A portion of the approximately 44.7 million people who owe student loans may live right here in Brownsville. Surely, some of them are women. In fact, recent research indicates the odds are high that many of those owing student loans are women. The next question some...
Could personal loans lead to more Chapter 7 bankruptcy filings?
Struggling with finances is something with which many Texas residents can relate. Finding ways to deal with ever-increasing prices for basic needs such as food, shelter and transportation often leads individuals to live above their means more out of necessity rather...
Chapter 7 bankruptcy doesn’t have the same stigma it once did
The financial struggles that Texas residents go through often lead them to a variety of debt relief options. Sadly, many of them will not work for everyone, and those individuals may consider filing Chapter 7 bankruptcy, but worry about how it will look to others....
Sometimes creditors commit violations in a Chapter 7 bankruptcy
When searching for a debt relief option, Texas consumers often search for relief from the calls, texts, emails and other communications from creditors. Those struggling with overwhelming debt do not need the constant reminders of what they already know -- they are...
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...
Will Chapter 7 bankruptcy resolve your financial issues?
These days, it would be difficult to find someone here in Texas who does not have some form of debt. The difference is that not everyone has the capability to repay debts, especially after some sort of financial setback such as a job loss or a divorce. Whether you...