The inability to meet financial obligations is something that many Texas residents experience at one time or another. Some people are able to recover from these circumstances, but others cannot. In those cases, they may consider filing for Chapter 7 bankruptcy, but...
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Chapter 7 Bankruptcy
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...
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...
Do creditors violate the Chapter 7 bankruptcy automatic stay?
Being overwhelmed by debt creates a constant struggle for many Texas residents. Phone calls, threats of lawsuits and more only serve to make the situation worse. For this reason, many of them decide to file for Chapter 7 bankruptcy, partly in order to take advantage...
Would debt settlement help more than Chapter 7 bankruptcy?
This is not an easily answered question, but Texas residents considering their debt relief options need to understand the substantial risks involved in debt settlement. Far too many people have ended up in the same or worse financial circumstances after trying this...
Rebuilding a financial life after a Chapter 7 bankruptcy
Financial problems are nothing unusual for consumers here in Texas and elsewhere. Debt can get extremely overwhelming and, for many people filing for Chapter 7 bankruptcy, could provide relief from the situation. What makes several of them hesitate is thinking that...
How can an attorney help with a Chapter 7 bankruptcy?
By the time many Texas residents realize they have financial problems, the situation is already overwhelming. If you are one of these people, then you know how stressful, frustrating and even frightening the situation can be. You want to file for Chapter 7 bankruptcy,...
Be careful not to jeopardize a Chapter 7 bankruptcy discharge
Finding a way to resolve financial difficulties can help relieve the stress that most Texas residents feel under these circumstances. For many, filing for Chapter 7 bankruptcy is the right debt relief option, and they expect to walk away with a fresh financial start...
How often can Chapter 13 or Chapter 7 bankruptcy be filed?
It is nearly impossible for Texas residents to predict when they will encounter serious financial difficulties. Perhaps a consumer had this problem in the past, and used Chapter 7 bankruptcy in order to gain a fresh financial start. Things may have gone well for some...
Chapter 7 bankruptcy issues: Bank levy and garnishment
Getting behind on financial obligations happens to many people, including Texas residents. These issues often arise out of some sort of crisis that drains financial resources such as an illness, an injury or job loss, among other things. When this happens, some...