Debt is a problem that comes with a number of consequences. This includes garnishment of your income or bank account. When financial instability makes it difficult to pay the bills and creates concerns about the future, it can quickly lead to the accumulation of credit card debt. When the problem goes unaddressed, creditors and debt [...]
Debt and financial problems can make it difficult to keep up with obligations, including the ability to pay a mortgage. For some people, especially those who bought homes the height of the housing market boom, these problems can be exacerbated by high mortgage payments for a property that is no longer worth as much as [...]
Problems and finances and debt can lead to numerous challenges and issues to be handled, from foreclosure to utility shutoffs to repossession. In addition to these symptoms of debt, some individuals may also face legal actions for not paying bills and other types of debt. When they fail to address these legal actions, creditors or [...]
Bankruptcy is a powerful legal tool that has helped many unfortunate debtors emerge from seemingly insurmountable debt. Because bankruptcy can be an immensely advantageous tool to those experiencing financial difficulties, some consumers tend to think that once you file bankruptcy, you can’t file again. This simply isn’t true. While every case is different, the U.S. [...]
Filing for a personal bankruptcy can be a major life event. After all, for six to nine months, or even longer in some cases, you are expected to provide bankruptcy courts and lawyers with all of your financial documentation and meet obligations established by the court. You may constantly worried about whether or not your [...]
You're getting squeezed by your debtors. There's not an hour that goes by when you don't receive harassing phone calls from collections agencies. Every time you open your mailbox, you are met by a cascade of final demands and urgent notice letters, all of which document exactly how much you owe and to whom. If [...]
When you choose to files for bankruptcy, you can file with a lawyer or "pro se." Many who choose to file without legal representation may opt in doing so in hopes of saving money. However, for those who are not as familiar with the process, handling this on your own may come with consequences that [...]
While bankruptcy can be intimidating, filing may be your first step towards achieving financial freedom. Once you make the decision to file for Chapter 13 or Chapter 7 bankruptcy, the next big step is to prepare to meet with a highly skilled bankruptcy lawyer. Why is Important to Prepare Before Your First Meeting? To begin, [...]
Dallas Business bankruptcy lawyers discusses about debt relief options - Owning and operating a business is no easy task – no matter the industry. In fact, statistics show that business owners in certain industries – such as restaurants – face incredibly tough odds when it comes to getting off the ground or achieving solid financial success. With the need [...]
Financial troubles can happen to anyone at any time. Even the most financially conscientious individuals can be struck by an unexpected circumstance like an illness or job loss. If you are struggling with debt and are unable to keep up with your bills, you may be wondering if bankruptcy is the answer. Below, we have [...]
