Rebuilding Your Credit After Bankruptcy Rebuilding your finances after bankruptcy might seem like an impossible task. After all, once you have the mark of bankruptcy on your credit score, there's no way you can enjoy a healthy financial life again - right? Actually, while your credit score after a bankruptcy might be at an all-time low, [...]
Bankruptcy and Your Retirement Account People who are in a financial situation where bankruptcy is a possible solution should learn the facts about how their retirement funds will be treated. Knowing how your retirement accounts will be treated in a bankruptcy may be all the information you need to make that decision of whether to [...]
The Bankruptcy 341 Meeting If you file for bankruptcy you can expect to attend what's called a 341 meeting. This meeting gives both the person filing for bankruptcy and the creditors a chance to get together and speak with the bankruptcy trustee about the debts that are owed. The trustee is neither on the creditors [...]
Most people use bankruptcy as a tool to help them recover from bad planning, foolish spending and/or unfortunate circumstances and start fresh. But what about people who don't really need to start over, elderly people who have been diligent about paying their bills all of their lives until they suddenly find themselves in a financial [...]
When it comes to bankruptcy advice, it seems plenty of people are giving it - but not all of these people are actually qualified to be dispensing the kind of advice that could have such an impact on your credit score, your finances, and your life in general. Bad Bankruptcy Advice is Everywhere From the [...]
Filing Bankruptcy and Saving Your Marriage Financial stress is one of the biggest causes of divorce in America. Job loss, underemployment, medical debt and delinquent taxes can cause marital rifts which threaten the marriage with dissolution. But many bankruptcy debtors have found Chapter 7 and Chapter 13 bankruptcy can relieve some of the financial stress [...]
Signs of an Impending Bankruptcy When it comes to declaring bankruptcy, it's typically not the immediate financial behaviors that land you in hot water - rather, it's been months or years of poor money judgments that planted the seeds of an impending bankruptcy. But for some individuals, it doesn't matter how obvious it's become that [...]
There are a few different types of bankruptcies that you can file. Each form of bankruptcy has its own qualifications and comes with some benefits and pitfalls. This means that before you even decide to file for bankruptcy you should speak with one of the experienced bankruptcy attorneys at Allmand Law to weigh your options [...]
When to Delay Filing Bankruptcy You should consult with one of our Dallas bankruptcy attorneys or Fort Worth bankruptcy attorneys before you decide to file for bankruptcy and they can help you determine if this is the time to file or if you should wait a while. Some of the valid reasons you may want [...]
Filing for bankruptcy is a big decision in your life, for some it is the best option for getting out from under debt, for other people it's not a good decision as they could pay off their bills with some financial counseling. For people who are still not sure if bankruptcy is right for them, [...]