What Credit Card Debtors Should Know About The Statute Of Limitations
Credit Card lenders and their debt collectors have a limited amount of time to sue debtors for failing to repay credit card debt. In the state of Texas, the statute of limitations for open...
Three Reasons Why Waiting For Debts To Disappear Is A Bad Financial Strategy
It can happen to the best of us-we lose a job, fall on hard times and our bills go unpaid. But many of us opt to simply ignore our debts instead of coming up...
Bankruptcy Court Rules That Debtors Did Not Abandon Their Home
In the Chapter 13 bankruptcy case of Curry, James K. and Diana M.; In re, a bankruptcy court overruled a bankruptcy trustee who tried to revoke the debtors' homestead exemption by claiming they had...
Why Filing Bankruptcy Without An Attorney Could Be Costly
Both Chapter 7 bankruptcy and Chapter 13 bankruptcy are complex legal systems that require in-depth knowledge of the law. Oftentimes, individuals attempting to file bankruptcy without the help of a bankruptcy attorney make mistakes...
Homeowner Association Foreclosures Becoming More Common In Texas
The number of foreclosures filed by homeowner associations (HOAs) and home equity lenders has risen dramatically this year. Already 350 Dallas-Fort Worth area homes are facing foreclosure sale in May because the owners owe...
Bankruptcy Court Finds Creditors To Be In Contempt For Violating Discharge
In the bankruptcy case of Jarvar, Stanley E. and Barbara J.; In re (Jarvar v. Title Cash of Montana Inc., et al.), the bankruptcy court found Title Cash (the creditors) to be in civil...
Failure To Follow Proper Bankruptcy Procedures Can Be Costly
In the Chapter 13 bankruptcy case of Wilson, David M. and Jamie M.; In re, the bankruptcy court denied the debtors' objection to a creditor's proof of claim and the bankruptcy plan was not...