Chapter 13 Bankruptcy and Divorce If you and your spouse filed Chapter 13 bankruptcy and now you are filing for divorce, there are a few options to consider depending on the situation. A divorce is known for affecting different things in your life including ownership of property and finances. It is likely your divorce will [...]
If you are finding it difficult to keep up with business debt obligations but want to keep your business running, bankruptcy may help. The type of bankruptcy you choose to file could impact the outcome but it also depends on how your business is structured. Whether you are considering Chapter 7 , Chapter 11 or [...]
Filing Bankruptcy on Your Own Debtors considering filing bankruptcy on their own may think it can help them save money. While you may be able to file on your own, there are certain situations where it is best to have legal representation. Most debtors choose to work with a bankruptcy attorney when they realize how [...]
For any 18 year old, it is scary enough having to deal with their future responsibility of finances. You can only imagine how much more difficult it may be for someone turning 18 that has had an illness ever since childhood. Unfortunately, the burden of children accumulating medical debt is on the rise. Some children [...]
Mortgage loan interest rates are again dropping to really appealing lows which may have you wondering if refinancing your home is a wise decision. The rule of thumb is that you should only refinance if you can lower your interest rate by at least two percentage points. As with all rules of thumb this is [...]
Suing for Money Owed Without a Contract If you rushed into a business transaction or loaned money to a friend in need and haven’t been paid back, you may have questions about suing for money owed without a contract. Just watch an episode of People’s Court or Judge Judy and you’ll see that, yes, you can sue over a [...]
This week Warren Sapp's Chapter 7 bankruptcy case was completed after filing in April earlier this year. When he filed his petition he had an overwhelming amount of debt totaling close to $7 million. Sapp's assets were just over $6 million which included personal items of value such as a signed boxing glove by Muhammad [...]
Small business owners who consider bankruptcy protection may wonder if creditors may decide to pursue a spouse for outstanding debt when the business seeks protection. There are a few aspects to consider that may help determine if your spouse is also liable. It depends on whether or not you reside in a community property or [...]
If you're unemployed and have been for a long time then you may be ready to pursue another career path in the hopes of getting a job sooner and possibly pursuing a profession you've always been interested in. If you're thinking about a new job, make sure you're selecting a field that will have a [...]
With the upcoming election, thousands of voters in Texas have a variety of woes facing them. This infographic will teach you about some of the big issues in Texas and how they could play a part in how voters react in the upcoming election. Call for a free bankruptcy consultation
