Bankruptcy

How to Stay on Track While Paying off Debts

debt defense attorney

There may not be a better feeling in the world than having the ability to pay off debts. Getting your finances in order is the first step in determining how much debt you can afford to pay off and how quickly you can do so. Sometimes it’s valuable to consult with a debt defense attorney in Houston for advice on keeping the creditors away as you work to reach your goals. When you have a solid and realistic plan in place, it will be much easier to stay on track and slowly chip away at any amount of debt you...

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When Filing for Chapter 7 Bankruptcy May be Your Best Option

chapter 7 bankruptcy attorney

Filing for bankruptcy is generally one of the last things people or businesses want to do when their finances aren’t where they need to be. While it can be seen as giving up, filing for Chapter 7 bankruptcy can actually be a smart decision in some cases. Working with the best bankruptcy lawyers in Fort Worth can help you along the way with getting your finances in order, including knowing when the time is right to file for bankruptcy. Here are some examples of situations where filing for bankruptcy could be your best option. Medical Expenses Have Buried You Medical emergencies are...

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The Impact Bankruptcy has on Children

Texas bankruptcy lawyers

Families who are considering filing for bankruptcy in Texas often think how the decision will impact their children. Of course, there will be some psychological effects on them because of the nature of the situation. But just as importantly, families want to ensure they will still have enough money left to support their children. There are some definite pros and cons when it comes to filing for bankruptcy with children, and Texas bankruptcy lawyers can bring some clarity to every situation. What Happens To Your Child’s Property For the purposes of a bankruptcy proceeding, everything you’ve purchased for your child is considered...

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The Effect Bankruptcy has on Your Retirement Plan

filing for chapter 7

Whether you’re already at retirement age or if you’re younger and seriously thinking about retirement, filing for Chapter 7 bankruptcy in Houston may not be your worst option. Individuals have many different things to consider about their retirement accounts, such as whether they are currently using them or not, if distributions are being taken out and more. Most of the time, a creditor isn’t able to take any money out of retirement accounts, but every situation is unique and requires the expertise of a Houston bankruptcy lawyer. Here are a few points to consider when it comes to the effect...

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Can You File for Bankruptcy More Than Once?

chapter 7 bankruptcy attorney

One of the benefits of filing for bankruptcy is to begin a new financial path free from the stresses of being under mounds of debt. Every Chapter 7 bankruptcy attorney sees new cases every single day, and each of them are unique. Sometimes the reasons why people have to file for bankruptcy are because of poor financial decisions, but other reasons may include unexpected medical bills, job loss or other factors outside of a person’s control. And just because these events happen once doesn’t mean they won’t happen again. Here’s what you need to know about the possibility of filing...

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