If you are struggling with debt and considering bankruptcy, you may wonder which type of bankruptcy is best for your situation. In this blog post, we will explain the main differences between Chapter 7 and Chapter 13 bankruptcy, and how they affect your eligibility, discharge… Read More »The Differences between Chapter 7 and Chapter 13 Bankruptcy
Can you purchase a home after your bankruptcy is over? The short answer is ABSOLUTELY! I have had hundreds of clients successfully purchase homes after they received their bankruptcy discharge. The bankruptcy discharge is what you receive once you have completed your bankruptcy. If you… Read More »Buying a House After a Chapter 7 Bankruptcy
When you file bankruptcy, you are required to disclose all of your assets. This includes any inheritance you may receive (even if you have not received it). The most important fact regarding an inheritance is when the person passed away. If you receive the inheritance… Read More »How Bankruptcy is Affected by Inheritance
The idea of bankruptcy is scary. There is a negative stigma associated with it and most people do everything in their power to avoid having to consider it. However, a lot of the fears associated with bankruptcy are unfounded and simply put, are not true.… Read More »3 Biggest Fears of Filing Bankruptcy (and what to actually do about them)
Outside of Bankruptcy, Creditors have a lot of power. If they file a lawsuit and obtain a judgment, they can severely impact your life and your finances. The first thing a judgment creditor can do is garnish your bank account. In some situations, depending on… Read More »Creditor vs. Debtor Rights in Texas
For most people, considering filing bankruptcy is extremely stressful. You are dealing with creditors calling you, lawsuits being filed against you and your credit score tanking. In addition to that, there is the stigma associated with bankruptcy. Filing bankruptcy for many people feels like they… Read More »Dealing With The Stress Of Bankruptcy
Chapter 7 First, let’s start with a Chapter 7 Bankruptcy, which is also known as the liquidation chapter. In a Chapter 7 bankruptcy, you want to get rid of your debt in the fastest way possible. A chapter 7 allows you to discharge your unsecured… Read More »Chapter 7 or Chapter 13 bankruptcy? – Texas Bankruptcy Laws
