The means test is one of the most important forms you can file in bankruptcy. It takes your last 6 months of income and your expenses and determines what type of bankruptcy you will qualify for and what your monthly bankruptcy payments might be (in… Read More »Understanding The Means Test And How It Affects Your Eligibility To File For Bankruptcy
The idea of filing bankruptcy can be stressful. It’s usually the last resort but bankruptcy can help transform a person’s financial life. The entire purpose of bankruptcy is to get a fresh start. Often times people are in what I call financial prison. They are… Read More »How To Determine If Filing Bankruptcy Is The Right Choice For You
Dallas Bankruptcy Attorney – Advice on making your bankruptcy go smoother Are you overwhelmed by debt and considering filing bankruptcy in Dallas, Texas? It can be a difficult decision that can provide relief and the ability to start fresh financially. That being said, knowing what… Read More »5 Tips When Filing Bankruptcy in Dallas – From A Bankruptcy Attorney in Dallas
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
Chapter 7 and 13 Under a Chapter 7 filing your credit report will show the bankruptcy you filed for up to 10 years. Under a Chapter 13 your credit report will show the bankruptcy for up to 7 years. The limits listed above are the… Read More »How Long Will A Bankruptcy Stay On My Credit Report History?
Chapter 7 Timeline: What to Expect When you speak with our office for an initial consultation, our attorneys will discuss your options and how you can proceed forward. Once you retain our office for a Chapter 7 Bankruptcy the following happens: We set an appointment… Read More »Timelines of Chapter 7 and Chapter 13 Bankruptcy
In general, student loans are nearly impossible to get discharged through a bankruptcy proceeding, and doubly so when the loan is related to the Federal government. What does this mean from a broad picture perspective? Traditionally Speaking: Federal loans are strict, which means that when… Read More »How Bankruptcy Impacts Your Student Loans
The short answer, is it depends. Like most things while in Bankruptcy the way they are addressed can help you retain your refund. First everyone must recognize that no one Bankruptcy case is the same and every case can vary depending on your own personal… Read More »While In Bankruptcy, Can You Lose Your Tax Refund?
The number one reason why most people never consider bankruptcy is because they think it will destroy their credit and their ability to get credit in the future. But this isn’t true. Bankruptcy is a legal way for you to responsibly address your financial situation.… Read More »How Does Chapter 7 and 13 Bankruptcy Affect My Credit?