debt defense attorney Tag

3 Strategies to Avoid the Debt Trap

texas bankruptcy lawyers

With how convenient it is to spend money in today’s world, it’s no wonder why so many people are in debt. Credit card debt is steadily climbing, especially as payment options are becoming more convenient and effortless. No one ever wants to talk to Texas bankruptcy lawyers about their financial situation, but it’s becoming more common every day. The good news is with a little strategic planning and discipline, you can be well on your way to avoiding the dreaded debt trap. Here are three effective strategies to consider. Set A Reasonable Budget Everyone’s budget looks differently, since we all have different...

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The Risks You Take in Debt Settlement

debt defense attorney

Having several skipped or missed payments on certain types of debt can lead to collectors calling you around the clock to get their money. Sometimes it can get to the point where you’ll do anything just to stop the harassment. A common way to do so is to work with a debt settlement company and have them negotiate your debt to reduce the amount owed. While this may seem like an ideal scenario on the surface, it’s far from a guaranteed good outcome. Any bankruptcy lawyers in Houston will tell you to proceed with extreme caution if you pursue debt...

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Are All Debts Treated Equally in Bankruptcy?

debt defense attorney

Unless you’re an experienced debt defense attorney, you may not know exactly how your debts will be treated during bankruptcy. It’s important to understand that not all debts are treated equally, so before you file for Chapter 7 or Chapter 13 bankruptcy, working with an attorney to determine a strategy is beneficial in many ways. Most debts can be included when filing for bankruptcy in Texas, but it doesn’t mean they will all be discharged. Here’s what you need to know about how certain debts are treated in bankruptcy. Priority Debts May Not Be Discharged The most common priority debts include vehicle...

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Knowing Your Rights: Are Creditors Harassing You?

debt defense attorney

There’s nothing worse than having debt collectors call you constantly. It can sometimes get to the point where you avoid answering the phone completely if you don’t recognize the phone number. Many people make the mistake of thinking there’s nothing they can do about it, and just allow the harassment from debt collectors to continue. However, when you work with a debt collection defense attorney, you can not only put a stop to the calls, but you may be able to settle your debt for less than what you actually owe. Knowing your rights in these situations will help you...

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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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