Divorce and the Impact it has on Bankruptcy

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When you truly look at divorce proceedings and the financial impact they have on all parties involved, it’s easy to see why divorce is one of the leading causes of bankruptcy in Texas. When a divorce happens, the two salaries that were previously supporting a single household are now supporting two households and lifestyles. This can be difficult on anyone, and Texas bankruptcy lawyers can help shed light on the specific financial impacts a divorce will have on any individual. Here are some of the general impacts relating to divorce and bankruptcy. Why Divorce is a Common Cause of Bankruptcy Going through...

23 July

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How Much of Your Property Will You Lose if You File for Bankruptcy?

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in Bankruptcy

The scariest feeling many people who are filing for bankruptcy in Texas have is losing all of their property. The truth is this is very rarely the case for a few reasons. There are exemptions in place that allow most people to keep their possessions enabling them to live a fairly normal life. In other words, you won’t be homeless if you file for Chapter 7 bankruptcy. A Houston bankruptcy lawyer can explain more to you about your specific situation, but here is some information about what property you can expect to lose and keep if you file for bankruptcy. Most...

07 May

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How to Tell When Bankruptcy is Your Best Choice

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in Bankruptcy, Lawsuits

It’s only natural to experience financial challenges of varying degrees at some point in your life. However, some circumstances may lead to you having to look at other options if you can’t seem to get out from under your debt. No one wants to file for bankruptcy in Texas, but sometimes an unexpected medical emergency or other major events can cause serious financial complications. While bankruptcy shouldn’t necessarily be your first choice, it can often be your best choice. Here are some ways to tell when filing for bankruptcy in Texas may be your best option. Using Credit Cards For Necessities People...

30 April

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The Advantages of Hiring a Payday Loan Attorney

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in Lawsuits

Having a big mound of payday loan debt can be overburdening for anyone. Sometimes it may get to the point where it seems like nothing you can do is helping, so you have to look for other alternatives. Debt collectors aren’t going to stop calling, and the legal consequences won’t stop piling up. Hiring a payday loan attorney in Houston could be your best solution for mitigating your debts and getting back to having a normal life financially. Here are some of the main advantages of hiring a payday loan lawyer. Put A Halt to Collection Calls When a debt collector or...

23 April

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How to Stay on Track While Paying off Debts

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in Bankruptcy, Lawsuits

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...