Stay up to date with the latest news in bankruptcy law, financial regulations, and more.

Five Steps to Find the Right Bankruptcy Lawyer

If you have made the decision to hire bankruptcy lawyers in Ft. Worth or Houston, it is important for you to select the right attorney for the job. However, since no two attorneys are created equal, it is a good idea to consider a few factors first. Finding the right person to help you with the process will ensure your efforts are successful and as stress-free as possible. Seek Recommendations from Friends and Family Members There are quite a few bankruptcy lawyers and many obtain new clients through referrals from other debtors they have represented in the past. If you have any...

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Are You Eligible to File Under Chapter 7 Bankruptcy?

Today, there are a large number of people who have found themselves in financial hardship. If you are one of these people, then you may discover filing for Chapter 7 bankruptcy is the best option for your particular situation. Chapter 7 bankruptcy is one option that is authorized by federal law and often referred to as a liquidation bankruptcy. It's called this because unlike in a Chapter 13 bankruptcy filing, there is no type of repayment plan established. Instead, the assets that are not protected by law will be collected by a trustee and then they will be sold to pay part...

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