Houston Bankruptcy Lawyer About Us Resources Free Case Evaluation Contact Us
Instantly Connect to our office. Visit our Blog

Bankruptcy Blog

Benefits in filing a Chapter 13 Bankruptcy

Benefits in filing a Chapter 13 Bankruptcy A chapter 13 bankruptcy is considered a reorganization bankruptcy. It becomes a repayment plan that is anywhere between 3-5 years. It helps paying off some ...
Continue reading "Benefits in filing a Chapter 13 Bankruptcy" »

What are the three credit reporting agencies in the U.S.?

What are the 3 credit reporting agencies in the U.S.? They are legally called Consumer Reporting Agencies. They are for-profit business and are not government agencies, nor affiliated with any ...
Continue reading "What are the three credit reporting agencies in the U.S.?" »

Debt and its effects on your kids

First of all, this blog entry is not fear mongering, and this is not to try to convince anyone to file bankruptcy. This is simply a forward to an article on a study done by the University of ...
Continue reading "Debt and its effects on your kids" »

Bankruptcy and how it may relate to Divorce

Bankruptcy and how it may relate to Divorce Divorce is a blame game. A high percentage of people in America often come to lawyers after a bankruptcy to file for divorce, and our question is ...
Continue reading "Bankruptcy and how it may relate to Divorce" »

Lawsuits and Judgments: Is it too late to file for Bankruptcy?

Lawsuits and Judgments: Is it too late to file for Bankruptcy? Receiving a lawsuit from a third-party collection agency is common for people who are in debt with credit cards, car deficiency balances, ...
Continue reading "Lawsuits and Judgments: Is it too late to file for Bankruptcy?" »

Learn about bankruptcy.

Learning is great. Knoweldge is power. Seek knowledge from the craddle to the grave. So, where can you go to learn more about whether or not to file bankruptcy? You can read this website and this ...
Continue reading "Learn about bankruptcy." »

Emergency Bankruptcy Filing

When you need to file bankruptcy immediately to stop a foreclosure or a repossession or for other reasons, consider filing an emergency bankruptcy case. Also known as an Urgent bankruptcy.
Continue reading "Emergency Bankruptcy Filing" »

How to choose the right Houston bankruptcy lawyer

The following are things to look for in choosing a bankruptcy lawyer: 1) Will you meet the lawyer immediately and talk with the lawyer only during the initial meeting, or will you meet a paralegal? At ...
Continue reading "How to choose the right Houston bankruptcy lawyer" »

Common bankruptcy terms

ADVERSARY PROCEEDING A lawsuit arising in or related to a bankruptcy case that is commenced by filing a complaint with the bankruptcy court. ASSUME An agreement to continue performing duties under a ...
Continue reading "Common bankruptcy terms" »

The duties and responsibilities of a debtor under chapter 7 in Houston and attendance at the 341 Meeting of Creditors in Houston

In Houston, Texas, in either a personal or corporate bankruptcy, the Debtor (or its representative(s)) has on going legal obligations to the Trustee, the creditors and to the Bankruptcy Court. Failure ...
Continue reading "The duties and responsibilities of a debtor under chapter 7 in Houston and attendance at the 341 Meeting of Creditors in Houston" »

Main difference between a chapter 7 and a chapter 13.

One of the first questions people ask us in our Houston bankruptcy law firm is the following: What is the difference between a chapter 7 and a chapter 13 bankruptcy? There are a lot of differences, ...
Continue reading "Main difference between a chapter 7 and a chapter 13." »

Can you discharge student loans in bankruptcy?

Can you discharge student loan in bankruptcy? Usually no. To discharge student loans you would need to bring forth an adversary proceeding in your case, and be able to meet all the elements of the ...
Continue reading "Can you discharge student loans in bankruptcy?" »

Bankruptcy filings are down.

Bankruptcy filings are down in the United States. See the May 2016 AACER bankruptcy data reported by Epiq System for more information. The least amount of bankruptcies were filed in May 2016 compared ...
Continue reading "Bankruptcy filings are down." »

How to get rid of debt.

How to get rid of debt: There are many ways to get rid of debt. Among them is what we do here at the Rashid Law Firm in Houston, which is bankruptcy filing. We help people file bankruptcy under ...
Continue reading "How to get rid of debt." »

Can I keep my car if I file bankruptcy?

Can you keep your car if you file bankruptcy? Usually, in most cases, yes. You can usually keep one vehicle per licensed driver in the household in Texas. If you owe a debt on the car, for example, if ...
Continue reading "Can I keep my car if I file bankruptcy?" »

Will I be able to buy a house after I file bankruptcy?

Will I be able to buy a house after filing bankruptcy? Yes, you can buy a house after you file bankruptcy. If you want to buy a home after filing bankruptcy you should make sure you rebuild your ...
Continue reading "Will I be able to buy a house after I file bankruptcy?" »

Filing Bankruptcy before Marriage, Should I or Shouldn't I?

Filing Bankruptcy before Marriage, Should I or Shouldn't I? Money is the most common source of conflict during a marriage. So the question is, should you file before getting married? Our answer is ...
Continue reading "Filing Bankruptcy before Marriage, Should I or Shouldn't I?" »

How do we benefit in hiring an attorney to represent us in a bankruptcy?

How do we benefit in hiring an attorney to represent us in a bankruptcy? Can we file our own bankruptcy? The answer is yes, we can. We are allowed to do so, but the real question is, if we file our ...
Continue reading "How do we benefit in hiring an attorney to represent us in a bankruptcy?" »

Future Retirees' and Senior Citizens filing for Bankruptcy

Future Retirees' and Senior Citizens filing for Bankruptcy Seniors filing for Bankruptcy Retirement seems impossible by the way the economy is going. A lot of things factor into future ...
Continue reading "Future Retirees' and Senior Citizens filing for Bankruptcy" »

Millenials and bankruptcy

Millennials and Bankruptcy Millennials are filing more and more for bankruptcy every year. Even though millenials have a higher college graduation rate than their predecessors, graduating from college ...
Continue reading "Millenials and bankruptcy" »

The definition of debt.

The definition of debt. An amount of money that you owe to a person, bank, company, etc. The state of owing money to someone or something. A duty or obligation to pay money, deliver goods, or render ...
Continue reading "The definition of debt." »

Marriage and Debt and Divorce

Therer are studies indicating that if 50 percent of marriages end in divorce, then 45 percent are the odds of a marriage ending in divorce due to finances. A full disclosure of what debt each partner ...
Continue reading "Marriage and Debt and Divorce" »

Bankruptcy Statistics

Bankruptcy Statistics A lot of cases of bankruptcy are not caused by crazy or reckless spending, but by financial hardship. Many lower-income individuals who simply can't afford to deal with ...
Continue reading "Bankruptcy Statistics" »

Bankruptcy may save your Home from Foreclosure, True or False?

Sometimes you hear from a neighbor, family member or even a co-worker that bankruptcy may help you save your home. But is it true, or just too good to be true? It is True! Bankruptcy may bring a ...
Continue reading "Bankruptcy may save your Home from Foreclosure, True or False?" »

Does Filing for Bankruptcy help?

Does Filing for Bankruptcy help? Bankruptcy receives a lot of negative publicity. There is very little talk about the positive side of bankruptcy. Millions of people have filed for bankruptcy ...
Continue reading "Does Filing for Bankruptcy help?" »
Chapter 7 Bankruptcy
Member of

Se habla español. Abogado de bancarrota en Houston.

Professional Web Design