sandra919May 12, 20211 minRight to Dismiss a Chapter 7 BankruptcyIf you file a Chapter 7 Bankruptcy, and later decide that you do not want to be involved in it anymore for any reason, do you have a...
sandra919May 12, 20211 minA Brief Chapter 7 Pro and ConPro: Chapter 7 Bankruptcy does not take long. How long does a bankruptcy take? Under Chapter 7, the entire process from filing to...
sandra919May 12, 20211 minBasic Chapter 13 Time LineDay of Filing Case Begins. Automatic Stay goes into effect. A Trustee is assigned to your case. 30 Days After Filing First payment under...
sandra919May 11, 20211 minToo much debtDo you have too much debt? Are you drowning in debt? Bankruptcy eliminates debt. There are many problems with debt. You can feel trapped...
sandra919May 11, 20211 min15 common reasons people file bankruptcyThe following are 15 common reasons people file bankruptcy: 1) Divorce or separation 2) Death in the family 3) Disability 4) Unemployment...
sandra919May 11, 20211 minSerial filings in bankruptcyWhen a person filed bankruptcy more than twice, that is serial filing. Serial filing does not mean anything bad. It just carries more...
sandra919May 11, 20211 minDriver's license reinstated through bankruptcyBankruptcy is very beneficial in many ways. We recently filed a case where an individual's driver's license was suspended due to being...
sandra919May 11, 20211 minTime line of bankruptcy laws in the USThe following is a time line of official bankruptcy laws in the US: United States Constitution, 1788, states under Article 1, Section 8...
sandra919May 11, 20211 minBankruptcy stops lawsuitsBankruptcy is the strongest law in terms of debit and credit. A colleague of mine often said that bankruptcy is like an atomic bomb,...
sandra919May 11, 20211 minEnron files bankruptcyEnron, an extremely large Houston-based international energy company, filed Bankruptcy on December 2, 2001. This is one of the largest...
sandra919May 10, 20211 min22 largest bankruptcies in US historyThis is a very interesting article we came across. It lists the largest bankruptcies in US history. Interestingly, the largest one was...
sandra919May 10, 20211 minHow does bankruptcy affect credit?A very common question is the relationship between bankruptcy and credit score. Some of the people that are considering bankruptcy...
sandra919May 10, 20211 minWhat I like about the city of HoustonThere are a couple of things I really enjoy about Houston. Here is a partial list: 1) Multiple "downtowns". There are many parts of...
sandra919May 10, 20211 minDo not file bankruptcy without a lawyerFiling bankruptcy without a lawyer is a very dangerous decision to make. You can: lose money (lose much more money than you would had you...
sandra919May 10, 20211 minWhich debts are not eliminated in bankruptcy?Generally, the following debts are considered non-dischargeable in bankruptcy: Taxes Student Loans Debts caused by fraud Recent Cash...
sandra919May 10, 20211 minOver half of bankruptcies are related to illnessA recent study was carried out regarding people who filed personal bankruptcies. The results were not surprising. Over half of...
sandra919May 10, 20211 minWhat you should bring to your first Houston bankruptcy consultationWhen you first set up a meeting with a Houston bankruptcy attorney, you should bring the following documents: A list of all the assets...
sandra919May 10, 20211 minBankruptcy Abuse Prevention and Consumer Protection Act of 2005 ( BAPCPA)Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ( BAPCPA) was enacted in April 2005. BAPCPA made substantial changes to...
sandra919May 10, 20211 minFamous People Who Filed BankruptcyThe following is a list of some famous people who filed bankruptcy: Mark Twain Ulysses S. Grant Henry Heinz (ketchup entrepreneur) Oscar...
sandra919May 10, 20211 min5 Tips to Improve Your Credit After BankruptcyThese are five ways to improve your credit after you filed bankruptcy: Get a credit card and pay it back in full every month on time. If...