November 17, 2019

Bankruptcy is nothing new. It is in fact been in existence in the US since the constitution was written. In fact, bankruptcy itself is actually in the constitution. That is the year 1788. The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congre...

November 16, 2019

If your deep in debt, or facing foreclosure or lawsuits, then at least consider it. It might be the solution. It might eliminate your debt so you can get a fresh start. That is the purpose of it and that is what millions of people before you have done. We offer free co...

October 4, 2019

Yes. Bankruptcy stops foreclosure. Filing bankruptcy creates an automatic stay. The automatic stay is a stop on nearly all collection activities, including foreclosure. Once you stop the foreclosure, you can also use bankruptcy to pay back the past due mortgage payment...

September 30, 2019

Remember if you are in debt and do not know what to do, contact a Houston bankruptcy lawyer for a free consultation. A Houston bankruptcy attorney can let you know if bankruptcy is a solution to your financial problems. The consultation is free, confidential, and at th...

August 24, 2019

While these may not be the average incomes, these are the median incomes. Median means denoting or relating to a value or quantity lying at the midpoint of a frequency distribution of observed values or quantities, such that there is an equal probability of falling abo...

August 20, 2019

Everyone that files chapter 7 or chapter 13 bankruptcy is required to attend a meeting known as the 341 meeting of creditors. It used the numbers "341" because it is found in section 341 of the Bankruptcy Code. In and around Houston, all the 341 meetings are held in th...

July 23, 2019

There exists in chapter 13 what is known as the "superdischarge" for debts that arise from a divorce decree. These debts are not for any debts that are related to domestic support obligations. Domestic support obligations in bankruptcy means child support and alimony....

June 4, 2019

There is a law in bankruptcy that allows you to pay the value of your vehicle to the creditor instead of the balance owed to the creditor. This is known as a cramdown. It is an amazing tool that saves many people thousands of dollars. To qualify, your vehicle must have...

May 30, 2019

Bankruptcy and how it may relate to divorce. Should you file bankruptcy before divorcing or after a divorce is final? That is a common question. Unfortunately it cannot be answered without knowing a person's specific situation. Please call us to schedule a free consult...

March 27, 2019

Rest assured, federal law prohibits certain forms of discrimination against people for filing bankruptcy.

See below the statute itself:

11 U.S.C. Section 525 - Protection against discriminatory treatment. 

(a)

Except as provided in the Perishable Agricultural Commodities A...

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©2019 The Rashid Law Firm. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Disclaimer: This Website contains general information. The information on this Website is not intended to be legal advice and viewers should consult with an attorney.