December 20, 2018

How much is the U.S. Prime Rate? It usually is about 3 percent higher than the federal funds rate.   

Vehicles that are crammed down, paid through a chapter 13 trustee in a chapter 13 payment plan usually receive interest at the U.S. Prime Rate, or sometimes w...

October 11, 2018

1) Will you meet the lawyer immediately and talk with the lawyer only during the initial meeting, or will you meet a paralegal? At the Rashid Law Firm, you will meet the lawyer. 

2) Will your lawyer go the the meeting of creditors? At the Rashid Law Firm, your going to...

August 16, 2018

Yes, it can. If you file a bankruptcy under chapter 13, you may be able to lower your vehicle payments depending on several factors. The interest rate, the balance, the amount of time you have had the vehicle, any other debt attached to the vehicle, the maturity date,...

June 18, 2018

If you are interested in filing bankruptcy in Houston, remember at the Rashid Law Firm the 1st consultation is free, friendly, and with a bankruptcy lawyer. Our Northwest office is open Mondays and Fridays by appointment, and our Gulf Freeway office is open Mondays, Tu...

May 8, 2018

Bay Area Regional Medical Center announced that they will close and will file bankruptcy. There are many doctors, nurses, technicians, staff, and other employees that are allegedly still owed payment. The bankruptcy could be filed under chapter 7 of the Bankruptcy Code...

April 2, 2018

Southern District of Texas (which includes Houston) business chapter 11 bankruptcy filings ranked third highest in the U.S., only behind Delaware, Southern District of New York, and Northern District of Texas.  One reason for this is because of the energy, health, reta...

March 6, 2018

A high percentage of people in America often come to lawyers after a bankruptcy to file for divorce, and our question is "why?". Couples often blame each other for the current situation. “Because you kept spending and maxing out your credit cards, we ended up in this s...

September 23, 2017

They are legally called Consumer Reporting Agencies. They are for-profit business and are not government agencies, nor affiliated with any government. They are regulated mainly by the Fair Credit Reporting Act, and many other laws. They collect and keep consumers' info...

September 23, 2017

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 of your past-due and current debts and helps you keep valuable property...

September 23, 2017

The reality is that it is impossible to say if you can do a bankruptcy without analyzing your specific situation. In general, there are very, very few restrictions to who can file bankruptcy. The question normally is not "can I?", but "should I?"

The questions would be...

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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.