When people in Houston struggle with excessive amounts of personal debt, they may turn to bankruptcy to find a new path to financial freedom. There are several factors that can help people determine whether filing for a Chapter 7 bankruptcy is the best option for...
Month: March 2019
Qualifying for Chapter 13 bankruptcy
Filing for bankruptcy isn't an easy decision for anyone in Texas considering this option to manage debt. Once it's decided to explore options with Chapter 13, many people have questions about the details associated with this approach to bankruptcy. With income, there...
About Chapter 7
Bankruptcy may be an option for Texas residents who have significant debt that they are unable to pay. One type of bankruptcy, Chapter 7, is the most frequently filed bankruptcy. Chapter 7 bankruptcy is known as a liquidation bankruptcy because it uses the proceeds...
Benefit your business with a chapter 7 bankruptcy
Though once a taboo topic, bankruptcy is now receiving recognition as the tool that it is meant to be. In many cases, it can aid people in gaining the fresh financial start they need. In particular, a Chapter 7 bankruptcy can be helpful for entrepreneurs. For those...
Debt impacts every age group
The acceptance of debt as commonplace in everyday life seems to be a new reality for many Texas residents. According to recent studies, individual debt continues to rise among nearly every age group in the country. An analysis of what kind of debt and how much debt is...