Bill collectors in Texas and around the country must abide by the provisions of the Fair Debt Collection Practices Act, but many of them do not. The 1977 law strictly prohibits harassment, but individuals struggling with overwhelming debts often receive calls from...
Month: September 2019
The Texas homestead exemption in bankuptcy cases
People who are struggling with unmanageable financial situations are sometimes reluctant to pursue debt relief because they are worried about losing their homes. While this may be a real concern for people living in some parts of the country, it is something that...
Bankruptcy court rejects medical marijuana expenses
People who use medical marijuana in Texas may run into problems in bankruptcy court when it comes time to set up a court-ordered repayment plan. Businesses in the marijuana industry have had trouble seeking bankruptcy protection, even in fully legal states, due to the...
Economic forces behind current decline in bankruptcy filings
The latest report about bankruptcy filings produced by Supreme Court Chief Justice John Roberts indicated that filings have reached their lowest number since 2010. Prior to 2010, consumers had sought bankruptcy protection in increasing numbers due to the financial...
New law increases bankruptcy protections for veterans
Military veterans make up about 10% of the population in Texas and around the country, and about 1 in 4 receive disability benefits from the Veterans Benefits Administration. Disability benefits paid by the Social Security Administration are protected from creditors...
Medical bills, the wolf at the door and bankruptcy help
It is no secret that medical costs across the U.S. have skyrocketed or that it affects people of all ages. Even those who have health care insurance struggle. Sometimes, it comes down to a choice between paying medical bills and buying groceries. This is when...