There should be more to life than the constant struggle to make ends meet. If you feel like you are living from paycheck to paycheck, you are far from alone. In fact, the average American has more than $90,000 in debt.  Fortunately, with a bankruptcy filing, you may...

The bankruptcy petition that you file may affect the timeframe determining when you may begin applying for new credit. Before applying, however, your existing debts require a discharge, which occurs as soon as a judge signs a court decree. As noted by Forbes magazine,...

If you have significant debt in Texas, you may fear the consequences of failing to pay. Thankfully, you cannot go to jail for most debts. Understanding state law about this issue may help ease your mind or help you plan your next steps. Jail for debts As...

Filing for bankruptcy does not mean losing everything you own. In fact, Texas bankruptcy law allows you to keep most of your personal property. Review the available bankruptcy property exemptions in Texas if you have substantial debt you cannot pay and want to find a...

Financial challenges in retirement have become more common, even among those who begin with assets put back to sustain them. According to Forbes, the rate of bankruptcy filings among people 55 and older is on the rise. More older bankruptcy filers than in prior...

Whether you file for Chapter 7 or Chapter 13 bankruptcy, you can expect to undergo pre-bankruptcy credit counseling. This is an important step in the bankruptcy process. You may file for bankruptcy, but a court will not accept your petition if you do not complete a...

Texas residents like you must manage expenses carefully when going through bankruptcy. This is particularly true of Chapter 13, in which you must stick to a debt repayment plan. If bad habits remain, you may struggle with additional debt on top of what you try to pay...

Facing the thought of foreclosure can be scary, but unfortunately it is not uncommon. Many families in Texas find themselves falling behind on mortgage payments and in debt and more often than not, lenders are not willing to grant homeowners deals or modifications....

Texas residents like you have the right to protect yourself from creditor harassment. Under law, debt collectors can still do their job and try to collect from you. However, there are laws in place that disallow them from turning to threatening or harassing behavior....

Many people feel desperate when their finances start to spiral out of control, and if you are among them, you may be looking for relief in any form. Be wary of those who may try to prey on your situation, though, and learn how to recognize potential debt settlement...