Many consumers who end up filing for either a Chapter 7 bankruptcy or a Chapter 13 bankruptcy plan may wait a while before making the decision to do this. One reason for the hesitation is the fear that a bankruptcy will create long-term damage to a person's credit...
Bankruptcy
What non-physical ways do debt collectors threaten people?
What do Texas residents do when they find themselves facing hard financial times? They may also deal with extra hurdles. In some cases, these hurdles may include debt collectors. Though debt collectors are not supposed to harass you, that does not mean they abide by...
The FDCPA protects you against creditor harassment
If you owe money to creditors, you may be under the impression that said creditors have few restrictions on when and how often they can call you. After all, you owe them money and they have the right to remind you. In fact, most people are familiar with debt...
Should I get a secured credit card after bankruptcy?
Declaring bankruptcy may simultaneously be one of the hardest and best things that you ever do. Going through bankruptcy can help you get the financial clarity you need to move forward with your life. However, it can be confusing trying to figure out what the best...
What are ways to keep yourself safe from credit card debt?
Texas residents may fall into debt due to many circumstances or situations. Credit card debt is a common issue many people face. Once you get back out of debt, many people ask themselves how to avoid falling into it again. Today we will look at the answer to this...
Non-profit hospitals, low-income households and medical lawsuits
The public debate about the broken healthcare and medical insurance system rages on, and will likely continue into the foreseeable future. And now, people who are already struggling to survive under the burden of hospital bills are facing an ironic crisis: lawsuits...
Assets included in the bankruptcy estate
The law includes some assets of the debtor in the bankruptcy estate. According to Bankruptcy In Brief, the bankruptcy laws provide a laundry list of the types of assets that come into the estate. Generally, it is all assets of the debtor acquired prior to the filing...
How bankruptcy may affect your taxes
For many people, tax time is a good time because they get back a healthy return that puts some extra money into their pockets. If you are currently in bankruptcy, though, it may affect your taxes and your refund. Keep in mind that the bankruptcy court has control over...
Which bankruptcy is best for me?
When individuals are deciding to undertake the process of bankruptcy, it is important to plan carefully. Bankruptcy offers many advantages, and the main one is a fresh start. However, there are multiple ways to go about organizing your future financial life with a...
Finding the motivation to file for bankruptcy
For some people, the decision to file for bankruptcy is a simple one and there is little doubt that doing so is in their best interests. Moreover, some people have a relatively straightforward experience and successfully move through the process without significant...