While you may have heard the term "bankruptcy" used as a blanket for describing dramatic steps to reduce debt, what you should know is that there are actually different types of bankruptcy. Understanding the differences of each may enable you to make a more informed...
Bankruptcy can come out of nowhere and affect even the most stable of entities if economic conditions create challenges that are too difficult to manage. While many businesses in Texas go to extensive lengths to strengthen and support their financial structure to...
Some people in Texas may find themselves deeper in debt once the holiday season has come to an end. According to a survey by CreditCards.com, just over half of consumers who are already in debt said they would be willing to go into further credit card debt for the...
Some people in Texas might be among the millions of Americas who are struggling with debt, but they have rights when they talk to debt collectors. According to the Fair Debt Collection Practices Act of 2010, there are only certain hours when debt collectors can call...
Perhaps you just got engaged and would like nothing better than to begin making plans for the wedding. However, putting the big day off for a while may be a reasonable idea since your fiancé has recently filed for bankruptcy. What effect will this have on...
Few things in life have the potential to be more stressful than having insufficient resources to pay your debts. After all, if you cannot pay your monthly bills, you may worry about meeting your basic needs as well as your family's needs. Even worse, your credit...
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...
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...
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...
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...