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...
U.S. consumers have racked up more than $100 billion in revolving debt since the financial crisis, and at the end of 2018 they owed credit card companies almost $900 billion. These are among the sobering facts that can be found in a recent Consumer Financial...
Filing for Chapter 13 is one option for a Texas debtor who wants to avoid having their car repossessed. However, an individual would need to remain current on their loan during the proceeding. Furthermore, the past due balance would need to be included as part of the...
Texas residents who are having financial difficulties sometimes choose to pursue debt settlement instead of filing for bankruptcy. Debt settlement companies offer to negotiate with creditors to lower the amount owed or monthly payments in return for a fee, but taking...
Texas residents who are considering bankruptcy do not take their decision lightly. They usually go back and forth determining if it is right for them. Here are some tips to help individuals determine if this is a good step to take for their circumstances. When a...
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...