Can Credit Card Debt Be Permanently Discharged? Do You Have To Return Goods Purchased? One of the most common causes of personal bankruptcy is unmanageable credit card debt. Can you permanently discharge credit card debt in a Chapter 7 bankruptcy petition? Are there ever circumstances where you must return the merchandise purchased with the credit … [Read more...]
Reasons Why Your Chapter 7 Discharge May Be Denied
May 28, 2025 by
Failure to Follow Bankruptcy Rules | Non-Dischargeable Debts When you're facing serious financial challenges and have determined that personal bankruptcy is the best way to get a fresh start, you generally have two options—either permanently discharge debt in exchange for the relinquishment of certain assets (Chapter 7) or reorganize your debt … [Read more...]
Should You Choose Chapter 13 Over Chapter 7 Bankruptcy?
April 30, 2025 by
When Is It Better To Reorganize Than To Discharge Debt? If you're a consumer looking for a fresh financial start under U.S. bankruptcy law, you have two basic options: discharge debt through Chapter 7 or reorganize debt under Chapter 13. With Chapter 7, you'll have no further obligation to your creditors, and with Chapter 13, you'll simply make … [Read more...]
Questions To Ask When Considering Bankruptcy
April 24, 2025 by
Factors To Help Decide Whether Bankruptcy Is Right for You You're struggling to make ends meet, either as the result of a divorce, an injury or illness, or the loss of a job. You know that U.S. bankruptcy law is there to help you get a fresh start, but you've never sought protection through bankruptcy before. What questions should you ask to … [Read more...]
Can You Lose Some of Your Property in a Texas Bankruptcy Filing?
April 23, 2025 by
Must You Relinquish Certain Property To Satisfy Creditors? You've lost your job or your company has significantly cut back your hours. Or you've suffered an injury or illness that keeps you from working or requires extensive medical care, which may not be covered by insurance. Or you've gone through a divorce, or your finances have simply gotten … [Read more...]
Frequently Asked Questions about Chapter 13 Bankruptcy Filings
April 16, 2025 by
The Things You Need to Know About Reorganizing Your Debt in Bankruptcy It happens to many of us at some point. An employer decides to close a location and we’re left without a job. A marriage falls apart and we’re now trying to meet our financial obligations with a single income. We get hurt or sick and either have substantial medical bills that … [Read more...]
Frequently Asked Questions About Chapter 7 Bankruptcy Petitions
March 31, 2025 by
Things You Need to Know When Considering Chapter 7 Bankruptcy You’ve hit a rough patch. Maybe you’ve lost your job or been forced to take a pay cut. Maybe you’ve contracted an illness or suffered an injury that makes it difficult or impossible for you to work and meet your financial obligations. Maybe you’re in the middle of a divorce with all the … [Read more...]
Inheritances Received after a Bankruptcy Filing
February 6, 2025 by
Will It Automatically Become Part of Your Bankruptcy Estate? You’ve been sick or injured, lost your job or gone through a divorce and it’s left you financially devastated. As a result, you sought relief under the American bankruptcy laws. Then a loved one died and left you a substantial amount of money. Will your inheritance automatically go into … [Read more...]
A New Year’s Resolution You Can Keep
January 31, 2025 by
Put Your Financial Struggles Behind You With a Personal Bankruptcy Filing Most of us make some resolutions in January, but statistics show they can be difficult to maintain. If you've been facing financial challenges for most or all of 2024, there's a simple step you can take that has the potential to turn your life around. With the assistance of … [Read more...]
