Helping Them Understand That You've Made a Good Decision When wrestling with unmanageable debt, whether because of a job loss, medical bills, or divorce, one thing that might hold you back from getting bankruptcy protection is the fear of how friends and family will respond. You may worry that you'll let them down or that they'll think less of … [Read more...]

The Property You Can Keep When You File for Chapter 7 in Texas When you seek to permanently discharge debts in a Chapter 7 bankruptcy petition, part of the deal is that you must turn over to the bankruptcy court certain property that can be sold to satisfy your creditors. You do, however, get to keep some property that is exempt. Federal law has … [Read more...]

Can You Lose Your Job If You File? Will It Disqualify You from Future Employment? For many people facing unmanageable debt, there's a fear of filing for bankruptcy protection. That fear is based on concerns of job loss and negative impact on future employment opportunities. Can an employer terminate you for seeking protection under the bankruptcy … [Read more...]