If you have recently lost a main source of income due to unemployment, injury, or a medical condition or you have become overwhelmed by debt and expenses, filing chapter 13 bankruptcy may be right for you. Chapter 7 liquidates your debts, which is extremely helpful for most people, but not everyone will qualify for this … Read more
When it comes to filing for bankruptcy, one of the benefits for potential filers is the automatic stay. If someone gets to the point where the debtor feels he or she has no choice but to file for bankruptcy, it is a safe assumption that he or she is at the point where relief from … Read more
By the time an individual faces Chapter 7 bankruptcy, he or she may have a couple of judgments against him or her for previous unpaid debts. In fact, many of these judgments may have already gotten to the point where wages are being garnished from the debtor’s paycheck. What happens to these garnishments once Chapter … Read more
Being in debt can feel like drowning. Just when the debtor thinks that he or she is ahead, something else happens to make the situation even worse. Many feel trapped and feel like they have to use credit card debt to continue making basic, minimum payments. Some even try to resort to using credit cards … Read more
Many uncertainties go along with filing for bankruptcy. How much is life about to change? The process can be complex and confusing, and many misconceptions exist when it comes to bankruptcy. What happens to the filing party’s house and car? Do they lose these possessions, or can they maintain ownership and possession of them throughout … Read more
Chapter 7 bankruptcy is the ultimate in debt relief, and personal bankruptcy Plano TX can help individuals and families get out from under crushing debts, even if they have low income. Here are just some of the ways a personal Chapter 7 can improve your financial outlook. Personal Bankruptcy Plano TX: 5 Ways Chapter 7 … Read more
If you have been considering the benefits of filing for personal bankruptcy in Plano TX, it is only natural to have some questions. Is this is a good idea? How will it change my life? What will others think of me? There is a lot that goes into filing for bankruptcy. You need to understand … Read more
Being faced with personal bankruptcy in Plano, TX can be devastating. Oftentimes, it seems like life throws you one curve ball after another. The next thing you know you find yourself sunk in a cavern of debt. When the stress of financial burdens becomes too much, filing for bankruptcy may be the best solution to getting … Read more
Consumers who file personal bankruptcy in Plano TX often wonder what the bankruptcy process is like. While bankruptcy cases will be different for every person, there are certain trials every consumer bankruptcy debtor will go through. Collins & Arnove, experienced personal bankruptcy lawyers in Plano TX, offer the following for informational purposes only and caution … Read more
Relying on a personal bankruptcy in lawyer Plano TX can help make the whole bankruptcy process run more smoothly. Choosing to file for bankruptcy in the first place is a difficult decision. Often people contemplate bankruptcy when they are confronted with debt and only limited means of dealing with the problem. When someone is contemplating … Read more