A 341 Meeting of Creditors takes place after the debtor has filed for bankruptcy. It is presided over by a representative from the U.S. Trustee's office. Creditors and their lawyers are invited to attend this session to discuss the debtor's assets and liabilities...
Read MoreCredit card debts can be a burden for many Americans. If you're struggling to make ends meet, you may feel like you have nowhere to turn. But there are options available, even if you don't have any money to start with...
Read MoreIf you find yourself in financial trouble, you might find that bankruptcy is the best option to help you get back on your feet. In Texas, there are two common types of bankruptcy that an individual can file for: Chapters 7 and 13. Many people...
Read MoreIf a creditor has filed a debt collection lawsuit against you in Texas, bankruptcy may be the best way to resolve your financial troubles. Filing a bankruptcy will allow you to immediately halt any judicial proceedings currently...
Read MorePeople who are considering bankruptcy often feel embarrassed, scared, and worried. This alone can make the process incredibly difficult. But on top of that, you might be worried that the bankruptcy process will affect your job…
Read MoreMany people worry about how filing bankruptcy in Texas will affect their property, and one question that often comes up is, “can I keep my car?” Each state permits people who file for bankruptcy to save certain “exempt” assets when filing, including motor vehicles. In fact, Texas law allows your household to exempt the total value of one car per…
Read MoreForeclosure! Foreclosure is a scary word with scary consequences. A foreclosure occurs, when the bank or your mortgage lender decides to take back possession of the property they are financing due to you, the borrower, defaulting on your mortgage payments…
Read MoreWhen a bankruptcy is dismissed in Texas, the case is closed out without any of your debts being discharged. The dismissal process begins when the debtor, the trustee, or a creditor submits a motion to request a dismissal…
Read MoreWhen your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…
Read MoreWhen your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…
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