As many Texas residents know, the two most common methods of bankruptcy are Chapter 7 and Chapter 13. Filing for bankruptcy under either of these two chapters requires an in-depth understanding of bankruptcy laws. The first difference is that while Chapter 7 involves...
While an individual or a business facing insurmountable financial challenges has the option of filing for bankruptcy, the type of bankruptcy petition can vary based on the circumstances. A Chapter 7 bankruptcy, as Tyler, Texas, residents probably know, requires...
Residents of Tyler, Texas, may have heard about individuals and businesses going bankrupt or filing for bankruptcy and thereby recovering from debt. However, not many may realize that this is rarely as simple as it sounds. There are different kinds of bankruptcy...
The average American, whether in Tyler, Texas, or elsewhere, can rack up debt in a number of ways. Often, no notice is taken of credit card bills until the amount becomes exorbitant. Or, an unexpected medical emergency can result in significantly high expenses. It is...
