A major concern that many people in the Tyler area may have when they are planning to file for personal bankruptcy is how the filing will affect the debtor's eligibility for loans and mortgages in the future. While it is true that a bankruptcy filing remains on a...




Month: April 2015
What can Texas residents do if creditors sue over consumer debt?
Overwhelming consumer debt is a harsh reality that affects many people in Smith County and the rest of Texas. While some of those people are in debt due to a difficult economic environment, others are in debt because of unplanned or surplus spending. Irrespective of...
Is Chapter 7 bankruptcy too expensive?
Many Smith County residents may be aware that in 2005, federal lawmakers made certain changes to the U.S. Bankruptcy Code. Those changes were included in the Bankruptcy Abuse Prevention and Consumer Protection Act. The purpose of the act was to discourage people from...
Local rules for filing any kind of bankruptcy in East Texas
In East Texas, filing for bankruptcy may be confusing for individuals struggling with debt. The decision to file for bankruptcy is possibly one of the most difficult financial decisions a person can make and it is often accompanied by mental distress, extreme...
How to decide whether Chapter 11 is the solution
In Texas, every debtor should make sure that they are well versed on the existing body of bankruptcy laws before filing for Chapter 11 bankruptcy. There is nothing as risky as making uninformed decisions when it comes to something as critical as bankruptcy. The owner...