Debtors in Texas and across the U.S. need to be fully aware of the rights and protections they are accorded under the law when it comes to creditors seeking payment. With the Fair Debt Collection Practices Act, consumers are given various rights that they might not...




Month: July 2016
Former basketball star faces Chapter 7 bankruptcy
In Texas and throughout the U.S., it is not unusual for people from a variety of walks of life to face financial challenges and confront the need to decide how to deal with it. One option that can be beneficial is Chapter 7 bankruptcy. The details of filing for...
Three things you should know about student loans and bankruptcy
Bankruptcy is designed to help those who are struggling financially to get a fresh start. The process offers relief from many forms of debt. Some debts are forgiven almost immediately, while others require additional steps. Student loans are one example. Can student...
Debtor protections from false and misleading collection practices
Although debtors are accorded various protections against false or misleading representations as to what creditors are allowed to do to collect on a debt, that does not mean that debt collectors will adhere to the law in the spirit with which it was intended. The Fair...
Texas-based entertainment company files for Chapter 11
The fear and trepidation that people in Texas who are running a business and having financial issues feel is often compounded with the stigma that they believe surrounds filing for Chapter 11 bankruptcy. Gathering the information that is important when considering a...
Can I get a new car after filing for bankruptcy?
One of the main reasons that people in Texas often choose to avoid filing for bankruptcy even if it is their best logical decision to get out of debt is due to the fear that they will never again be able to regain credit and make necessary purchases. One such purchase...