When Tyler residents are struggling with overwhelming debt, the law provides an option from them to obtain a truly fresh financial start. Chapter 7 bankruptcy allows debtors to eliminate many debts that are unsecured (i.e., not associated with property like a mortgage...
One of the most stressful and overwhelming aspects of owing a lot of debt is constant contact from creditors and debt collectors. If you are past due on your payments, your creditors do have the right to attempt to collect on what you owe, but there are limits to what...
For Tyler residents who earn some form of income but struggle with debt, there is good news. Chapter 13 allows individuals to file for bankruptcy and obtain a fresh financial start while protecting their assets, as long as they can keep current on a court-ordered...
We make efforts here on our Tyler Texas bankruptcy law blog to address the pervasive myth that homeowners will automatically lose their homes if they file for bankruptcy. Especially with Chapter 13, filers can generally keep their homes if they can stay up to date on...
Among the most iconic brands in pop and rock music is Gibson Guitars. The 114-year-old company makes musical instruments including guitars used by legendary musicians that many Tyler residents instantly recognize, such as Chuck Berry, B.B. King, Jimmy Page, Slash and...
Becoming a homeowner in Texas may have been one of the most exciting times in your life. Like most other homeowners in your area and throughout the nation, the mortgage agreement you signed may have also become your largest liability. If you chose a 30-year loan,...
In Texas today, almost no one is immune to financial challenges. In fact, the mayor of one Texas town recently made headlines when she filed for Chapter 7 bankruptcy. Back in 2003, as a university student, the future mayor took out several thousand dollars in student...
