Loans are an almost inevitable part of getting businesses up and running, although it is tempting to try to keep control of an enterprise. Borrowing is often important when businesses are trying to expand. But this can leave some banks or investors out of luck if a...
It is always difficult to admit that debts have made a business untenable. Fortunately, that's not as serious or as problematic as it seems. Businesses often declare bankruptcy to have the chance to reorganize their finances and satisfy their creditors, who have...
According to a recent report, the market for new automobiles is showing some signs of peaking, but the market for new auto sales remains strong. Recent numbers suggest that, for 2019, automakers in the United States will, for the fifth year in a row, collectively sell...
Like other states, Texas law allows debtors to claim exemptions that allow them to protect their property from creditors' claims. While these are most commonly used in the bankruptcy process, debtors can legally claim them whenever facing the danger of a creditor...
Paying bills is a part of adulthood. One has to pay for housing, food, utilities, and goods. While many are able to live within their means, when circumstances in life unexpectedly change doing so can prove to be difficult. These situations can lead to an overreliance...
Financial problems are fairly common in Texas. While some individuals are able to overcome these challenges with slight changes to their spending, others must seek out other debt relief options like bankruptcy. Bankruptcy may be an especially appealing option for...
Medical debt is one of the biggest driving forces behind bankruptcy filings. Sadly, many people who seek out healthcare don't know the true expense they face given that medical costs and insurance policies are often cloaked in secrecy. Very rarely can an individual...
Far too many Texans are overwhelmed with debt. Regardless of how they ended up in that position, they don't deserve to be subjected to seemingly endless creditor harassment. Yet, despite valiant efforts by state and federal regulators, many of these debtors are...
It can be scary to face debt collectors. Creditor harassment is real, and it often leaves Texans on the edge of their seat frightened for their financial future. These debt collection practices may involve threats, late night phone calls and even personal visits that...
Falling behind on debt payments can lead to a cascade of unwanted actions being taken against you. To start, creditors may harass you in an attempt to recoup the debt. Although there are certain laws placing limits on how far these creditors can go in their attempts...
