One of the benefits of filing Chapter 13 bankruptcy is that you can sometimes cram down secured debt on vehicles. This means that you can force a creditor to accept repayment of a loan by paying the value of the vehicle rather than the entire claim. Chapter 7 bankruptcy has a similar tool available to […]
Credit Repair Companies – Are They A Scam??
Every time the economy cycles down, businesses taking advantage of the downturn arise. The recent recession (or what some economists have actually labeled, “Depression”) and resulting credit crunch have resulted in credit issues for many consumers, and a related dip in their credit scores. Here come Credit Repair companies to the rescue, right? They can […]
Dallas Bankruptcy Attorney: BANKRUPTCY FRAUD IS NOT WORTH THE RISK!
Dallas Bankruptcy Attorney: When I prepare bankruptcy documents, I stress to my clients that they need to be accurate. In fact, lying on bankruptcy documents carries a maximum potential penalty of five years in prison and a fine of up to $250,000. The area where bankruptcy fraud is most common is in preparation of the […]
DALLAS BANKRUPTCY ATTORNEY: DON’T FALL FOR DEBT COLLECTION SCAMS!
When you are in debt, sometimes it can be difficult to keep track of who you owe money, because creditors get bought out, change names, and turn the debt over to collection agencies or law firms. Con artists are taking advantage of this fact. Dozens of people have called Cooper’s Consumer Protection Division to report […]
Dallas Bankruptcy Attorney: FORECLOSURES ON THE DECLINE IN TEXAS
Dallas Bankruptcy Attorney: FORECLOSURES ON THE DECLINE IN TEXAS. In the month of July, a total of 10,571 foreclosure postings were filed in the state of Texas. This figure represents a 10 percent decline compared to the number of filings recorded in July 2010. Nationwide the decline in the number of postings is even greater, […]