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 […]
Dallas Bankruptcy Attorney: CAN MY WAGES BE GARNISHED IN TEXAS?
Dallas Bankruptcy Attorney: CAN MY WAGES BE GARNISHED IN TEXAS? The short answer to this question is “No.” Your wages cannot be garnished in Texas. But as anyone who practices law or has had experience with the legal system can tell you, there are generally exceptions to the rule. Under Texas law, wage garnishment is […]
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: HOW LONG WILL IT STAY ON MY CREDIT REPORT?
Dallas Bankruptcy: How long will it stay on my credit report? It depends on what Chapter you file under. Chapter 13 bankruptcy cases will stay on a credit report for seven years from the date the case is filed. Most Chapter 13 bankruptcy cases last five years, so after the case is completed the bankruptcy […]
DALLAS BANKRUPTCY: WHAT TO BRING TO YOUR FIRST APPOINTMENT
Dallas Bankruptcy: Your bankruptcy attorney will need you to provide information so that he can determine whether you should file bankruptcy, whether you are eligible to file bankruptcy, and if you are eligible which chapter will be best for you. In order to answer these questions, it is helpful if prospective bankruptcy debtors bring information […]