Denton County Bankruptcy Attorney: After I finish filing a bankruptcy case for my clients, I like to be able to look at their financial situation and know that they are better off than before they walked into my office. My clients are almost always less stressed, happier, and better able to meet their financial obligations […]
DON’T USE HOME EQUITY LOANS TO PAY OFF YOUR CREDIT CARDS!
DON’T USE HOME EQUITY LOANS TO PAY OFF YOUR CREDIT CARDS! I have to admit, that I am a little behind the times technologically. I still have basic cable at home and I don’t have a DVR. So while many Americans can simply fast forward through television commercials, I actually watch them. One common theme […]
Foreclosures Top One Million in 2010
From the American Bankruptcy Institute’s Website: Home Foreclosures in 2010 Top 1 Million for First Time Banks seized more than a million U.S. homes in one year for the first time last year, despite a slowdown in the last few months as questions around foreclosure processing arose, Reuters reported today. Banks foreclosed on 69,847 properties […]
How is a Bankruptcy Case Initiated?
A bankruptcy case is initiated by filing a petition for bankruptcy in the office of the Clerk of the Bankruptcy Court. The petition lists the name, address and social security number of the debtor, states the necessary facts to show that the case has been filed in the right court, and alleges that the debtor […]
How to Recover From a Financial Disaster
Have you recently experienced a financial set-back or disaster?? Here are some steps you can take to begin recovery… 1) Cut overhead and get rid of unnecessary expenses – do you really need to buy that $4.00 coffee every morning? 2) Save at least $500 in an emergency fund, so you won’t be forced to […]