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 […]
DO I HAVE TO BE A U.S. CITIZEN TO FILE BANKRUPTCY?
You do not have to be a U.S. citizen to file bankruptcy. You do have to be a resident of the state in which you file your bankruptcy case and have lived there for the last 180 days. Filing bankruptcy without being a U.S. citizen does raise one complication. Most debtors who file bankruptcy are […]
DO I HAVE TO LIST ALL OF MY CREDITORS IN BANKRUPTCY?
Debtors often ask me not to include a specific debt in their bankruptcy. In most cases the motivation behind these requests is that the debtors wish to keep a house or a car and they believe that if the debts that are secured by their property are listed in the schedules, they will lose the […]
FILING BANKRUPTCY MAY IMPROVE YOUR CREDIT RATING
Many people do not file bankruptcy because they fear that it will ruin their credit score. The reality is that by the time most people start thinking about filing bankruptcy, they already have a poor credit rating, and for those people, filing bankruptcy may in fact improve their credit rating. There are several reasons why […]
FILING BANKRUPTCY TO STOP GARNISHMENT OF ACCOUNTS AND WAGES
Debtors who are having their bank accounts or wages garnished may be able to stop garnishment by filing bankruptcy. Whether the garnishment can be stopped depends on the reason for the garnishment. Garnishments due to collection of judgments, collection of student loan debt, tax liability, and arrears due to domestic support obligations can all be […]