Debt Settlement Companies-Beware!!! I meet with many people who fall victim to the debt settlement company scam. For those of you who aren’t that familiar with what debt settlement companies do, I’ll explain, but I think it’s helpful to have some background first. Dealing with debt and creditors is a very stressful process. People who […]
Pros and Cons of Filing for Bankruptcy
A personal bankruptcy filing can help you get a fresh start, putting an end to the non-stop phone calls, letters and legal actions you face. There are consequences to filing for bankruptcy, though. Before submitting a Chapter 7 or Chapter 13 petition, you want to consider all the advantages and disadvantages, so that you make […]
Why File Chapter 13 Bankruptcy?
North Texas debtors file Chapter 13 Bankruptcy for many different reasons, but in general debtors are seeking two forms of relief in Chapter 13 Bankruptcy. The first form of relief offered by the bankruptcy code is the automatic stay. The automatic stay is sometimes described as a gate closing, locking out the creditors. Basically, the […]