Blog Posts in December, 2010
Posted on Dec 31, 2010 By Majed
With every new year brings resolutions. Many want to get in shape. Others want to further their education or career. Still others resolve to be better human beings. What will your resolution be? If it ...
Continue reading "How Bankruptcy Protection Can Help You in the New Year" »
Posted on Dec 29, 2010 By Majed
Choosing which method of bankruptcy to file is a decision that only the debtor can make. However with sound guidance from an experienced bankruptcy law firm like Fears | Nachawati Law Firm, you should ...
Continue reading "Which Bankruptcy Option is Best for Me?" »
Posted on Dec 27, 2010 By Majed
Yes. Millions of Americans carry a credit account with department stores, gas stations and even mail order stores. These accounts should be included in a Chapter 7 liquidation in order to relieve you ...
Continue reading "Should I Include my Store Credit Accounts in my Discharge?" »
Posted on Dec 24, 2010 By Majed
I'll be home for Christmas takes on an entirely different meaning when you are in danger of losing your home. However filing for bankruptcy can help you by giving you time to catch up on your ...
Continue reading "How Bankruptcy Can Stop Foreclosure" »
Posted on Dec 22, 2010 By Majed
Many companies today are filing for bankruptcy protection. Some file for Chapter 11 restructurings, while others flat out liquidate via a Chapter 7 and close their doors. What does this mean for an ...
Continue reading "When Your Employer Files for Bankruptcy" »
Posted on Dec 20, 2010 By Majed
Absolutely! Banking options are as varied in 2010 as the customers they serve. Individuals who have filed for bankruptcy or who generally have credit or banking blemishes now have a good amount of ...
Continue reading "Can I Open a Checking Account after Bankruptcy?" »
Posted on Dec 17, 2010 By Majed
Varying life events can push a person into financial distress. Job loss, divorce, illness, and varying other reasons. Especially in recent years, these events have urged many to consider filing for ...
Continue reading "When is the Best Time to File for Bankruptcy?" »
Posted on Dec 15, 2010 By Majed
Although it is not encouraged, a debtor may file for Chapter 7, Chapter 13 or a combination of the two more than once. However, unlike the first time, there will be a minimum waiting period between ...
Continue reading "Second Time Around: Filing Bankruptcy a Second Time" »
Posted on Dec 13, 2010 By Majed
For many debtors with little assets, Chapter 7 is the most viable option. The filing fee for a Chapter 7 is $299.00 for the Northern District of Texas. This is just the cost to file with the court and ...
Continue reading "How Much Does it Cost to File for Chapter 7?" »
Posted on Dec 10, 2010 By Majed
Even famous and wealthy people take advantage of bankruptcy protection. Rather than lose all of his assets after serving prison time for animal cruelty, famed NFL quarterback Michael Vick opted to ...
Continue reading "The Michael Vick Story: A Look into a Chapter 13 Repayment Plan" »
Posted on Dec 8, 2010 By Majed
Many consumers mistakenly believe that filing for bankruptcy protection is an automatic credit death sentence, but this is not the case. Debtors can steadily rebuild their credit with a secured credit ...
Continue reading "Obtaining a Secured Credit Card after Bankruptcy" »
Posted on Dec 6, 2010 By Majed
Married couples have the option of filing for bankruptcy protection individually or as a couple. Married couples that jointly file taxes and include both names on credit items such as home and auto ...
Continue reading "Filing Bankruptcy as a Couple" »
Posted on Dec 3, 2010 By Majed
Prior to 2009 corporate bankruptcies were mostly covered by financial newspapers and dealt with internally or among people in the know. Then came the big bankruptcy boom of 2009 and the idea of "too ...
Continue reading "What the President Knows About Bankruptcy" »
Posted on Dec 1, 2010 By Majed
What many wealthly individuals know that the average American doesn't is that bankruptcy protection is a Constitutionally protected tool and not a dirty word. Bankrutpcy has allowed the likes of Kim ...
Continue reading "Why More Affluent People are Filing for Bankruptcy" »