Blog Posts in October, 2011
Posted on Oct 31, 2011 By Majed
There is an old saying, don't take your troubles to bed. But that is difficult to do when you have harassing creditors calling incessantly and filling your mailbox with pink notices. Bankruptcy can ...
Continue reading "A Good Night's Rest" »
Posted on Oct 28, 2011 By Majed
Purchasing a home is for many the realization of the American Dream. Over the past few decades the Home Owners Association has become the double-edged sword of the American Dream. On the one hand, ...
Continue reading "Chapter 13 and The HOA" »
Posted on Oct 26, 2011 By Majed
North Texas residents typically for bankruptcy in the United States Bankruptcy Court for the Northern District of Texas, which has courthouses in Dallas and Fort Worth, as well as other cities. In ...
Continue reading "How Much Does it Cost to File Bankruptcy?" »
Posted on Oct 24, 2011 By Majed
In order to file for bankruptcy you need only information. Bankruptcy does not require that you work or be unemployed. It does not have stipulations on whether or not one owns a vehicle or home. A ...
Continue reading "What Do I Need in Order to File Bankruptcy?" »
Posted on Oct 21, 2011 By Majed
If you thought that filing bankruptcy after a divorce would miraculously make your alimony or child support disappear, think again. Support obligations are not dischargeable in a Chapter 7 or Chapter ...
Continue reading "Will Bankruptcy Make My Child Support Disappear?" »
Posted on Oct 19, 2011 By Majed
Absolutely not. It is against federal laws to terminate an employee because of their bankruptcy filing status, whether a debtor filed bankruptcy before or after employment. According to Section 525(b) ...
Continue reading "Can My Employer Fire Me For Filing Bankruptcy?" »
Posted on Oct 17, 2011 By Majed
As a bankruptcy law firm, we are intimately aware with the stringent financial circumstances our clients find themselves in. That's why our firm offers many affordable payment options to our clients. ...
Continue reading "How Can I Afford to Pay a Bankruptcy Lawyer?" »
Posted on Oct 14, 2011 By Majed
Absolutely, albeit a very slim chance. There are very strict guidelines, which govern whether or not federal Income Revenue Service debt can be discharged in Chapter 7. Some of these guidelines have ...
Continue reading "Is There a Chance IRS Debt Could get Discharged in Chapter 7?" »
Posted on Oct 12, 2011 By Majed
Yes! Once a debtor files a bankruptcy petition he or she is automatically protected under the bankruptcy laws. One of the greatest benefits to filing bankruptcy is the automatic stay. The automatic ...
Continue reading "Can Bankruptcy Help Me Immediately?" »
Posted on Oct 10, 2011 By Majed
Bankruptcy can help. According to creditcards.com, there are 609.8 million credit cards held by U.S. consumers, the average American household holds over $15,000 in credit card debt and almost 4% of ...
Continue reading "Overburdened with Credit Card Debt?" »
Posted on Oct 7, 2011 By Majed
Many people feel that debt consolidation may be a better option than bankruptcy. Debt consolidation is exactly what it sounds like. Combining all (or as much as possible) of your debt into one ...
Continue reading "The Truth about Debt Consolidation" »
Posted on Oct 5, 2011 By Majed
According to a 2009 Time Magazine article, the most recent economic downturn gave way to an unprecedented amount of homeless families. According to the article, " Most people who have no income will ...
Continue reading "Jobless = Homeless?" »
Posted on Oct 3, 2011 By Majed
The Bankruptcy Court does not require that a debtor disclose to anyone that he/she has filed for Chapter 7 or Chapter 13 bankruptcy. Many times people confuse the full-disclosure required by the ...
Continue reading "Do I Have to Disclose to My Employer that I am Filing Bankruptcy?" »