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sandra919
May 12, 20211 min read
Right to Dismiss a Chapter 7 Bankruptcy
If you file a Chapter 7 Bankruptcy, and later decide that you do not want to be involved in it anymore for any reason, do you have a...
sandra919
May 12, 20211 min read
A Brief Chapter 7 Pro and Con
Pro: Chapter 7 Bankruptcy does not take long. How long does a bankruptcy take? Under Chapter 7, the entire process from filing to...
sandra919
May 12, 20211 min read
Basic Chapter 13 Time Line
Day of Filing Case Begins. Automatic Stay goes into effect. A Trustee is assigned to your case. 30 Days After Filing First payment under...
sandra919
May 11, 20211 min read
Too much debt
Do you have too much debt? Are you drowning in debt? Bankruptcy eliminates debt. There are many problems with debt. You can feel trapped...
sandra919
May 11, 20211 min read
15 common reasons people file bankruptcy
The following are 15 common reasons people file bankruptcy: 1) Divorce or separation 2) Death in the family 3) Disability 4) Unemployment...
sandra919
May 11, 20211 min read
Serial filings in bankruptcy
When a person filed bankruptcy more than twice, that is serial filing. Serial filing does not mean anything bad. It just carries more...
sandra919
May 11, 20211 min read
Driver's license reinstated through bankruptcy
Bankruptcy is very beneficial in many ways. We recently filed a case where an individual's driver's license was suspended due to being...
sandra919
May 11, 20211 min read
Time line of bankruptcy laws in the US
The following is a time line of official bankruptcy laws in the US: United States Constitution, 1788, states under Article 1, Section 8...
sandra919
May 11, 20211 min read
Bankruptcy stops lawsuits
Bankruptcy is the strongest law in terms of debit and credit. A colleague of mine often said that bankruptcy is like an atomic bomb,...
sandra919
May 11, 20211 min read
Enron files bankruptcy
Enron, an extremely large Houston-based international energy company, filed Bankruptcy on December 2, 2001. This is one of the largest...
sandra919
May 10, 20211 min read
22 largest bankruptcies in US history
This is a very interesting article we came across. It lists the largest bankruptcies in US history. Interestingly, the largest one was...
sandra919
May 10, 20211 min read
How does bankruptcy affect credit?
A very common question is the relationship between bankruptcy and credit score. Some of the people that are considering bankruptcy...
sandra919
May 10, 20211 min read
What I like about the city of Houston
There are a couple of things I really enjoy about Houston. Here is a partial list: 1) Multiple "downtowns". There are many parts of...
sandra919
May 10, 20211 min read
Do not file bankruptcy without a lawyer
Filing bankruptcy without a lawyer is a very dangerous decision to make. You can: lose money (lose much more money than you would had you...
sandra919
May 10, 20211 min read
Which debts are not eliminated in bankruptcy?
Generally, the following debts are considered non-dischargeable in bankruptcy: Taxes Student Loans Debts caused by fraud Recent Cash...
sandra919
May 10, 20211 min read
Over half of bankruptcies are related to illness
A recent study was carried out regarding people who filed personal bankruptcies. The results were not surprising. Over half of...
sandra919
May 10, 20211 min read
What you should bring to your first Houston bankruptcy consultation
When you first set up a meeting with a Houston bankruptcy attorney, you should bring the following documents: A list of all the assets...
sandra919
May 10, 20211 min read
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ( BAPCPA)
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ( BAPCPA) was enacted in April 2005. BAPCPA made substantial changes to...
sandra919
May 10, 20211 min read
Famous People Who Filed Bankruptcy
The following is a list of some famous people who filed bankruptcy: Mark Twain Ulysses S. Grant Henry Heinz (ketchup entrepreneur) Oscar...
sandra919
May 10, 20211 min read
5 Tips to Improve Your Credit After Bankruptcy
These are five ways to improve your credit after you filed bankruptcy: Get a credit card and pay it back in full every month on time. If...
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