READ OUR BLOG | houston-bankruptcy

Feb 3, 20211 min read

Too young to file bankruptcy?

Am I too young to file bankruptcy? Is there an age limit to filing bankruptcy? You are not too young to file bankruptcy, and there is no...

sandra919

Feb 3, 20211 min read

5 Scary Facts About Debt Collectors

An interesting article I came across states 5 scary facts about debt collectors. 1. Debt collectors are everywhere. There are thousands...

sandra919

Feb 3, 20211 min read

Valor de las Viviendas en Houston

¿Cómo se determina el valor de una casa en Houston? ¿Por qué es importante conocer el valor de su casa si usted va a declararse en...

What happens if I don't answer a credit card lawsuit in Houston?

sandra919

Feb 2, 20211 min read

What happens if I don't answer a credit card lawsuit in Houston?

What happens if I don't answer a credit card lawsuit? This is a common question we receive in our office. We hear this question almost...

Inside the dark, lucrative world of debt collection

sandra919

Feb 2, 20211 min read

Inside the dark, lucrative world of debt collection

"Inside the dark, lucrative world of debt collection" is a great article in the New York Times on how bad debt collection has become....

sandra919

Feb 2, 20211 min read

A third of Americans delinquent on debt

More than a third of the country is in trouble when it comes to paying debts on time; 35% of Americans have debt in collections,...

How to Rebuild Your Credit After Bankruptcy -- Fast

sandra919

Jan 29, 20211 min read

How to Rebuild Your Credit After Bankruptcy -- Fast

Curtis Arnold wrote a great article that appeared in the Huffington Post. It begins as follows: It's about as popular as a root canal or...

sandra919

Jan 29, 20211 min read

Rental America: Why the poor pay $4,150 for a $1,500 sofa

I came across a very well-written article regarding renting, leasing, and paying for furniture in installments. Many people that file...

Debt collectors arrested by federal agents

sandra919

Jan 29, 20211 min read

Debt collectors arrested by federal agents

Seven debt collectors, part of a debt collection agency called William, Scott, & Associates, were arrested by federal agents on November...

$950,000, nearly $1 million medical bill for delivering baby on vacation.

sandra919

Jan 29, 20211 min read

$950,000, nearly $1 million medical bill for delivering baby on vacation.

It is common knowledge that medical bills are astronomically high. It is also common knowledge that many people have no choice but to...

The first creditor/debtor law in history, Ancient Greece, 8th to 6th century BC to 600 AD

sandra919

Jan 29, 20213 min read

The first creditor/debtor law in history, Ancient Greece, 8th to 6th century BC to 600 AD

What are the origins of bankruptcy, not just in the United States, but in the world? How far back does bankruptcy date? The Rashid Law...

sandra919

Jan 27, 20212 min read

Debt industry

What is the debt collection industry? It is the business of collecting money that is owed. Who owes money? Almost every adult in America...

How much money should you save? Almost half of Americans are not saving enough.

sandra919

Jan 26, 20211 min read

How much money should you save? Almost half of Americans are not saving enough.

How much should you have in savings? It depends on your expenses. If your expenses are, for example, $2,000 per month, and this includes...

Can you lose your driver's license for not paying your student loan debt?

sandra919

Jan 26, 20211 min read

Can you lose your driver's license for not paying your student loan debt?

Yes, in the following states, you can lose your driver's license or professional license for defaulting on student loans: Alabama Alaska...

Why having a good bankruptcy lawyer is important

sandra919

Jan 25, 20211 min read

Why having a good bankruptcy lawyer is important

JP Morgan Chase recently paid $50 million for faulty bankrupty documents. It has been reported that JP Mortgan Chase had to pay $50...

Financial trouble keeps Americans up at night

sandra919

Jan 25, 20211 min read

Financial trouble keeps Americans up at night

I always had a feeling it were true, but did not have any research to support my belief. My clients mentioned it often, it even has...

Some reasons why a chapter 13 can be better than a chapter 7

sandra919

Jan 19, 20213 min read

Some reasons why a chapter 13 can be better than a chapter 7

First and foremost, what is the most basic difference between a chapter 7 and a chapter 13? The most basic difference is that a chapter...

sandra919

Jan 14, 20211 min read

Suze Orman's views on bankruptcy

Suze Orman does not think bankruptcy is a bad thing if you really need to file. We at the Rashid Law Firm agree with her views here. If...

What is considered middle class in Houston?

sandra919

Jan 11, 20213 min read

What is considered middle class in Houston?

Do mostly poor people file bankruptcy? Nope. Do mostly rich people file bankruptcy? Negative. Do mostly middle class people file...

sandra919

Jan 7, 20211 min read

Debt consolidation or bankruptcy

What is better, debt consolidation or filing bankruptcy? Each person is different, but there are some general guidelines in determining...