READ OUR BLOG | houston-bankruptcy

Jan 6, 20211 min read

Does Filing for Bankruptcy help?

Bankruptcy receives a lot of negative publicity. There is very little talk about the positive side of bankruptcy. Millions of people have...

Bankruptcy may save your home from Foreclosure, True or False?

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Jan 6, 20211 min read

Bankruptcy may save your home from Foreclosure, True or False?

Sometimes you hear from a neighbor, family member or even a co-worker that bankruptcy may help you save your home. But is it true, or...

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Dec 29, 20201 min read

Bankruptcy Statistics

A lot of cases of bankruptcy are not caused by crazy or reckless spending, but by financial hardship. Many lower-income individuals who...

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Dec 24, 20201 min read

Marriage and Debt and Divorce

There are studies indicating that if 50 percent of marriages end in divorce, then 45 percent are the odds of a marriage ending in divorce...

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Dec 23, 20201 min read

The definition of debt.

The definition of debt. An amount of money that you owe to a person, bank, company, etc. The state of owing money to someone or...

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Dec 21, 20201 min read

Millennials and bankruptcy

Millennials are filing more and more for bankruptcy every year. Even though millenials have a higher college graduation rate than their...

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Dec 18, 20201 min read

Future Retirees' and Senior Citizens filing for Bankruptcy

Seniors filing for Bankruptcy Retirement seems impossible by the way the economy is going. A lot of things factor into future retirees'...

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Dec 17, 20201 min read

How do we benefit in hiring an attorney to represent us in a bankruptcy?

How do we benefit in hiring an attorney to represent us in a bankruptcy? Can we file our own bankruptcy? The answer is yes, we can. We...

sandra919

Dec 15, 20202 min read

Filing Bankruptcy before Marriage, Should I or Shouldn't I?

Money is the most common source of conflict during a marriage. So the question is, should you file before getting married? Our answer is...

sandra919

Dec 11, 20201 min read

Will I be able to buy a house after I file bankruptcy?

Will I be able to buy a house after filing bankruptcy? Yes, you can buy a house after you file bankruptcy. If you want to buy a home...

sandra919

Dec 10, 20202 min read

Can I keep my car if I file bankruptcy?

Can you keep your car if you file bankruptcy? Usually, in most cases, yes. You can usually keep one vehicle per licensed driver in the...

sandra919

Dec 8, 20201 min read

How to get rid of debt.

How to get rid of debt: There are many ways to get rid of debt. Among them is what we do here at the Rashid Law Firm in Houston, which is...

sandra919

Dec 7, 20201 min read

Can you discharge student loans in bankruptcy?

Can you discharge student loan in bankruptcy? Usually no. To discharge student loans you would need to bring forth an adversary...

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Dec 7, 20201 min read

Main difference between a chapter 7 and a chapter 13

One of the first questions people ask us in our Houston bankruptcy law firm is the following: What is the difference between a chapter 7...

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Dec 4, 20206 min read

The duties and responsibilities of a debtor under chapter 7 in Houston

In Houston, Texas, in either a personal or corporate bankruptcy, the Debtor (or its representative(s)) has on going legal obligations to...

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Dec 3, 20206 min read

Common bankruptcy terms

ADVERSARY PROCEEDING A lawsuit arising in or related to a bankruptcy case that is commenced by filing a complaint with the bankruptcy...

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Dec 3, 20204 min read

How to choose the right Houston bankruptcy lawyer

The following are things to look for in choosing a bankruptcy lawyer: 1) Will you meet the lawyer immediately and talk with the lawyer...

sandra919

Dec 2, 20201 min read

Emergency Bankruptcy Filing

When you need to file bankruptcy immediately to stop a foreclosure or a repossession or for other reasons, consider filing an emergency...

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Dec 2, 20201 min read

Lawsuits and Judgments: Is it too late to file for Bankruptcy?

Receiving a lawsuit from a third-party collection agency is common for people who are in debt with credit cards, car deficiency balances,...

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Nov 30, 20202 min read

Learn about bankruptcy.

Learning is great. Knowledge is power. Seek knowledge from the cradle to the grave. So, where can you go to learn more about whether or...