Filing for bankruptcy is often a tough decision that one must make. But sometimes, the decision is not theirs to decide. Sometimes creditors can actually make someone who is in debt to them file for bankruptcy against their will. This is called an involuntary bankruptcy. So how can you protect yourself from creditors who wish…

The phone rings at dinner, again. It is another creditor demanding money you don’t have. You’ve been juggling bills for months, maybe years, watching helplessly as interest charges devour every payment you scrape together. If you’re drowning in debt despite your best efforts, you’re not alone. Thousands of hardworking families across Dallas-Fort Worth face this…

When you enter into marriage there are a lot of new things to consider. One thing many couples do not think about is bankruptcy. While jointly filing for bankruptcy can make a positive impact, it can also prove more difficult to protect certain types of property. Here’s what to know about filing for bankruptcy when…

Bankruptcy will lower your credit score, but the impact is often less dramatic than people expect, and less damaging than continuing to fall further behind on debt. A Chapter 7 bankruptcy stays on your credit report for 10 years; a Chapter 13 stays for 7. The size of the initial drop depends largely on where…

When you file for bankruptcy, you may be able to receive additional time to pay back your creditors or have your unsecured debt fully discharged. While it’s great news to learn that your debt has been discharged, it doesn’t mean that the bankruptcy court can’t revoke its decision. If your debt discharge were revoked, it…

You’ve likely heard of bankruptcy before, but you may not have heard of credit counseling. When you’re overwhelmed by debt, it’s important to understand how these two things differ so as to figure out which is best for your particular situation. Here are the differences and how you can crawl out from under a large…

Filing for bankruptcy in Texas does not automatically mean you will lose your assets. Whether you keep your property depends on the type of bankruptcy you file and how Texas exemption laws apply to what you own. Many people who file for bankruptcy in Dallas are able to keep most, and sometimes all, of their…

For most of us, we spend years of our lives saving for our retirement. For some, that means 30, 40, or even 50 years in the workplace making sacrifices so that when the day came we would be able to live out the remainder of our lives comfortably. But sometimes our finances can take a…