Bankruptcy

If you're experiencing financial difficulty and have accumulated a significant amount of debt, you may need to consider declaring bankruptcy in Texas. Chapter 7 or 13 bankruptcies can offer a solution to your debt and help you to regain your financial standing. What...

When you file for bankruptcy in Texas, some of your assets might be up for grabs. You can part with certain assets, but other ones are necessary for a happy and fulfilling life. Do you have to give up your retirement fund when you file for bankruptcy? What happens to...

The average Texas household has about $15,000 in credit card debt, and it's not uncommon to pay an interest rate of 20% on an outstanding balance. Therefore, it's generally in your best interest to pay down this type of debt as quickly as possible. There are multiple...

Even though bankruptcy is intended to be a last resort for individuals who have fallen under the weight of financial hardship, many people continue to view it as some sort of debt eraser that allows them to wipe out all of their outstanding debts. It's important to...

Medical bills are often expensive, and there are some types of care that you simply can't put off or just not have done. For instance, if you get suddenly ill or have an accident, the medical bill can sneak up on you and be really expensive. Because it's expensive and...

Many older people, many of them retirees, try to make a point of staying on top of their financial responsibilities. When they experience financial difficulties, they might turn to their 401(k) plans to pay off their debts. However, this can end up being a huge...

Paying off medical debt is a daunting task in Texas and elsewhere around the county. A lot of times, medical expenses are unplanned, and if you use a service, such as an ambulance, even with the help of your insurance, you can rack up a lot of debt. Don’t ignore your...

As we emerge from the holiday season, consumers from Texas and across the nation are now getting their first monthly bills for all those presents they purchased. For many, this may be an eye-opening moment where they realized that they might have gone a little...

Having good health insurance in Texas doesn't mean that all medical bills get paid. Health insurance only covers so much of the debt, and the insured has to pay the remainder, which can add up. Unpaid debts often result in collection agencies trying to collect...

If you had to get credit card debts discharged in bankruptcy, then you might feel like you will never be able to have one again. That isn't the truth. In fact, you may be able to get credit cards soon after your bankruptcy is finalized. Bankruptcy affects your credit...