Sometimes, debts get overwhelming, and a consumer in Texas needs a way out. Bankruptcy helps give individuals a legal way to remove some debts and protect themselves from creditors. Consumers have the choice of several types of bankruptcy, but many people choose...
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What are the top reasons people file for bankruptcy?
Residents of Texas whose debts exceed their assets may find themselves seeking protection from the bankruptcy courts. Individual circumstances might vary, but there are several common reasons that people choose to file for bankruptcy. The top three reasons people file...
Begin planning now for possible estate tax increase
Individuals and couples in Texas with large estates may want to think about ways to maximize their wealth while minimizing any estate taxes paid after their passing. The current federal estate tax exemption is set to expire in 2026, and few experts expect tax rates to...
Filing for bankruptcy in Texas
Filing for bankruptcy can be confusing but may be beneficial to help you create a better financial future. Bankruptcy is a legal process that allows you to discharge many of the unsecured debts you have without having to repay them. If you live in Texas and have been...
How long does alimony last in Texas?
You and your spouse are no longer a team. During your marriage, each of you had specific roles. Your spouse was the breadwinner, earning a solid income that allowed you to remain home, take care of your children and make sure domestic matters ran smoothly. With the...
3 common estate planning myths
Every estate plan in Texas is different because estate plans are as unique as a family and its assets. However, there are some common estate planning misunderstandings that seem to pop up more frequently than others. Here are some estate planning myths that a lot of...
Texas Child Custody Laws Are Different From Other States
Child custody is one of the most highly contested areas when couples split up. Recently, many people have relocated to Texas from other states like California. If you're a recent arrival to the state of Texas, you should understand that our child custody laws are...
How an automatic stay works in bankruptcy
One of the biggest fears for people owing money in Texas is to have their life controlled by creditors, who may have the power to garnish debtors' wages and hold their assets for years. An automatic stay is one solution to protecting your finances as you work through...
Fathers can also obtain custody of their kids
In the state of Texas, a parent's gender typically plays no role in whether he or she can obtain custody of a son or daughter. Therefore, if you are a father, it's generally in your best interest to pursue legal or physical custody of your child if you want it. The...
Is it possible to get a mortgage after filing for bankruptcy?
You're not alone if you're a resident of Texas who has always wanted to own a home. However, if you have filed for bankruptcy, you may wonder if that dream is unattainable. It's important to know how you can still secure a mortgage after bankruptcy. Stay up to date on...