Cast a Cold Eye on Credit Card Consumption
What are some of the warning signs that credit card debt is starting to be a problem for you? Maybe you started using your Visa or another card for ordinary purchases like gas or food, thinking you could pay off the balance in full at the end of the month. But what you found is […]
Medical Debt and the Problem of Phony Insurance
If you have health insurance, do you still need to worry about medical debt? In theory, the answer should be no; after all, the main purpose of having insurance is to cover the medical costs when you or a close family member gets sick. In practice, however, the answer is quite different. After the co-pays […]
Rebuilding Credit After a Texas Bankruptcy Filing
There are many misconceptions about bankruptcy law. Eight years after the law was revised, many people are still under the impression that the requirements may be too difficult for them to meet. When you talk with a consumer bankruptcy attorney, however, you will better understand the big picture. It’s true that the law, as amended […]
Bankruptcy and Taxes: Rebates Can Help Finance a Filing
Bankruptcy and taxes can go together in a couple of different ways. For people in search of debt relief, bankruptcy can potentially allow the discharge of income tax debt. This could include stopping an IRS tax levy. There’s another way as well. New research shows that many Americans who are short of cash are using […]
Debt Collection Actions for Medical Bills Take Toll on Consumer Credit
In the wake of the Great Recession, the number of Americans being contacted by debt collection agencies has increased markedly. In 2005, before the recession, debt collectors contacted 22 million people about medical bills alone. By 2010, this had increased to 30 million, according to a When you talk to a consumer bankruptcy attorney, you […]
Reasons for Personal Bankruptcy Reflect Tough Economy
The tough economy means there are many reasons to consider filing for consumer bankruptcy. Debt takes many forms and the effect of all of those debts is cumulative. For example, if you are suddenly hit with major medical bills, it can become difficult to make your mortgage payments. The same is true of job loss. […]
Reasons to File for Bankruptcy
So you’re in a financial bind? It’s safe to say that 2011 hasn’t been the best financial year for many Americans. The economy is still sluggish and jobs are still scarce. While filing for bankruptcy may have never been an option before the recession, credit card bills can stack up and unemployment checks are running […]
Texas’ 2012 Financial Forecast
As we ring in the New Year with champagne and fireworks, we can’t help but wonder what the year will actually bring us. Could the economy take a turn for the better? Will the string of bankruptcies finally slow? What will happen to the almighty dollar? While even analysts merely make educated predictions about the […]
How Do I Pay My Bankruptcy Attorney?
Filing for bankruptcy may seem intimidating. For most clients, their first question is, “How do I pay my bankruptcy attorney when I’m already in debt?” While the whole concept may seem overwhelming and discouraging, filing for bankruptcy can remove a huge burden from your life and ends up being worth every penny. Sadly, most people […]
Tionne “T-Boz” Watkins files for Bankruptcy…Again
Some celebrities just can’t get it right; some can’t hold on to a movie role, others can’t clean up their act and some have more financial troubles now than they did before they were famous. Tionne “T-Boz” Watkins of the female singing group TLC unfortunately falls under the financial category. Watkins is now filing for […]