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 […]
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 […]
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 […]
Why Bankruptcy May be Your Best Option
For many people, bankruptcy is a final option; one they would never consider unless they ran out of every other possible idea on getting out of debt. They will let their house go into foreclosure, let their credit cards compound interest for months and even drain their retirement accounts trying to stay afloat. It always […]
Cash Money Rapper files for Bankruptcy
It’s hard to imagine a rapper going bankrupt, especially when they’re a member of a group called “Cash Money.” Unfortunately for Young Buck, former G-Unit soldier, this is exactly the case. Young Buck filed for bankruptcy back in September 2010 just one month after his home was raided by IRS agents. Young Buck’s Trustee as […]
Buying A Home After Filing For Bankruptcy
It’s true, that many individuals believe that once they file for bankruptcy they will never be able to qualify for a home loan again. Individuals also believe that should there be a chance that they could qualify, it would take ten to fifteen years before they could even try. We are about to blow your […]
Top Three Signs You Should Consider Filing For Bankruptcy
Considering the idea that you may have to file for bankruptcy is not an easy topic to contemplate. An individual should never be ashamed of wanting to clean up their financial past and present; ready to do what it takes to move forward. So how do you know when you should consider filing for bankruptcy? […]
Bankruptcy Defined
The laws of bankruptcy have changed over the past ten years. Although, even with the amendments made, bankruptcy is still simply defined as a tool to assist individuals and businesses overwhelmed by debt in having a government-backed solution. This process allows either a business or an individual to regain financial control of their life by […]
Chapter 7 Bankruptcy Verses Chapter 13 Bankruptcy
Choosing to file through, and eventually traveling through the process of filing for bankruptcy can be a difficult and emotionally draining job. Although with the professional assistance of an experienced bankruptcy attorney one can make the process a bit easier on one’s stress level. The most common filings for bankruptcy are that of Chapter 7 […]
Is Tax Debt Dischargeable by Bankruptcy?
Many people think that bankruptcy is a simple process that will erase their debt and give them a fresh start. While this is partially true, there are some debts that are much easier to discharge than others. Some debts cannot be discharged at all, so it is important to become familiar with the different laws […]