Selling your home via short sale is still an attractive option for some homeowners facing underwater mortgages and looking for a way out. A recent study showed that the average short sale results in $60,000 in debt...
If you have considered filing Chapter 13 Texas bankruptcy, you may wish to familiarize yourself further with the “best effort” requirement. What this requirement means is that your repayment plan under Chapter 13 must...
In a Chapter 7 Texas bankruptcy, as you may or may not know, a bankruptcy trustee is appointed to oversee the case. This trustee is in charge of impartially collecting all your assets, selling off those which are not secured,...
There are a number of reasons why you might decide to convert your Chapter 13 Dallas bankruptcy into a Chapter 7 plan. In some cases this decision is made for you by the bankruptcy court in a forced conversion, but there are...
If you are facing a mounting pile of debt, you have probably heard the siren song of a debt negotiation company and been tempted to answer the call. These companies usually advertise settling your debt for pennies on the...
