One of the biggest reasons individuals hesitate filing for a Dallas bankruptcy is because they’re afraid of how their credit score will be affected. Even if bankruptcy will bring much needed financial relief, many debtors...
Category: bankruptcy_blog
Bankruptcy Basics: Understanding “Chapter 20”
When you’re up to your neck in loans, mortgage payments, and credit card debt, the two main options to restart your financial life are a Chapter 7 or Chapter 13 bankruptcy. While many debtors flirt with this idea, the...
Million Dollar Dilemma: Osborne Files for Bankruptcy
Mitzi Osborne, the widow of Jennings Osborne, a renowned Little Rock businessman, has filed for a Chapter 7 bankruptcy. According to the bankruptcy petition, Ms. Osborne owes $1.2 million and has approximately $1.5 million in...
Bankruptcy Review For July 19, 2013
This week in bankruptcy news: A video game production company finally sees an end to their 8 month bankruptcy case as a judge approves asset liquidation to resolve debt obligations to creditors. Meanwhile, the Phoenix-area...
How to Handle Bankruptcy During Divorce
Though there are many factors, such as miscommunication and infidelity, that can lead to divorce, financial disagreements or struggles remain the top causes. While many might not know it, the high divorce rates in America...