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June 2013 Archives

Decline in credit card use among young adults

According to recent data from FICO, the effects of the recent recession may have dramatically affected how young adults finance their purchases. According to the data, about 16 percent of consumers between the ages of 18 and 29 did not have a credit card as of the end of 2012. In contrast, only eight percent of young adults could say the same five years earlier. Instead of credit cards, young people are opting for debit cards.

Attorneys working to draw the line in Warwick bankruptcy

This is a significant week in the bankruptcy petition efforts of singer Dionne Warwick. Readers of this blog may recall a post a few months back in which we reflected on the fact that the 72-year-old pop artist had filed for Chapter 7 bankruptcy protection. It's a case we suspect many in Texas and around the country may be following.

Texas foreclosure: How not to go about saving the house

When a resident of Texas is faced with the possibility of losing their home to foreclosure, the first reaction is very likely one of panic, followed by a scramble to find some way of averting the process. That scramble can very easily lead a person down some dangerous paths that won't deliver the desired outcome. It's always best to seek the help of an experienced attorney.

Texas foreclosure: Federal distressed mortgage help extended

At the height, or rather the depths of the most recent recession, when the housing market tanked, the federal government launched the Home Affordable Mortgage Program, or HAMP. The objective was to encourage lenders to do the right thing and help homeowners in Texas and the rest of the country who suddenly found themselves in financially underwater homes bail out.

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1312 14th Street, Suite 100
Plano, Texas 75074

Phone: 972-608-0335
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905 North Travis Street
Sherman, Texas 75090

Phone: 903-813-4778
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Dallas, Texas 75206

Phone: 214-733-1775
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