Pelley Law Office LLP
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214-733-1775
972-608-0335
903-813-4778

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April 2015 Archives

Texas foreclosures could rise due to HELOCs

Those who study home loans say that homeowners who took out a home equity line of credit during the housing boom could trigger a new wave of foreclosures. This is because the payments on those loans are about to increase significantly, and in some cases, homeowners are still underwater on their original mortgages. According to research conducted by RealtyTrac, the average HELOC payment will increase from $133 to $279.

Chapter 13 bankruptcy and home foreclosure

Individuals in Texas who have filed for Chapter 13 bankruptcy may wonder what to do if they find that they still cannot make payments on their mortgage. There are two solutions available if an individual no longer wishes to continue making house payments in this situation.

Criminal Charges Against Case Runner Include Bankruptcy Fraud

A San Antonio area man was arrested while trying to flee to Mexico this past Friday. He had been financing an extravagant lifestyle with funds stolen from a number of local law firms that he managed. While not a lawyer, this man was in charge of funds that should have been given to clients following case settlements or used to pay for medical care clients had received.

Bankruptcy Provides Leverage In Dealing With Creditors

Difficult debt situations can become overwhelming in the blink of an eye. Many people who are facing difficult debt have been fighting for a long time to keep their heads above water only to have some unfortunate event push them over the edge and into a situation where they can no longer manage their financial situation. 

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Plano Office
1312 14th Street, Suite 100
Plano, Texas 75074

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

Phone: 903-813-4778
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6060 North Central Expressway, Suite 602
Dallas, Texas 75206

Phone: 214-733-1775
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