Chapter 7 is typically the Chapter we recommend if our clients are eligible. It is very quick, it is very beneficial for the client, and we feel it is the fastest way to help our clients get back on track with their credit score.Chapter 7 is called a "liquidation...
Month: June 2010
Why is my credit card debt not being reduced?
You pay your credit card bills every month, so why in the world is the balance not going down?The interest rate.Let's take "Bill" as an example. Bill has 4 credit cards. He owes them a combined total of $30,000. Bill pays them $700 a month almost religiously....
Aggravated Assault with a Deadly Weapon
Typically, this charge in Texas is indicted as a 2nd Degree Felony. However, it can be enhanced to a 1st Degree Felony under certain circumstances. Reasons for enhancement include, but are not limited to: bias, prejudice, prior convictions, prior juvenile...
Chapter 13 Bankruptcy
Why would someone file a Chapter 13 Bankruptcy?There are a number of reasons. First, if you are behind on your mortgage payment, then a Chapter 13 can help you get current. A "Chapter 13 Plan" is just like a 5 year note to get you caught up on your notes on the...
Family Violence Conviction Consequences
Much like Capital Murder and DWI law, family violence has developed its own body of law over the years. For example, the Family Code has expanded its definition of what constitutes "domestic violence" or "family violence" to persons who are not "related" in the...
Can I discharge IRS debt?
Sometimes, but generally not. It has been our experience that problems arise unless you deal with the IRS from the outset. If you file a Chapter 13 bankruptcy, then any non-dischargeable IRS debt can be paid back through the bankruptcy Plan at 0% interest. That will...
Dangerous Debt Settlement Companies
I heard an advertisement on the radio the other day for a debt settlement company. The voice stated something to the effect of: We know you don't want to file bankruptcy...and the company proposed the public to consider their debt settlement plan.What the...
Credit Rehab
One of the things that we will discuss at the free initial consultation is the rehabilitation of your credit after you file the bankruptcy. Proper utilization of the Bankruptcy Code will typically enable you to rehabilitate your credit score very quickly. A good...
Financial Crossroads
Whenever you are in trouble with credit card debt, a foreclosure, a repossession, the IRS, or even when relationship troubles start raring their ugly heads because of the financial quicksand you are being pulled towards...stop what you are doing and get professional...
DWI Trial Yesterday
Not Guilty.
