Month: October 2010

Debt Settlement

Debt settlement often sounds like an attractive option.  Especially when you sit down and figure out how much you are being charged in interest each month.  One problem with debt settlement is that it can damage your credit report for quite a long time.  Another...

Stopping Lawsuits in Texas

If you have unsecured debts that are not paid on time, then the creditor will probably eventually sue you.  When the creditor sues you, you should be served with a copy of the lawsuit telling you that you have a limited amount of time to file an answer.  If you do not...

Texas Child Support

Child support in Texas is largely determined by the Child Support Guidelines in the Texas Family Code.  It is typically calculated by multiplying the appropriate paying percentage according to the number of children the obligor has and the paying parent's net...

SAPCR

A SAPCR is a Suit Affecting the Parent Child Relationship.  If there are children involved in a divorce proceeding between the mother and father then the child custody and child support must be addressed in the SAPCR divorce.Figuring out who the children should live...

Assault in Texas

There are many serious consequences to an assault conviction in Texas.  One, you cannot possess a firearm.  Two, it may cause you to have to pay spousal support (alimony) where you would not ordinarily have to.  Three, you might lose your rights to child custody and...

Business Bankruptcy

The great recession has led to many small business owners realizing that their attempts at starting their own business just are not going to work.  Small businesses often depend on customers to spend their disposable income with the small businesses' service or...

Conversions in Bankruptcy

If you are in a Chapter 13 or Chapter 7 bankruptcy and your situation changes, then you have the option of converting to the other chapter.  For instance, if you are in a Chapter 13 bankruptcy, and you lose your job or have a reduction in income then you can convert...

341 Meeting

The first meeting of creditors is also referred to as the 341 meeting because section 341 of the Bankruptcy Code is the statute which refers to this meeting held by the trustee.  The trustee is not a judge, but rather a trustee appointed by the Bankruptcy Court to...