Visitors to our website likely appreciate that we don't shy away from discussion about the issue of payday loans. Efforts to regulate the industry here in Texas were under way in the latest legislative session and ended without any resolution, leaving the state the only one in the nation without some form of restriction on these cash advance loans.
Arcane bankruptcy term gets clarity from Justices
Words have a way of becoming obscure over time. This should come as no surprise to Texas readers. Considering that codified law goes back thousands and thousands of years, words are bound to fall into disuse and their meaning forgotten.
Texas bankruptcy: Financial trauma as bad as PTSD for some vets
America’s military men and women have faced a lot of challenges to their courage as they’ve deployed to hotspots around the world in the past decade and more.
Robo-signing by debt buyer companies under fire
Did you know that about all it may take for a debt collection judgment to be won against a consumer is a signed affidavit from a debt buyer saying the money is owed? It's a facet of the debt collection system in Texas and the rest of the U.S. that many courts have found acceptable and it's resulted in many decisions allowing debt buyers to seize debtor assets; often without the debtor even knowing what's happening.
Fate of inherited IRAs in bankruptcy ripe for Supreme Court?
One of the critical issues that come into play in any filing for bankruptcy is the question of what assets may be considered fully protected from action. In other words, what is subject to exemption from being forfeited to liquidation or to creditors.
