There can be a lot of glory and money in playing professional football. That doesn't mean that the ride is always a smooth one.According to a Sports Illustrated study done in 2009, 78 percent of all former NFL players wind up in tough financial circumstances within...
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Month: January 2014
Update on filing for bankruptcy in Texas
On Behalf of Pelley Law Office LLP | Jan 26, 2014 | Chapter 13 Bankruptcy
Filing for bankruptcy is not something people always desire to do, but it is sometimes the best option available. Regrettably, when the economy takes a turn for the worst, many people are left without jobs and financial security. In Texas, those who no longer have a...
Growing income gap makes ‘living the dream’ harder
On Behalf of Pelley Law Office LLP | Jan 14, 2014 | Debt Relief
Our national political leaders tend to disagree on just about everything it seems. One thing they do agree on, however, is that the concept of the American dream is foggier than it has been in decades. According to data from the U.S. Census Bureau going back 46 years,...
Texas eyes may be upon Congress to extend jobless relief
On Behalf of Pelley Law Office LLP | Jan 6, 2014 | Chapter 13 Bankruptcy
While states in the nation's midsection, including Texas, experience plummeting temperatures due to a major cold snap, lawmakers in Congress are being challenged to deal with another issue that threatens to plunge a lot of people into a hazardous fiscal...
Almost $70 million to be paid to certain Texas homeowners
On Behalf of Pelley Law Office LLP | Jan 3, 2014 | Foreclosure
For Texas homeowners who are "underwater" in their mortgages or those who were foreclosed upon, there may be help on the way. Ocwen Financial Corp., will pay almost $70 million to Texas homeowners who lost their homes or are considered "underwater." This is to settle...