If you are a Texas resident facing financial circumstances that have you contemplating the benefits of bankruptcy protection, it is always a good idea to be sure you know what your options are before you flip the switch.There are distinct differences between the...
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Month: August 2014
Closed reverse mortgage loophole should mean fewer foreclosures
On Behalf of Pelley Law Office LLP | Aug 18, 2014 | Foreclosure
Chances are you've seen any number of pitches touting the potential benefits of reverse mortgages in your retirement. The concept certainly sounds appealing.If you are over 62 and have solid equity in your home, you can borrow against that equity without having to pay...
Wrestling with debt? A bankruptcy consult may lead to a takedown
On Behalf of Pelley Law Office LLP | Aug 14, 2014 | Debt Relief
Life can be a struggle. Whether you are an average consumer or a small business owner, it is possible to wind up facing a tidal wave of debt and feeling as if there is no way of avoiding an inevitable crash.There are solutions available, but a lot of things can...
Texas bankruptcy crackdown sees woman sentenced to federal prison
On Behalf of Pelley Law Office LLP | Aug 4, 2014 | Chapter 13 Bankruptcy
If at first you don't succeed, try, try again. As encouragement for persistence those words deserve to be taken to heart. But as the case of a Dallas woman indicates, if pushed to the limit within the context of filing for bankruptcy, there could be dire...