One of the biggest concerns anyone going through bankruptcy in Texas is likely to have centers on rebuilding their credit score after their previous debt has been cleared as a result of the process. It's a legitimate issue because of how much we rely on credit on a...
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Bankruptcy
Don’t forget co-signers in the event of bankruptcy
On Behalf of Pelley Law Office LLP | Apr 16, 2014 | Bankruptcy
Financial issues can leave you feeling as if you are all alone in the world. That isn't the case most of the time. There may be times when issues crop up suddenly and leave you reeling. Unexpected medical bills might be an example.Often, though, debt problems develop...
Texas court grants bankruptcy protection to bitcoin exchange
On Behalf of Pelley Law Office LLP | Mar 17, 2014 | Bankruptcy
The world of the bitcoin is so new that most people have no idea what it is or how it works. While it might seem like trading in a nonexistent commodity, bitcoins have real value because a growing number of people have decided they do. Because of that, a whole new...
Bank: Errant bankruptcy filing reports due to computer glitch
On Behalf of Pelley Law Office LLP | Feb 24, 2014 | Bankruptcy
How does that saying go? To err is human, to really mess things up requires a computer. That may be what a lot of customers of one bank are mumbling to themselves right now. The bank is based in another state, but has branches around Texas.In just the past few weeks,...
Texas football notable seeks help through bankruptcy
On Behalf of Pelley Law Office LLP | Jan 27, 2014 | Bankruptcy
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...
Which form of bankruptcy is right for you?
On Behalf of Pelley Law Office LLP | Dec 13, 2013 | Bankruptcy
Many people live with significant amounts of debt and struggle to make ends meet. People who have a difficult time paying down their debt often have a hard time paying for everyday expenses. The situation only gets worse when debt collectors start calling, trying to...
Post-bankruptcy American Airlines enters new stage of life
On Behalf of Pelley Law Office LLP | Dec 9, 2013 | Bankruptcy
It's official. American Airlines has been reborn. As of this morning, Dallas-based American and US Airways were consolidated into what is the world's largest airline. The company is retaining the American Airlines name, but its executive team will be comprised mainly...
Child pop star files bankruptcy to get out of debt
On Behalf of Pelley Law Office LLP | Nov 27, 2013 | Bankruptcy
Dallas readers might have been familiar with the child pop singer Aaron Carter, the younger brother of Nick Carter from the Backstreet Boys. A bankruptcy coming from a celebrity might seem surprising, but in this case it explains a lot about what happens when you come...
Do fewer bankruptcy filings mean all is well? Not necessarily
On Behalf of Pelley Law Office LLP | Nov 11, 2013 | Bankruptcy
Bankruptcy filings are down as we close out 2013. According to Marketplacel.org, the number of individuals seeking debt relief through the various forms of bankruptcy is down by about 30 percent from what it was at the height of the recent recession.Does that mean...
Are there money problems that technology could solve?
On Behalf of Pelley Law Office LLP | Oct 14, 2013 | Bankruptcy
With everything tending toward going digital these days, is the time ripe for money to go that way, too? There is a cadre of individuals that thinks it may be.At the very least this group thinks there are enough problems in how the current currency-based world works...