Articles with general information about filing Chapter 7 and Chapter 13 bankruptcy in Texas.
Chapter 13 bankruptcy cases can last three to five years. During the bankruptcy case, the debtor makes payments to a trustee who in turn pays the creditors as per the terms of the Chapter 13 plan. In order to continue in the bankrupty case the… Continue Reading
People considering filing bankruptcy are often concerned with whether they can be discriminated against for filing. Usually this concern falls into two categories: utilities and employers. The Bankruptcy Code states that utilities cannot deny a person service for filing bankruptcy. … Continue Reading
Whether or not filing bankruptcy will hurt the filer’s credit score depends on whether their credit rating is already low. A typical bankruptcy filer has a significant amount of debt and has already defaulted on several accounts. If this is… Continue Reading
An automatic stay goes into effect upon the filing of a bankruptcy petition. This stay prevents creditors from attempting to collect any debt incurred before the date of the bankruptcy filing. Almost all types of collections activities are prevented by… Continue Reading
Most bankruptcy filers in Chapter 7 and Chapter 13 cases never have to make an appearance in bankruptcy court. In most cases debtors simply have to attend a meeting with a trustee, called a 341 meeting of creditors. These meetings… Continue Reading