Articles specifically discussing Chapter 7 bankruptcy cases filed in Texas.
My clients often ask me what happens after Chapter 7 bankruptcy. Completing a bankruptcy case can be a life-altering event. For example, once the case is completed the debtor will most likely start receiving offers to obtain credit card debt. … Continue Reading
When a debtor files Chapter 7 bankruptcy most of their debts are discharged at the end of the case. Discharging a debt means that the debtor is no longer personally liable for the debt. They don’t have to pay the… Continue Reading
Chapter 7 bankruptcy is all about discharging debt. When determining whether to file Chapter 7 bankruptcy, the main question that needs to be asked is can you afford to repay your debts. FIrst, take a long look at your budget. I… Continue Reading
Chapter 7 bankruptcy is designed to discharge debt. However, sometimes debtors don’t want specific debts discharged. I’m not talking about a credit card or money owed to a favorite doctor. I’m referring to secured debt like car loans and mortgages… Continue Reading
Chapter 7 bankruptcy discharges most types of debt. This means that once the case is completed the debtor is no longer liable for the dischargeable debts listed in the bankruptcy. However, discharging a debt does not remove the lien against… Continue Reading