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Report Finds Increasing Financial Vulnerability In Families

Report Finds Increasing Financial Vulnerability In Families

THE TYPES OF FINANCIAL INSTABILITY FOUND IN A RECENT HARVARD BUSINESS REVIEW REPORT OFTEN LEADS TO THE NECESSITY FOR A BANKRUPTCY FILING A recent report in the Harvard Business Review found instability in household income.  Spikes and dips in income were tracked and there was more than five months of the year that had a… Continue Reading

Housing Markets Less Affordable than Historic Norms

Housing Markets Less Affordable than Historic Norms

 RealtyTrac® http://www.realtytrac.com released housing data on this date indicating that 9% of housing markets are less affordable in Quarter 1 of 2016 as compared to historic normal levels. The data from RealtyTrac® indicates that median home prices as compared to average wage data have increased in 9% of the 456 counties analyzed, as compared to 2%… Continue Reading

Bankruptcy Lawyer With Offices in Jacksonville & Nacogdoches, Texas

Bankruptcy Lawyer With Offices in Jacksonville & Nacogdoches, Texas

FILING BANKRUPTCY- NEW EAST TEXAS OFFICES We are pleased to announce that we now have offices in Jacksonville, Texas and Nacogdoches, Texas (Meetings with a lawyer in Nacogdoches are by appointment only) to serve the needs of our bankruptcy clients in the cities andcommunities of Tyler, Longview, Troup, Whitehouse, Bullard, Flint, Gresham, Kilgore, Henderson, New… Continue Reading

Trust Property & Bankruptcy

Trust Property & Bankruptcy

A decision by Judge Parker out of the Tyler Division of the Eastern District of Texas dealt with the issue of whether or not property distributed to a beneficiary of a trust was property of the bankruptcy estate. DEBTOR PROTECTION The case involved a Debtor who received distributions from a trust that was established by… Continue Reading

Are Debt Settlement and Negotiation Agencies Recommended

Are Debt Settlement and Negotiation Agencies Recommended

DEBT SETTLEMENT AND DEBT NEGOTIATION It is virtually impossible  to turn on the television or radio without hearing or seeing an advertisement for debt settlement. The companies that advertise their services for debt settlement offer a myriad of different approaches to “settling” the debts of their clients. Debt settlement in its simplest form is offering… Continue Reading

About Your Chapter 13 Plan Payments

About Your Chapter 13 Plan Payments

CHAPTER 13 PAYMENTS All Chapter 13 Plan payments are due thirty (30) days after the bankruptcy is filed.  If you are employed, then a Motion will be filed with the Bankruptcy Court asking for an Order to be served on your employer requiring that the bankruptcy plan payments be withheld from your wages. This process… Continue Reading

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