Hugh Massey Ray III's Answers

Under TX debt collection laws what are a debtor's rights when a credit card company has secured a judgment against me

First, please understand that this communication does not make me your lawyer and you are not my client. I do not know all the particular facts of your situation - for instance, whether you are a Texas resident and for how long, how you make money ad what you own, and whether the credit card company sued for fraud or just sworn account. Generally - here are the possibilitiies: The credit card company may sell the judgment to a collection company, who may re-sell it, etc.. Whoever holds...

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Can past state or federal income tax debt be discharged in bankruptcy

First, I am not your lawyer and I do not have enough information from your question to give specific legal advice. This does not answeer questions of Georgia law. Generally, I can state the following: 1) If a person files bankruptcy he MUST file his tax returns or else the bankruptcy will be dismissed. If no return was filed, or if the returns were filed within the last 2 years, the taxes cannot be discharged (11 U.S.C. §523(a)(1)(B). If the return was fraudulent, the taxes cannot be...

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Should I file for bankruptcy?

First of all, I need to clarify that I am not your lawyer and since you do not live in Texas where I practice, this should not be construed as legal advice, rather it is a generally applicable statement of the law. People generally file bankruptcy to protect assets - to prevent a foreclosure, etc. If a debtor has no job, nothing substantial to seize, no significant wages to garnish, etc., there is little benefit from bankrutpcy. Also, with very rare exceptions for extreme hardship, (i....