Why Child Support Payments Can’t Be Discharged
Mar 29, 2012
It is common family law practice to charge an ex-spouse to pay child support payments to the individual that is responsible for caring for the child. Like any other type of payment though, people can g...
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Chapter 7 Bankruptcy Timeline
Mar 21, 2012
Chapter 7 bankruptcy or total bankruptcy means that after the process is complete, you will be totally absolved of all debt. When no other options are doable for your situation, this is likely the rout...
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Defaulting on Student Loans
Mar 21, 2012
College students are living in the present with no thought of tomorrowuntil they start nearing graduation day. That college education came at a price and now graduates have to start thinking about how ...
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Removing the Stress from Dealing with the IRS
Mar 21, 2012
Many people struggle with tax debt. Dealing with the IRS may seem daunting, especially if you have had trouble with them in the past. If you fail to pay your tax returns then debt can build up extremel...
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The Bankruptcy Abuse Prevention and Consumer Protection Act
Mar 15, 2012
Passed in 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was enacted to change current bankruptcy laws. This new law made it more difficult for people to file for Chapter 7 ...
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Is Short Sale a Good Idea?
Mar 15, 2012
A short sale carries its name because the money you get from selling your home comes short of the amount of debt you owe on the house. A homeowner cant simply sell their home. They have to enter into a...
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Is Bankruptcy My Only Option?
Mar 15, 2012
If you are facing financial difficulties, you probably dont want to mention the word bankruptcy. Bankruptcy seems like a last resort and something that does more harm than good. While those things aren...
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Houston Unemployment and a Booming Texas Economy
Mar 07, 2012
The unemployment rate in Houston is at 10 percent as of December 2011 according to the US Bureau of Labor Statistics, 2 percent higher than the national average. This is shocking, considering Texas is ...
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What Happened to Foreclosure Prevention Funds?
Mar 07, 2012
Obama legislation to manufacture a foreclosure prevention fund seems like it has largely gone without effect. The plan, intended to help 18 states where foreclosures were most rampant, cost billions of...
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Discharging Your Debt
Jan 24, 2012
Having debt is like living with a rain cloud following you around everywhere you go. Its always in the back of your mind- worrying and distracting you. Thankfully, filing for bankruptcy is a viable opt...
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