debt settlement

So you have been sued and are wondering what to do next.  The first thing aside from having a lawyer review the Complaint is to carefully read everything yourself and determine how long you have to file an Answer at the Courthouse to avoid a default judgment.  Most credit card lawsuits end in default judgment [...]

As a bankruptcy attorney in Dallas, Tx I am asked by many clients if bankruptcy is their only option. My answer is always “No”. One of the biggest problems in the bankruptcy industry is people not advising their clients on all of their options. Educated consumers are smart consumers, and smart consumers make smart decisions. [...]

It is a harsh reality of today’s post-collegiate environment – two-thirds of all students now graduate with burdensome debt that can follow for many years to come. Following a recent news story on CBS Evening News, a comment was made that a student CAN have their federal student loans discharged in a Chapter 7 bankruptcy [...]

Everyone filing for Chapter 13 bankruptcy knows they will make a plan that must be approved by the bankruptcy court in order for them to proceed.  But what may be included in that plan?  The Bankruptcy Code uses vague terminology such as “fair” and “reasonable” to define what costs a debtor can claim are necessary [...]