Legal Articles, Bankruptcy & Debt
Is the Great Recession the Reason for Today’s Student Loan Crisis?
Delinquencies and defaults on student loans are not only damaging to credit; they can lead to collections lawsuits, interception of tax refunds, wage garnishments, and more.
Consumer Debt Topics: When the Collections Lawsuit Escalates
Medical bills are the number one reason for consumers in the US landing in hot water over money matters. If you've used credit cards to pay for co-pays, prescriptions, doctor’s visits, and procedures, you probably maxed out your limit shockingly fast.
Credit Card Debt This Year: Consumers Paid $104 Billion in Interest and Fees
Taking on a credit card may seem like a good idea at first, but in many cases, credit cards are a slippery slope offering the temptation to spend more than you can afford.
Mortgage Liens in Chapter 7 Bankruptcy
Houston Bankruptcy attorneys are often asked what happens to mortgage liens in Chapter 7 bankruptcy.
David’s Bridal Files Chapter 11 Bankruptcy
On November 5th David’s Bridal filed Chapter 11 bankruptcy.
Bankruptcy Makes the Creditors Stop Calling
The bankruptcy system is set up to give you time to reorganize your debts or liquidate your assets depending on the type of bankruptcy you choose.
Bankruptcy Myth: Untrustworthy People File
Some misconception is that shady people rack up a bunch of bills and they want the courts to bail them out.
Many Borrowers Working Just to Pay Student Loan Debt
If you are a student loan borrower worried about strained finances, remember that it is important to take every step possible to avoid defaulting. While you may hear of some borrowers letting their loans ‘go,’ be aware that there are many serious repercussions.
Student Loan Refinancing? Don’t Be Led Astray
As student loans burden over 44 million borrowers today and affect the economy of the nation overall, both graduates and non-graduates alike are struggling to the point of national concern.
