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There were nearly 33,700 properties with foreclosure filings during the first quarter of 2021. Although the Covid-19 pandemic moratorium on foreclosures markedly decreased the number of them from the same quarter of 2020, they were still up 9% from the last quarter of 2020. The safety net that supported so many homeowners for a time is gone. For those who were already struggling with mortgage payments, the end of the moratorium may mean they will lose their homes.

According to statistics from the American Bankruptcy Institute, there were 26,723 total bankruptcy filings in Texas in 2020. Unexpected life events can make meeting financial obligations difficult for married couples. Spouses facing financial distress may decide to file for bankruptcy either individually or together. Understanding how filing for bankruptcy affects your spouse is crucial to help you make the right decision.

Filing for Chapter 7 or Chapter 13 bankruptcy can help you get financial relief when overwhelmed with debt, with all qualifying debts being discharged. Once your debts are discharged by the court, it means you will not have to repay them, and the lender can't make any attempt to collect such debts. Unfortunately, some creditors may fail to honor your debt discharge.

Filing for bankruptcy may seem like a last resort, but it can give you the financial freedom to move forward with the next chapter in your life. If you have decided to file for bankruptcy, you may be wondering where to start and what you need to know about the process. Luckily, we are available to discuss your options with you.

When facing financial adversity, filing for bankruptcy may be one of the last-ditch options you may be considering to get financial relief or achieve the fresh start you deserve.

Choosing to file for bankruptcy is a major decision. So is choosing which type of bankruptcy you file. Thousands of individuals and businesses make these critical choices every year. Everyone deserves a new start. The question is which path you should take to get there.

According to statistics from The American Bankruptcy Institute, in 2020, there were about 26,143 bankruptcy filings in Texas. Individuals going through financial hardship can file bankruptcy to get relief from debt or a needed fresh start.

Individuals and businesses going through financial distress can file bankruptcy to get the immediate debt relief or fresh start they deserve. However, life post-bankruptcy often comes with some surprising changes.

Chapter 13 bankruptcy is a solution that offers aid to individuals who have a regular income but are nevertheless suffering from heavy debt. A Chapter 13 plan gives you a three to five-year window of opportunity to catch up on past-due payments.

Debt is an issue that many people struggle with, and whatever the cause may be, it can take a toll on even the most strong-willed individual. There is a solution to the problem, which is filing for Chapter 7 bankruptcy. Though it does not sound like something that can offer relief, the reality is that it can help you discharge debt.