Does Filing for Bankruptcy Affect Employment? Yes and No
Those facing significant debt often feel as though they’re facing an uncertain future full of questions: will they be able to pay the debt? Should they file for bankruptcy? If they do file, how will that decision affect their financial stability moving forward? One...
How the Incoming Biden Administration Could Affect Bankruptcy Filings
This year, Americans came out to vote in larger numbers than ever before, and that shows that we appreciate the impact that presidential administrations can have on our lives. That impact affects everything from what you pay at the grocery store to what sort of...
Tax Liens and Bankruptcy: Getting the Most Out of Your Bankruptcy Filing
If you owe more than you can afford, it’s likely that bankruptcy has crossed your mind, and for good reason! After all, bankruptcy is a powerful process that helps hundreds of thousands of Americans each year. Unfortunately, there are some types of debt which...
Reasons to File Bankruptcy Right Away (& When to Wait)
If you’re struggling with debt beyond what you can afford, bankruptcy may be the tool you need to correct your financial situation. Deciding that bankruptcy is right for you is a major decision, but choosing the right time to file can be just as important as deciding...
Life After a Bankruptcy: The Impact and Recovery
There are many misconceptions surrounding bankruptcy. For instance, while many people seem to think that you can’t ever recover from bankruptcy, others see it as a get-out-of-jail-free card for “lazy” people. Neither of these are actually true. The reality is that...
Managing the Financial Pain: What You Need to Know About Bankruptcy & Medical Bills
Due to the global pandemic currently wracking our country, many Americans are finding themselves in the hospital. Medical bills can be difficult enough to handle in the best of times, and the added financial and emotional strain caused by COVID-19 is likely to make...
Bankruptcy and Your Retirement: What You Need to Know
If you’re struggling with outstanding debt and are considering bankruptcy, it’s important to understand how the process may affect, or be affected by, your retirement plans. Having an understanding of how your retirement may be impacted by a bankruptcy filing can help...
Does Bankruptcy Affect Your Spouse?
Bankruptcy is a complex process that affects many aspects of a filer's life. If you’re struggling with debts beyond what you can manage, you may be wondering how bankruptcy could help you and the rest of your family. If you’re concerned that bankruptcy may negatively...
Bankruptcy, Credit Counseling, and How to Spot Counseling Scams
If you’re struggling under debt, things may feel pretty hopeless. But it’s important to remember that there are options available for those dealing with substantial debt, and that having financial issues isn’t a failure, especially now as we face an unprecedented...
Discharging Tax Debt with Bankruptcy
For those owing significant taxes, bankruptcy may offer some limited relief. The process of discharging tax debt through bankruptcy is particularly complex, so we recommend you seek the advice of the experienced Brownsville bankruptcy lawyers of the Law Offices of...