Increasing costs of health care and falling pensions are causing more senior citizens in Texas to seek bankruptcy relief. When filing for bankruptcy, older adults may enjoy specific advantages. But for seniors who possess a great deal of non-exempt property, bankruptcy may not be the appropriate choice. Your Medical Bills Can Be Eliminated by Filing for Bankruptcy Medical debt is among… Read More »

Have you ever received a letter about a debt from a company that you’ve never heard of before? If so, you likely received a letter from a debt buyer — a company that buys debts from other companies at a discount and then works to collect the money owed from the debtor. This is a… Read More »

Financial problems can happen to anyone, even famous people who have made millions of dollars. Here are 5 celebrities who went bankrupt, and what you need to do if you are experiencing money troubles yourself. 1. Debbie Reynolds This 1950’s actress made millions for her acting roles, but she seemed to always be plagued by… Read More »

In today’s changing economy, it’s not uncommon for people to become overwhelmed with bills and expenses. Whether your struggle is due to rising healthcare costs and the lack of insurance or the loss of a job, know that you are not the only one trying to make ends meet. Bankruptcy may be a way for… Read More »

If you do not meet the criteria to file for a Chapter 7 bankruptcy, you still may be eligible to file a Chapter 13 bankruptcy. However, there are some key differences between the two that you must understand before you file. Here’s what you need to know about Chapter 13 bankruptcy in Florida. 1. You… Read More »