By David A. Fernandez | Published May 6, 2021 | Posted in Bankruptcy | Tagged Tags: bankruptcy, credit report, creditors | Leave a comment
Many people fear that filing for bankruptcy will be a permanent black mark on their credit rating. They may avoid bankruptcy in the hope that they will be able to salvage their creditworthiness but instead end up digging themselves further into a financial hole. In truth, a bankruptcy filing has only a temporary effect, and Read More
Read MoreJob losses and a reduction in supplemental unemployment benefits have led people through the Houston area to rely on credit cards and unsecured personal loans to try to make ends meet during the pandemic. Once temporary relief programs expire, many Texans will be facing repossessions, evictions and foreclosures. As debt relief attorneys, we are passionate Read More
Read MoreMany people may believe that bankruptcy usually occurs because of excessive spending and financial mismanagement, but this could not be further from the truth. The vast majority of bankruptcy petitioners are financially responsible people who find themselves in a financial bind after a run of bad luck that could have happened to anyone. Medical bills Read More
Read MoreDuring these tough economic times, many Americans are experiencing an inability to meet their obligations as they become due. Whether the inability is due to a loss of job, illness, the requirement to take a lesser salary, divorce or another change in your economic health, you do have options. As more and more people find Read More
Read MoreMany people know they need to file for bankruptcy but always seem to have an excuse for not reaching out to a Chapter 7 attorney in Houston. Nearly all of these excuses come down to fear: I am afraid that bankruptcy will ruin my credit score I am afraid that my boss will find out Read More
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