Separated, but Divorcing Debtors Filing together before divorce Some married couples choose to file a joint petition of bankruptcy before they divorce. Using one attorney to file a joint petition may be possible, but there is a potential conflict of interest. In some circumstances, provided the parties agree (and represented by separate divorce attorneys), [...]
SUMMARY: Generally, bankruptcy immediately stops most creditor harassment. Creditors are ordered to stop all garnishment, lawsuits, levy, foreclosure and contact. Outside of bankruptcy, you may be able to file a complaint or sue for illegal debt collection. Filing Bankruptcy to Stop Creditor Harassment The biggest advantage of bankruptcy is that the automatic stay is [...]
Secured debts are those where the creditor has a security interest in property. Normally, a security interest is obtained in writing, such as a deed of trust on a home, or by taking a lien against a car title. Sometimes, security interests arise when a seller finances the item, such as jewelry purchased at a [...]
Many people think that if they have filed for bankruptcy in the past, they cannot file again if they have financial problems again. There are time restrictions on filing a second case after discharge in the first case. There may be a waiting period. For example, if you have filed a Chapter 7 bankruptcy [...]
Will filing bankruptcy hurt my co-debtor?
Both spouses are not required to file bankruptcy. If you are married, you can file bankruptcy together. But in certain situations, a married couple may not need for both spouses to file bankruptcy. Examples are where most of the debt is only in one spouse’s name, or where one of the spouse has filed [...]
When Do You Need to File Bankruptcy? Bad things do happen to good people, but you can file bankruptcy to help. If you are overwhelmed with debt, filing bankruptcy may be a wise choice. Signs that tell you filing bankruptcy may be urgent: More than one month behind on mortgage, with no plan to [...]
You may be able to file bankruptcy in Texas as long as you have lived here for the majority of 180 days immediately before the petition was filed. If you have lived only in Texas for 91 days, you may be eligible. You may not be eligible, however, to use the Texas state exemptions. [...]
Where you file bankruptcy usually depends on where you live (or have lived during the majority of the last 180 days). We handle bankruptcy cases for clients in the Eastern District of Texas (East Texas), Tyler, and Marshall Divisions. The Bankruptcy Court for these divisions is located in Tyler, Texas.