• According to the United States federal court system, over 775,000 bankruptcy cases were filed in 2018. In the Texas district alone, including Fort Worth and Arlington, over 4,000 cases were filed last year! And although the national figure has crept down in recent years, it still represents a significant number of Americans seeking debt relief and financial stability.

    It’s no surprise that people seek the services of a bankruptcy law firm in order to wade through the complicated legal process. For simplicity, we focus here on individuals filing Chapter 7 and Chapter 13, and how to search for a bankruptcy attorney in Arlington TX or Fort Worth.

    Bankruptcy is a legal proceeding filed in federal court which allows individuals or businesses (debtors) freedom from debts while allowing creditors an opportunity to arrange for collection schedules.Rules are outli Continue Reading

  • How to Tell If You Are Bankrupt

    Bankruptcy cases in the United States are fewer than they were during the financial crisis in 2008. Statistics show that in 2014, the U. S. Court System Administration Office registered 936,795 cases. Compare that to the 772,646 cases in 2019, and you can see that fewer individuals and businesses are declaring themselves insolvent.

    However, when your best-laid plans don’t pan out, and you end up being unable to meet your debts, then filing for insolvency becomes a necessary option. But how do you know when you should declare yourself insolvent? Here are three signs that it may be time to look for a low cost bankruptcy attorney to remedy your situation.

    1. Creditors Are After You

    When your creditors keep demanding that you pay your debt, but you don’t hono Continue Reading

  • Stuggling With Crushing Debt? Here’s Why Bankruptcy IS An Option To Consider

    Debt can leave you feeling helpless. It can make it harder to make ends meet, and increase your overall stress and anxiety. Despite this, millions of American’s struggle with looming debt everyday, with seemingly no chance of relief. However, if you are dealing with a large amount of debt, and looking to find debt relief, there is one option you should seriously consider; bankruptcy.

    The Benefits Of Bankruptcy.

    While many people tend to consider bankruptcy to be a dirty word, it can actually be beneficial in many ways to those struggling with large amounts of debt. A Bankruptcy attorney can work through your unique case, and tell you the exact type that is best for you, and what you should expect from the outcome. A few of the most common, and significant, benefits can include: