Resources to Help You Master Your Money
Chapter 13 Trustee’s Debtor Education Course
IF YOU ARE A CHAPTER 13 CLIENT YOU CAN COMPLETE THE DEBTOR EDUCATION COURSE THROUGH THE CHAPTER 13 TRUSTEE'S EDUCATION NETWORK (TEN) All consumer bankruptcy clients must complete a second course in order to receive a discharge upon plan completion. This second...
Report Finds Increasing Financial Vulnerability In Families
THE TYPES OF FINANCIAL INSTABILITY FOUND IN A RECENT HARVARD BUSINESS REVIEW REPORT OFTEN LEADS TO THE NECESSITY FOR A BANKRUPTCY FILING A recent report in the Harvard Business Review found instability in household income. Spikes and dips in income were tracked...
U.S. Supreme Court Weighs Collection of Time-Barred Claims
Attempted Collection of Time-Barred Claims by Junk Debt Buyers. On January 17, 2017, the United States Supreme Court heard oral arguments in Midland Funding, LLC v. Aleida Johnson. Midland Funding is one of the most well known junk debt buyers in the industry....
The Greatest Mistake Made When In Financial Crisis
THE WORST MISTAKE THAT PEOPLE MAKE WHEN THEY ARE IN FINANCIAL CRISIS IS TO PROCRASTINATE. There are a number of reasons people procrastinate when they are in a financial crisis. Many may delay taking action because they believe things are going to change. This...
Financial Roundtable – KTBB AM 600 & 97.5 FM
I appeared as a guest today on the Financial Roundtable today, which is broadcast every Saturday and Sunday from 12-1pm on KTBB AM 700 and FM 97.5 in Tyler, and can be heard on the web at www.ktbb.com. The Host, Randy Stevenson, asked whether I have seen more...
Reinstatement of Driver’s License Through Bankruptcy after Suspension
A TEXAS DRIVER'S LICENSE CAN BE SUSPENDED AS A RESULT OF AN ACCIDENT CAUSED BY A MOTORIST WHO HAS FAILED TO MAINTAIN LIABILITY INSURANCE AT THE TIME OF THE ACCIDENT. One method to get the suspension of a Texas Driver's License lifted after suspension resulting from...
Debt Collection Letter Sent on Time-Barred Claim Violates FDCPA
THE FIFTH CIRCUIT COURT OF APPEALS HAS RULED THAT THE SENDING OF A COLLECTION LETTER TO AN UNSOPHISTICATED CONSUMER ON A TIME-BARRED DEBT, WITHOUT REVEALING THAT THE DEBT IS JUDICIALLY UNENFORCEABLE, CAN VIOLATE THE FAIR DEBT COLLECTION PRACTICES ACT ("FDCPA"). The...
Motion for Relief from Automatic Stay
HAVE YOU RECEIVED A MOTION FOR RELIEF FROM AUTOMATIC STAY IN THE MAIL WHILE YOU ARE IN A CHAPTER 13? I always tell Chapter 13 clients if they receive what is known as a "Motion for Relief from Automatic Stay" it generally means that they are not doing what is...
Opening of Tyler Bankruptcy Office
FILING BANKRUPTCY- NEW TYLER OFFICE I am pleased to announce that I now have an office in Tyler, Texas (Meetings with me at the Tyler office will be by appointment only). The office is located at 6655 Oak Hill Blvd., Tyler, Texas 75703, which is behind Fresh off of...
Making Chapter 13 Plan Payments Through Bank Account
CHAPTER 13 PAYMENTS FOR THOSE PERSONS WHO ARE NOT EMPLOYED CAN BE SET UP TO COME OUT OF THE DEBTOR'S BANK ACCOUNT The Chapter 13 Trustee for the Eastern District of Texas uses TFSbillpay to allow for monthly payments to be deducted from a bank account. For those...
