Resources to Help You Master Your Money
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...
Reorganizing Payments on Student Loans in Chapter 13
USING CHAPTER 13 BANKRUPTCY TO REORGANIZE PAYMENTS ON STUDENT LOANS Under the United States Bankruptcy Code Section 523(a)(8), student loans are generally non-dischargeable in a bankruptcy. Since there is no dischargeability it is important to find a method to deal...
Housing Markets Less Affordable than Historic Norms
RealtyTrac® http://www.realtytrac.com released housing data on this date indicating that 9% of housing markets are less affordable in Quarter 1 of 2016 as compared to historic normal levels. The data from RealtyTrac® indicates that median home prices as compared...
What Happens to My Property When I File a Chapter 13 Bankruptcy?
Debtors do not surrender any property they might own in a Chapter 13 bankruptcy filing. The Debtors remain in possession of the property. To the extent the Debtors in a Chapter 13 bankruptcy own property that cannot be exempted under the Bankruptcy Code or Texas...
Will I lose Any of My Property When I File Chapter 7 Bankruptcy in East Texas?
What Happens When a Bankruptcy Case is Filed in East Texas? When a bankruptcy case is filed in East Texas an estate is created that consists of the property that is defined in Section 541 of Title 11 of the United States Bankruptcy Code. Of course the personal...
