Resources to Help You Master Your Money
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...
Bankruptcy Lawyer With Offices in Jacksonville & Nacogdoches, Texas
FILING BANKRUPTCY- NEW EAST TEXAS OFFICES We are pleased to announce that we now have offices in Jacksonville, Texas and Nacogdoches, Texas (Meetings with a lawyer in Nacogdoches are by appointment only) to serve the needs of our bankruptcy clients in the cities...
Trust Property & Bankruptcy
A decision by Judge Parker out of the Tyler Division of the Eastern District of Texas dealt with the issue of whether or not property distributed to a beneficiary of a trust was property of the bankruptcy estate. DEBTOR PROTECTION The case involved a Debtor who...
What Happens to My Income Tax Refund in a Chapter 13?
INCOME TAX AND BANKRUPTCY EAST TEXAS If the Debtor in a Chapter 13 case has been required to file federal income tax returns in the years prior to the filing of bankruptcy, then a refund amount for future years is estimated based on these refunds and circumstances...
Are Debt Settlement and Negotiation Agencies Recommended
DEBT SETTLEMENT AND DEBT NEGOTIATION It is virtually impossible to turn on the television or radio without hearing or seeing an advertisement for debt settlement. The companies that advertise their services for debt settlement offer a myriad of different...
Chapter 13 Trustee Online Case Status System
KEEP TRACK OF YOUR CHAPTER 13 PAYMENTS FROM YOUR HOME If you are a Debtor in a Chapter 13 case there is an easy way for you to keep track of the payments you have made toward your plan of reorganization by going to the Chapter 13 Trustee's website. This website...
About Your Chapter 13 Plan Payments
CHAPTER 13 PAYMENTS All Chapter 13 Plan payments are due thirty (30) days after the bankruptcy is filed. If you are employed, then a Motion will be filed with the Bankruptcy Court asking for an Order to be served on your employer requiring that the bankruptcy plan...
