How will bankruptcy affect my credit?

How will bankruptcy affect my credit?

While there are several factors which impact your credit, filing for bankruptcy will likely have a negative impact on your credit for a long time. Of course, the severity of the impact will depend on your pre-bankruptcy credit, as well as your actions post-bankruptcy....
4 Infamous Celebrity Bankruptcies

4 Infamous Celebrity Bankruptcies

Even the best of us have financial issues during our lives. Celebrity bankruptcies teach us that no matter how much we earn, we should always be careful how we spend our money.  They also show us that although filing for bankruptcy can be painful, life goes on....
Alternatives to Bankruptcy

Alternatives to Bankruptcy

At some point in our lives, many of us will find ourselves in debt. We may be constantly harassed by creditors, unable to improve our credit score, and in danger of losing our remaining assets. With looser federal restrictions on bankruptcy during the COVID-19...
Benefits of an LLC

Benefits of an LLC

What are the benefits of having an LLC? As the name suggests, one major benefit of a limited liability company is the protection from liability that is available to managers or members of the company. See Bus. Orgs. Code § 101.114. Members are the persons who were...
Tenant Rights When A Lease Expires

Tenant Rights When A Lease Expires

What are my rights if I have a landlord who kicks me out when I have a lease I have not violated? When there is no breach of the lease, tenants are generally entitled to notice of termination that is equal to the number of days in a rent-paying period. See...
What Happens When I Don’t Have a Will?

What Happens When I Don’t Have a Will?

In Texas, if I don’t have a will, what happens to my property when I die? When someone dies in Texas without a will, the property owned by the decedent, who is also referred to as an “intestate,” will be distributed in accordance with the laws of intestacy. All of the...