affordable bankruptcy Dallas

All You Need To Know About Debt

Call: 888-297-6203 Debt is a loan or an agreement or a promise made to repay a loan over a period. The debt usually has two components, one is principal and the other one is interest. Interest-free loans are generally not considered fair and hence, the person receiving interest-free loans must include the potential fair interest to be paid as income on his/her federal tax return. The other important aspect of debt is the way it is paid out. Debt can have different arrangements for repayment, the most common one is to repay the debt on a periodic basis [...]

2025-07-28T10:50:39+00:00
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All About Bankruptcy!

Call: 888-297-6203 Bankruptcy is the last resort or an emergency number, which should be the last option in case of emergencies. Many people, for various reasons, more so during the pandemic era, are forced into debt. It may be due to excessive medical expenses or due to other uncertainties like job loss or business losses. Some people, due to poor management of finances and over-the-top expenditure beyond what they can afford, spoil their finances and fall into the debt trap. No matter what the reason or concern may be, bankruptcy is relieving from a grieving situation. To begin [...]

2025-08-11T06:40:38+00:00
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How Does Chapter 13 Debt Discharge Work?

Call: 888-297-6203 Bankruptcy usually is related to debt discharge. There can be scenarios when the bankruptcy might result in zero or no discharge. However, many people would be spooked or wouldn’t believe it if they were told Chapter 13 could also lead to some debt discharge. Discharge by definition is a legal order issued usually by the bankruptcy court to eliminate or release the liability of a debt from the filer. To know about more bankruptcy terms log on to https://recoverylawgroup.com/bankruptcy/. Key differences in discharge obtained through Chapter 7 and Chapter 13 Chapter 13 aims at settling as [...]

2025-08-11T06:50:20+00:00
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How To Retain Your Car After Bankruptcy?

Call: 888-297-6203 A car is more of an essence that supports travel for work reasons or emergencies. It surely isn’t a luxury for a person applying for bankruptcy. The car might also have some emotional or sentimental aspects attached to it for the owner. It might be as if it was a car that was gifted, or it might be your first car, those are certainly more valuable than the dollar value associated with it. Ownership status To understand whether your car can be safeguarded during bankruptcy or not, it is important to know the ownership status of [...]

2025-08-11T06:51:37+00:00
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What Are The Things Required For Chapter 7 Bankruptcy?

Call: 888-297-6203 Chapter 7 is a bankruptcy medium for businesses as well as individuals. It contributes to over 70% of bankruptcy cases and is one of the most popular chapters amongst bankruptcy filers. To ensure Chapter 7 procedures are followed appropriately and dismissal is not an obvious consideration for the bankruptcy courts, it might well be worthy to dial 888-297-6203 and seek professional assistance. However, it should be noted that it isn’t mandatory for the filer to appoint an attorney to file for bankruptcy via Chapter 7. Status of the filer The first thing to verify when filing [...]

2023-03-31T08:10:45+00:00
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Bankruptcy Discharge: Myth Or Possibility

Call: 888-297-6203 Discharge of debts often seems a lucrative consideration for people considering bankruptcy. A bankruptcy discharge is a phenomenon that is a side effect of declaring bankruptcy. Discharge can occur in all bankruptcy filings whether via Chapter 7, 13, or even 11 (for businesses). However, the amount of discharge remains variable that depends on different circumstances and situations of the applier. It is also important to note, that the repeat bankruptcy filers may end up with no or zero discharge if they have not completed the seasoning or the cool-off period. To know more about the cool-off [...]

2025-08-08T07:31:40+00:00
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Secured Debt Vs Unsecured Debt

Call: 888-297-6203 Secured debt is a debt form that is usually backed by an asset or collateral. These debts are usually of larger amounts and since they have a lien attached to them, they become important during the bankruptcy claims. A secure debt can broadly be classified into two types. Real property secured debt and personal property secured debt. Any debt that is secured by house, land, or any other real property by nature falls under the real property secured debt, and any debt that is secured under personal property like a car, motorbike, electrical appliance, etc., come [...]

2025-08-11T07:03:01+00:00
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Let Us Analyze The Pros And Cons Of Bankruptcy

Call: 888-297-6203 Bankruptcy has many impacts on the applier. The decision of bankruptcy is more on the situation and not on Pros and Cons. But discussing the same will help in deciding whether even in stressful situations, bankruptcy makes sense. Also, it prepares an individual inching towards bankruptcy for the future consequences of the same. Stay order In many situations, you are desperate to maintain a stay order to protect your assets or to safeguard them against lender liens. This can be a very difficult task especially when you have defaulted on several payments and the lender isn’t [...]

2025-08-11T07:06:09+00:00
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What Are Bankruptcy Exceptions?

Call: 888-297-6203 Bankruptcy exemptions are properties that are protected by the court from liquidation to repay the creditors. It is there in both bankruptcy codes and state laws. If you don't claim your exemption, the property will not be protected in your bankruptcy case. Why do bankruptcy exemptions exist? They exist so that the bankruptcy filers get a fresh start but don't have to start from scratch. They are in place so that you can keep some of the property. Who can claim bankruptcy exemptions?  Only individuals and married couples can claim exemptions as it is there to [...]

2025-08-11T07:07:41+00:00
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Bankruptcy Impact On Credit Score And Remedies

Call: 888-297-6203 Bankruptcy has a major impact on credit score, and it is obvious to hit the credit score of an individual by over 100 points at least. The credit score works on a factor that indicates an overall risk to the lender and the lower the credit score larger the risk for the lender. Once any person has declared bankruptcy, it is very difficult for a lender to trust or provide credit for such a person so easily. Such people might not be able to avail of any unsecured loan for several years, sometimes even up to [...]

2025-08-11T07:08:52+00:00
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PAID ATTORNEY ADVERTISEMENT: Wajda & Associates is a law firm. This website is an advertisement. It is not a lawyer referral service or prepaid legal services plan. Each of the lawyers on this site are either Managers, Members, Partners, Limited Partners or staff attorneys. An attorney responsible for the content of this Site is Nicholas Wajda, APC. licensed in California, Texas, and Indiana with offices at 309 W 11th Street Anderson, IN 46016. To see the attorney in your area who is responsible for this advertisement, please  Click here.  Prior results do not guarantee a similar outcome.
We are a debt relief agency. We help people file bankruptcy petitions to obtain relief under the bankruptcy code.