affordable bankruptcy Dallas

Can Creditor’s Use the Spouse’s Bank Account to Recover Money in Bankruptcy?

Call: 888-297-6203 When you file for bankruptcy, anything and everything you own becomes part of the bankruptcy estate. However, filing for bankruptcy often is a cause of concern for people as they are worried that the creditors can come after their spouse’s bank accounts. Dallas based bankruptcy law firm Recovery Law Group says, that the best person to seek advice on such matters is an bankruptcy lawyer. You can call 888-297-6023 to schedule an appointment for a consultation with qualified attorneys. Bankruptcy attorneys are aware of the laws and whether your bankruptcy can affect your spouse or not. [...]

2021-12-07T04:19:08+00:00

Want to File for Bankruptcy as a Couple? Here’s What You Should Do

Call: 888-297-6203 When facing a bad financial situation, it is often important to not let your emotions get the best of you. In case you are considering bankruptcy as the way out of your financial problems, lawyers of Dallas based bankruptcy law firm Recovery Law Group, suggest that you should weigh-in the pros and cons of both, filing a joint bankruptcy petition as well as filing separate petitions for bankruptcy. Bankruptcy lawyers can help you come to the best decision. In case you need a consultation with experienced legal minds, you can call 888-297-6023. If you decide to [...]

2021-12-07T04:20:08+00:00

Can Bankruptcy Ruin Your Future?

Call: 888-297-6203 Inability to manage your finances can be an extremely frustrating situation. People are often unable to fathom how and when such a situation could have arisen. This can make you despondent which can be quite disheartening. However, one needs to think and act practically if they wish to get out of the financial mess, sooner rather than later. As per lawyers of Dallas bankruptcy law firm Recovery Law Group, the primary step one should take in such a situation is to consult and hire one of the best bankruptcy attorneys. In case you wish for a [...]

2019-09-25T13:32:29+00:00

Bankruptcy History in the U.S

Call: 888-297-6203 In the early 20th century, bankruptcy was a rare phenomenon, with just 0.15% in 1000 people choosing it to get rid of debt. However, over the past 100 years, people seeking financial protection through bankruptcy have increased dramatically. Over a period, through the 60s and 80s, an increase was observed in bankruptcy filings in the U.S. However, as per statistics available, between 1980-2000 an increase was seen with up to 7.6% per 1000 per year. Contrary to this, a decrease in this percentage was observed post-2004 with 5.3% per 1000 individuals. However, Dallas based bankruptcy law [...]

2025-09-05T13:03:00+00:00

Federal and State Bankruptcy Exemptions

Call: 888-297-6203 When you file for bankruptcy to get rid of your debts, there are certain assets that you can protect. This takes place due to the exemptions provided in bankruptcy to debtors. Both federal and state government offer different exemptions for individuals filing for bankruptcy. Despite the process of bankruptcy being governed by federal laws, lawyers of Dallas based bankruptcy law firm Recovery Law Group state that you can choose between the federal and state exemptions. Certain exceptions are common in both federal and state exemptions; however, their amount varies from state to state. These include: Homestead [...]

2021-12-07T04:32:54+00:00

You Can Also Avoid Bankruptcy

Call: 888-297-6203 Nobody likes to admit that they have got their finances messed up. Bankruptcy is advertising about this fact from the rooftop! Frankly, if possible, nobody would like to file for bankruptcy, however, there is no denying that bankruptcy is probably the best way to get rid of the huge burden of debt you have been carrying for a long time. Even some of the best people have ended up filing for bankruptcy when there was no way out for them. According to Dallas based bankruptcy law firm Recovery Law Group lawyers, sometimes, people can get out of [...]

2021-12-07T04:33:33+00:00

Getting Out of Debt is Easy

Call: 888-297-6203 Unless you take control of your finances when they first start spiraling out of hand, you will find it very difficult to manage them later. Despite your best efforts, bankruptcy might be the only way you might be able to get rid of your debts. However, filing for bankruptcy is a decision that can be quite emotional as well as confusing. Since most of the legal jargon goes above your head, Dallas based bankruptcy law firm Recovery Law Group says that hiring a lawyer is the best way to deal with bankruptcy. If you have not [...]

2019-09-20T13:15:04+00:00

Can Bad Financial Situation Lead to Depression?

Call: 888-297-6203 A huge amount of debts can send anyone in a tizzy. For people who do not take stress over things which they cannot control, things are manageable. However, those people who are constantly worrying about financial security, filing for bankruptcy can be a tipping point. Dallas based bankruptcy law firm Recovery Law Group has seen many clients (who had filed for bankruptcy) go through phases of depression. Low self-esteem and other negative effects on mental health have been observed in many bankruptcy filers. It is very important to seek guidance from professionals if you are facing [...]

2025-08-11T10:12:50+00:00

Risks Involved in Informal Debt Resolution

Call: 888-297-6203 When it comes to getting rid of a huge amount of debt, there are formal and legal options available like bankruptcy as well as informal options like loan workouts. Though bankruptcy is probably one of the best ways of getting rid of debt, lawyers of Dallas based bankruptcy law firm Recovery Law Group inform that the repercussions are something that people are often not prepared to adjust to. Individual consumers can file for bankruptcy under Chapter 7 or Chapter 13. Through these bankruptcy chapters, debtors repay some portion of their debt while getting rid of others at [...]

2025-08-08T05:54:54+00:00

How to Improve Your Credit After Bankruptcy Filing?

Call: 888-297-6203 Though bankruptcy is dreaded, it might be the best thing to happen to you. Many times, people need a reality check to get hold of their finances. Bankruptcy wakes them up like anything and makes them more responsible financially. Though it affects your credit history and can tank your credit scores, bankruptcy stays on your credit report for a maximum duration of ten years. Credit building efforts can start from the day you get your bankruptcy discharge which is 3-6 months from the filing date in case of Chapter 7 bankruptcy and 3-5 years in case [...]

2025-08-11T10:10:21+00:00
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