Category Archives: Bankruptcy
Texas vs. Federal Bankruptcy Exemptions: Which Should You Choose?
Bankruptcy law is meant to give honest people a fresh start — not to strip them bare. When filing for Chapter 7 or Chapter 13 bankruptcy, one of the most important decisions you make concerns the use of exemptions: mechanisms that allow you to shield specific assets from creditors so that they cannot be seized… Read More »
U.S. Personal Bankruptcy Filings Continue on Sharp Rise
The United States is seeing a sustained spike in personal bankruptcy filings. According to recently released data from the U.S. Courts, personal (non-business) bankruptcy filings rose 13 percent during the 12-month period ending March 31, 2025, to 505,771 from 447,458 in the previous 12-month period. What’s more, this latest increase follows a steady upward trend… Read More »
How the COVID-19 Pandemic Affects Your Pending Bankruptcy Proceeding
Every part of the country has been affected by the coronavirus. Like restaurants, arenas and other locations where people assemble for business or pleasure, most courts have been closed. If you are in the midst of a bankruptcy proceeding, your case might be delayed, handled telephonically or be otherwise disrupted due to the pandemic. Furthermore,… Read More »
Drop in Car Crashes, Spike in Bicycle Accidents Linked to Coronavirus
Once Americans came to understand how deadly the coronavirus can be and how easily it is passed from person to person, transportation habits changed. Not only did people drastically curtail business and personal travel, but many stopped going to their workplaces. That has led to a reduction in car accidents at the same time that… Read More »