Entries by Gulf Coast Bankruptcy Attorney

Can Student Loans Be Discharged in Bankruptcy?

Student loan debt in the U.S. has reached a staggering $1.75 trillion. While these loans are often used to further higher education, the debt remains a significant problem for many people because of its heavyweight on individuals and their finances. People are often wary of including student loan debt in bankruptcy filings because they do not […]

Bankruptcy and Your Credit Report

Making the decision to file for bankruptcy to manage debt is never an easy thing to do. Even when bankruptcy is the best choice for a debtor, it’s usually a last-resort option. And while bankruptcy can provide a huge sense of financial relief and provide someone with the ability to discharge their debts, bankruptcy also […]

Dealing With Debt Caused By the COVID-19 Pandemic

In addition to the risk of health complications or even death due to the coronavirus, the COVID-19 pandemic has also caused financial challenges for many individuals throughout the country. If you are now dealing with debt that was accumulated during the ongoing COVID-19 pandemic, you are not alone. While you may be feeling overwhelmed and […]

What is the Difference Between Chapter 7 and Chapter 13? 

If you’re struggling financially and have tried things like credit counseling or selling off some assets, you may be considering bankruptcy as your next option. Do a little more research, and you’ll soon discover that there are several different types of bankruptcy available to individuals: Chapter 7 and Chapter 13. Before you can move forward, […]

What Should I Look For in a Bankruptcy Attorney?

If you are thinking about filing for bankruptcy, your best chance for a successful outcome is to partner with a good bankruptcy lawyer. Although you can file for bankruptcy without an attorney, it’s not a good idea to do so. Here are some reasons why you should hire a bankruptcy lawyer and what you should […]

Could I Lose My Home If I File for Bankruptcy?

Owning a home has been a part of the “American Dream” for generations. If you’re struggling with debt, you might fear losing one of the most valuable assets you own – your home – when you file for bankruptcy relief. But, with the right strategy, you should be able to keep your home and some […]

What You Need to Know About Bankruptcy Credit Counseling

Before filing bankruptcy in the Gulf Coast area, you’re required to complete credit counseling. The Federal Trade Commission has created this requirement to help consumers understand their current financial situation and avoid having people with lifelong debt issues. If you are planning to file for Chapter 7 or Chapter 13 bankruptcy, here is what you […]