Obtaining a Mortgage after Bankruptcy

Many people assume that a bankruptcy means there is absolutely no way to obtain credit—let alone a mortgage—until it is off the credit report in 7-10 years. However, this is not true. You can obtain a mortgage in much less time than this, but you will need to wait. A Bankruptcy attorney in College … [Read more...]

The Trustee’s Role in Your Bankruptcy

A bankruptcy trustee is appointed by the U.S. Trustee Program, which is a branch of the Department of Justice. The trustee in your bankruptcy is not actually a government employee; rather, he is appointed to oversee your bankruptcy and make sure that everything is in order. While this is the case, … [Read more...]

Fair Credit Reporting Act

Established in 1971, the Fair Credit Reporting Act (FCRA) was created to protect the privacy and integrity of credit information and how it is handled. Given that credit information is integral to our contemporary economy, there was a need to establish guidelines that ensure the accuracy of … [Read more...]

Non-Dischargeable Debt in a Texas Bankruptcy

Whether a debt is dischargeable in a bankruptcy depends upon whether one files for liquidation under Chapter 7 or restructuring of debt under Chapter 13. However, certain types of debt are not dischargeable regardless. If you are considering bankruptcy as an option, it is in your best interests to … [Read more...]

Rebuilding Credit after Bankruptcy

Many people assume that after filing bankruptcy one’s credit will essentially be ruined for ten years. While it is true that the bankruptcy may remain on a credit report for this long, credit can be established in the interim. A College Station bankruptcy lawyer can help you plan for the rebuilding … [Read more...]