Saturday, December 28, 2013

Money Wiring Scams

In today's world, many people wire money to family or friends in other cities or countries on a regular basis. However, many dishonest people have been found to be stealing money off hard working ,honest individuals and families by luring them to wire money to them. Remember, wiring money is like sending cash. When you wire money, you cannot get the money back. How to protect yourself from these scams: You should never wire money to someone you do not know. The attached video shows some common money wiring scams, and what happens to some people who meet the scams.

source: http://www.consumer.ftc.gov/media/video-0079-money-wiring-scams
For helping you get a better understanding of Bankruptcy, have setup a Bankruptcy Information Center at our website with information written and curated by our San Antonio Bankruptcy Attorney

Monday, December 23, 2013

Understanding Debt

What is Debt? What is the difference between Good and Bad Debt? How much Debt is too much?

Our San Antonio Bankruptcy Attorney has created the below infographic to help answer these common questions regarding Debt in the simplest possible manner. If you'd like to get a free consultation, please contact us .


For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Wednesday, December 18, 2013

A Timeline of Chapter13 Bankruptcy

Chapter 13 Bankruptcy allows a person with a steady income to devise a plan towards repaying part or all of their debt.
To help you understand Chapter 13 bankruptcy in a simple yet comprehensive manner, our Bankruptcy Attorney has created this infographic explaining the Chapter 13 Timeline
For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Tuesday, December 17, 2013

Pre Paid Cards

Prepaid cards are mainstream financial products, widely used and relied upon by consumers. However, like all financial products, picking one without researching can lead to losses. The video below shows what happens when someone gets a prepaid card without checking out the fees first. source: http://www.consumer.ftc.gov/media/video-0062-prepaid-cards

Monday, December 16, 2013

Filing For Bankruptcy

There are two ways that most consumers might file bankruptcy. Chapter 7 and Chapter 13. To help one understand the steps behind these 2 types of bankruptcy filings, our Bankruptcy Attorneys have prepared this simple to understand infographic which will walk you through the steps of each.

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Sunday, December 8, 2013

Employer Credit Checks

An employer credit check is a way that employers can use credit history to decide whether to hire an employee or not. This infographic gives you an a snapshot of the various statistics regarding employer credit checks across the United States.




For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Tuesday, December 3, 2013

Houston Closer to Tightening Restrictions on Short Term Loans

Payday and title loan operators may soon find it more difficult to lend money in Houston.  The Houston Chronicle reports, Mayor Annise Parker let the controversial business owners know she considers their business practices harmful to the city's hard working citizens.  Parker rejected a compromise between the city and the industry.  The full Houston City Council is prepared to vote in December on regulations that mirror those passed in other major cities in Texas.

Despite seemingly wide spread opposition to the industry across Texas, state lawmakers have consistently failed to pass meaningful reforms to limit the predatory loans.  We hear from workers daily who have fallen into the payday/ title loan trap.

    "Often just one loan begins a snowball effect that only deepens a consumer's financial frustrations," says San Antonio Bankruptcy Attorney, Gerald Moton.
 
     "The types of loans do much more harm than good and more regulations are long overdue."

When consumers become overwhelmed with short term loans and trapped in the cycle of debt, bankruptcy can offer a fresh start.  Both Chapter 7 and Chapter 13 bankruptcy offer consumers protection from these types of creditors.
 
     "Relief is probably the most common emotion my clients who were struggling with these types of predatory loans feel after they file for bankruptcy.  The fleecing of their pay checks stops and they get a fresh start,"  Moton adds.

If you or someone you know if struggling with debt,  bankruptcy might be a helpful option.  Click here for a free evaluation.

Sunday, December 1, 2013

Bankruptcy Exemptions in Texas - I

Federal law sets forth a list of exemptions to be used in bankruptcy, called the federal bankruptcy exemptions. In Texas, you can declare either Federal or State exemptions but you can't declare both, this infographic explains the Federal exemptions. 


 Bankruptcy Exemptions in Texas - Federal 

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

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