Many debtors, who are delinquent on some debt and current on others, wonder if they need to include the debt that’s in good standing in their bankruptcy filing.  The simple answer is YES, you must include all of your debts and assets in your bankruptcy filing. Failing to include all of you debts and assets [...]

Just when you thought it couldn’t get worse, now car dealers facing bankruptcy are putting already struggling consumers deeper into debt. According to an article in the Star-Telegram, many car buyers who traded in an older vehicle for a newer one are finding out that their old car loan has not been paid off [...]

According to an article in the Dallas Morning News new car and truck sales in the Dallas-Fort Worth area dropped 13.8 percent in 2008. Car sales nationwide were down 18 percent in 2008, so Dallas-Fort Worth actually faired better than the national average. But the nearly 14 percent drop in car sales are the [...]

Did you know that Dallas-Fort Worth has an old car replacement program that gives $3,000 vouchers to residents who turn in an old car and purchase a new one? Cars need to be at least 10 years old and the voucher must be used to purchase a new car. That’s right, they want Dallas [...]

As the economy slows an increasing number of consumers are upside down on their car loans. What that means is that they owe more than the car was worth. We haven’t heard about this issue as much as upside down mortgages; but upside down car loans are becoming a real issue as consumers [...]

Texans take out millions of dollars in car title loans each year. But what may seem like an easy and logical short term solution for money troubles, often turns out to be a long-term disaster for financial health.
How Car Title Loans Work
A car title loan is usually a 30 day [...]