According to an article in the Star-Telegram, Dallas-Fort Worth has one of the worst oversupply of condos in the country.  Dallas alone has a five-year supply of million-dollar condo units sitting empty.  The high priced condos account for 1 out of every 4 condos in foreclosure The glut of condos have been hurting prices and [...]

Some people attempt to do their own bankruptcy work, but it is often a bad idea, because bankruptcy law is complicated.

Once you start doing your research on bankruptcy law, you’ll find a common theme.  Bankruptcy law is extremely complicated.  If you want to find more evidence of that fact, look no further than the book, [...]

A file segregation scam is where a debtor, usually someone who has recently filed bankruptcy, is offered a brand new credit identity in exchange for a fee–usually a very large fee.
How It Works
The scammer usually targets those who have filed bankruptcy or who have delinquent credit cards or loans in default on their credit report.  [...]

Lawmakers concerned that change is not fast enough for the crisis.
The foreclosure crisis is still wreaking havoc on communities.  The Star Telegram published updated foreclosure statistics this week.  The article noted the highs and lows, stating that, “Residential foreclosure postings for the August Tarrant County auction are down significantly from the July 7 auction, but [...]

Even if the economy recovers it may take a year or two for the rate of business bankruptcies to slow down.
An article from BusinessWeek says that there are no signs that the high rate of business bankruptcy filings will slow down.  In May alone 7,514 business bankruptcies were filed.  This number is up 40% from [...]

Getting good information early improves debt management decisions.
I have a friend—we’ll call her Jill, who has had a horrible fear of dentists for as long as I’ve known her.  Even if not to the same extreme, most of us share her apprehension.  I can understand her fears based on the horror stories she had described [...]

According to an article in the Star-Telegram, Dallas-Fort Worth senior citizens are being targeted by a company claiming that they can help them pay less in property taxes.  Many senior citizen homeowners have received very official looking papers in the mail with a Fort Worth P.O. Box asking that they send $55 for help reducing [...]

So, you’ve made the crucial decision to file for bankruptcy and have done your due diligence to find a competent, experienced bankruptcy attorney to represent you.  Bravo!  You’re understandably nervous about the process and wondering what the next step is.  It’s actually easier than you think.  The number one rule of thumb is–be honest.  Honesty [...]

According to an article at KFoxTV, credit counseling/debt settlement companies are using deceptive practices to con credit card consumers by giving the impression that they are calling from a credit card company and offering “lower credit card interest rates.”
The article said:
“Vasquez has received a number of calls on his cell phone playing recordings that claimed [...]

The only thing worse than navigating the treacherous waters of bankruptcy on your own is doing so with an inept captain at the helm—it’s like trusting Gilligan over the Skipper when it comes time to get off the island.  But, considering just how many attorneys are out there, you may find yourself at a loss [...]

Many debtors are unsure about whether it’s time to file bankruptcy or if they have a fighting chance to handle their debts alone without the force of the bankruptcy law.  Below is a list of questions you can ask yourself to determine if it is time for you to make an appointment with your Dallas-Fort [...]

According to an article in the Dallas Morning News, Texans continue to fall behind on their mortgage payments and face foreclosure at a rate that’s outpacing many other states. In the 2nd quarter of 2009, more than one in ten Texas mortgages were either late or already in foreclosure and Texas ranked 17th nationally among [...]