Machi & Associates, P.C. Blog

How to File for Bankruptcy in Arlington, Texas

How to File for Bankruptcy in Arlington, Texas

Michael Scott declared bankruptcy in The Office by simply shouting, “I declare bankruptcy,” but that’s not how it’s done in real life. If you’re filing for bankruptcy in Arlington, Texas, there’s a process you must follow. Types of Bankruptcies Individuals or married...

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Debt Consolidation or Chapter 13

Debt Consolidation or Chapter 13

When someone is considering debt consolidation, there may be more options for them than they realize. One of those options is to talk to an attorney about Chapter 13 bankruptcy to see if it is an appropriate option for their situation. Not everyone qualifies for it,...

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What Are the Qualifications for Chapter 7 Bankruptcy?

What Are the Qualifications for Chapter 7 Bankruptcy?

If your debts are out of control, you are likely dodging calls from creditors and generally feeling like your world is spiraling downward. A Chapter 7 bankruptcy can put you back on an even keel and help you rebuild your life. The majority of bankruptcies filed in the...

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Bouncing Back After Bankruptcy

Bouncing Back After Bankruptcy

No one wants to live with a poor credit rating, even after the filing of a bankruptcy. A bankruptcy can remain on an individual's credit report for up to 10 years. However, you might be surprised to find that your score can rise, even to the low 700s within two or...

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Victim of Credit Fraud?

Consumer credit sales and home mortgages are some of the most regulated transactions in the American economy. State and federal statutes place certain restrictions on the conduct of mortgage lenders, retailers, debt collection agencies, and credit reporting companies....

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