Medical debt is one of the biggest causes of bankruptcy in the U.S., so it is no surprise that debt collectors commonly attempt to collect millions of outstanding bills. Unfortunately, the public interest group reports that some of these businesses are using...
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Month: May 2019
Will student loans be included in bankruptcy?
Many are surprised to find out that student loans are one of the few debts that are not discharged through bankruptcy relief. However, there is now a bill called the Student Borrower Bankruptcy Relief Act of 2019, which has bipartisan support from U.S....
Owning a rental property can be a win-win proposition
The robust real estate market here in Austin is great for those who own property, particularly if they got in a while ago and bought low. Nevertheless, the competitive market should not prevent others from buying a rental property because it is still often an...
Common mistakes when filing bankruptcy
Filing bankruptcy is one of the most difficult things many will do. However, it can also be one of the smartest things an individual or couple can do to regain control of their lives. Once the decision is made to do it, there is a sense of relief. But there is a...
How long has it been since you’ve looked at your estate plan?
Do you have an estate plan, and if you do, how long as it been since you've looked at it? If your plans are more than a few years old or your life has changed significantly since you drafted it, it may be time to revisit them. Estate plans are not set in stone,...