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Military Bankruptcy

New Financial Protections for Military

Published November 10, 2014 by Erin B. Shank
New Financial Protections for Military

The 2006 Military Lending Act put into place a number of protective mechanisms designed to better protect our members of the military. Those changes were good, though incomplete. Now, the Department of Defense is following up and is proposing a…

Free Report: Military Bankruptcy Myths in Texas that Won’t Go Away

Published November 5, 2014 by Erin B. Shank

There is no shortage of potential problems always lurking around the corner for military families. In most marriages, one spouse typically handles the majority of the finances. Topics covered in this report include: Military Families &Financial Pitfalls Security Clearances Means…

The Military Lending Act Shortcomings

Published March 4, 2014 by Erin B. Shank

Many may remember Holly Petraeus, shortly after being named the Consumer Financial Protection Bureau’s assistant director, spoke of the financial difficulties many members of our military face. She cited deployments, change of duty stations, and other emergencies that can result…

Military Bankruptcy in Texas: Does Erin Have Experience Working with Military Families?

Published December 4, 2013 by Erin B. Shank

Bankruptcy filings across the nation have reached all-time highs in the past several years due in large part of the U.S. recession. The decision to file a bankruptcy case can be challenging. However, it can be particularly complicated for military…

Can Filing for Bankruptcy Stop an AAFES Garnishment?

Published November 22, 2013 by Erin B. Shank

A paycheck garnishment can wreak havoc with your family’s finances. Although the State of Texas has very pro-debtor garnishment rules that prohibit garnishment, those rules don’t apply to Army & Air Force Exchange Service, or AAFES, debt or a Military…

TexasMilitaryBankruptcy .com

Published November 5, 2010 by Erin B. Shank

With the great number of military, veterans and civilian contractors that we see in our offices from Killeen, Ft. Hood, Temple, Belton, Gatesville, Copperas Cove, and across Central Texas, Erin B. Shank, P.C., has launched TexasMilitaryBankruptcy.com a site specializing in…

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