Contrary to what many people believe, bankruptcy will not necessarily have an adverse affect on your credit. In fact, many people actually end up having a better credit score after they file for bankruptcy than they did before filing, as unpaid debts may have negatively affected the score. However, you should know that bankruptcy will appear […]
American electronics corporation RadioShack recently exited Chapter 11 bankruptcy after its brand was purchased in an auction, Business Insider reported on May 13. According to reports, the brand was purchased by Standard General LP for a bid worth $26.2 million. Standard General prevented RadioShack from total liquidation after it filed for bankruptcy in February. The hedge […]
Well before he entered politics, Abraham Lincoln co-owned and operated a little convenience store in New Salem, Illinois. To the future benefit of the nation, Lincoln’ acumen for business was somewhat lacking and his store went under, according to Bankruptcies and Money Disasters of the Rich and Famous by Roland Gary Jones, Esq. Thus, our yet-to-be […]
Realty News revealed in an April 28 article that Nicole Eggert is expected to settle her overwhelming debt by selling her posh Los Angeles residence. Reports said the 43-year-old former Baywatch star was able to sell her Studio City house for $1.15 million after approval by a bankruptcy court judge. The bulk of the house proceeds will be […]
While it may be exceedingly difficult to do so, it is possible to discharge student loans through bankruptcy. In order to be eligible, however, individuals must be capable of demonstrating that their continued payment of their student debt will create excessive an undue financial hardship for themselves and their dependents. Since these debts may only […]
Though Americans today are generally improving at managing credit card debt, a recent survey found that many are still seriously affected by large amounts of these debts, a KOMO News article stated on April 10. The survey, which was released by the National Foundation for Credit Counseling, pointed out that at least one in every three household […]
Like the average Americans, well-known and well-off people like celebrities and politicians know what it’s like to struggle with student loan debts, an article of Market Watch stated on March 31. The author of the report projects that in the near future people will become less ashamed of discussing student loan debt problems because it affects so […]
Natural gas provider Quicksilver Resources Inc. recently filed for Chapter 11 Bankruptcy in Delaware due to debts and depreciating oil prices, Bloomberg Business reported on March 18. According to the bankruptcy documents filed by the company, the business has a debt worth $2.35 billion while their listed assets were $1.21 billion. The company decided to file […]
To determine whether you will be eligible to file for Chapter 7 bankruptcy protection, you will need to pass what is known as the means test. Essentially, the means test is the method by which your average income will be compared against the average disposable monthly income of comparable households in Texas. Should your income […]
A new survey revealed that credit card debt in America had increased in 2014 and the trend is expected to continue this year as the economy strengthens, CBS reported on March 10. According to a CardHub survey, a total of $57.1 billion in new credit card debt was recorded last year. This 2015, credit card […]
Though you may be able to discharge a number of burdensome debts through Chapter 7 bankruptcy, not all debts are dischargeable through this process. For instance, most student loan debts, alimony, child support payments, unpaid taxes, or debts owed on a tax-advantaged retirement plans will not be discharged in Chapter 7 bankruptcy under normal circumstances. […]
Certified Public Accountant and finance book author Beverly Harzog recently shared some tips on how to break free from credit card debt, the Daily News stated on February 23. Be familiar of where your finances go and identify the areas where you can reduce your spending. List all of your credit card debts. Make a detailed […]
I had the pleasure of working with Darcy and Mrs. Shank and they made this stressful situation as easy and understandable for me. From beginning to end they keep you informed and on top of necessary information. From the warm smile as you walk in to the actual signing of your case they are there... Read More
If you are filing for bankruptcy, don't waste your time shopping around, Erin Shank is the best in the area. I needed to file for bankruptcy, I shopped around extensively before making my decision. Her team is very experienced and professional, they know what they are doing, they have great work... Read More
Mrs. Shank and her staff were very friendly, helpful and understanding. They treated me with respect and made my experience very pleasant. Thanks Darcy for all your help.
Awesome service !!!! Great attention to detail and your best interest!!
I can't even begin to say thank you to the whole staff at Erin Shanks office. This was a difficult and embarrassing situation and from the minute I walked in, Melissa made everything feel it was going to be okay. She kept me updated every step and answered all of my questions even when I knew they... Read More
Great job working with us and for us! Kept us informed every step of the way on what was happening and what we needed to do. They worked diligently to save our home for our family!!
Erin and team are compassionate, dedicated and thorough. They answered all of my questions honestly and quickly, and made me feel supported and comfortable throughout. Thank you, Erin and team!
Erin B. Shank, P.C.
1711 E Central Texas Expy #107
Killeen, TX 76541
(254) 690-4110
Erin B. Shank, P.C.
1902 Austin Ave
Waco, TX 76701
(254) 296-1161
