Tag Archives: FAQ

  • Will bankruptcy destroy my credit?

    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 […]

  • What is the means test?

    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 […]