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December 2013 Archives

Park Girl Sales LLC proceeds with Chapter 7 bankruptcy

Texas residents may be interested in the bankruptcy filings by the former operator of a mobile home business based in La Feria. Doing business as the Park Girl, the operator is facing civil suits and criminal charges alleging that she deceived customers and stole from them. The criminal charges involve between $100,000 and $200,000. The woman has placed cashier's checks totaling $100,000 with the court to settle claims.

Texas hotel faces bankruptcy

The part-owner of the Hotel Fredonia in Nacogdoches said the decision to file for personal bankruptcy was not easy. Nevertheless, the decision finally came down on Dec. 16, when owner of the hotel filed Chapter 13. She is not alone, as 23,000 other Texans have filed for the bankruptcy protection in 2013.

Is 2014 the year you will finally get rid of credit card debt?

Less than two weeks until the New Year, many Waco residents are thinking about making resolutions. Come January 1st, many people will sign up for gym memberships, throw away their cigarettes, and cut up their credit cards. Getting fit, quitting smoking and becoming free of credit card debt are all popular New Year's resolutions - likely, because they pair well with a fresh start.

Dealing with a home in Chapter 13 bankruptcy

Many families cherish their homes, which is why people often take steps to avoid foreclosure if they fall behind on mortgage payments. Texas residents in this situation might consider filing Chapter 13 bankruptcy in order to protect the home from being repossessed by a mortgage lender.

'Tis the season for Texas shoppers to rack up credit card debt

December means holiday time and the time for giving. However, for many in Texas, a little generosity could have a negative, long-term impact. Americans take on more credit card debt during the month of December than at any other time of the year -- 16.4 percent more, in fact. In terms of dollars, that equals $131 billion. For those who charge their gifts, holiday sales may prove to be no bargain at all.

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