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Who are the Chapter 7 Panel Trustees for the Bankruptcy Court in Houston? »

The Southern District of Texas, Houston Division, has twelve Chapter 7 panel trustees. The trustees are assigned randomly to a Chapter 7 bankruptcy case when the case is filed. The current Chapter 7 Trustees in Houston are:
David Askanase
Lowell T. Cage
Ben Floyd
Joseph Hill
Pamela Johnson
Janet Northrup
W. Steve Smith
Ronald Sommers
Rodney Tow
Robbye Waldron
William West
Randy Williams
For more information [...]

Texas has a mortgage payoff statute - in most cases it is free! »

If you own a home in Texas and your mortgage company has charged you a fee to obtain a payoff statement - you may be owed a refund.
The statute is located in Chapter 83 of the Texas Administrative Code. It states if the borrower, spouse of a borrower, or a co-obligor (not a title company [...]

Court Determines Undisclosed Fees are Improper »

A mortgage company that improperly charged fees and costs in a Chapter 13 case without disclosing the practice to the Bankruptcy Court or to the Debtor will be forced to return all of the improperly applied money. The Bankruptcy Court for the Southern District of Texas discovered that Ameriquest Mortgage Company had been misapplying [...]

Texas has a new exemption - The Bible! »

The Texas Legislature has amended Texas Property Code Section 42.001 to exempt a religious bible or other book containing sacred writings of a religion that is seized by a creditor other than a lessor of real property who is exercising the lessor’s contractual or statutory right to seize personal property after a tenant breaches a [...]

Are You Going Broke Helping Your Adult Children? »

It seems that many older people who find themselves considering bankruptcy have gotten themselves into debt by helping adult children or grandchildren out of a bind.
If you liked that post, then try these…What To Expect At Your First Bankruptcy Appointment by Michael G. Doan, San Diego Bankruptcy AttorneyHow Long Do I Have To Live Here [...]

Debt Collectors May Say Anything To Get You To Pay! »

You are behind on some of your payments, and it seems like the phone won’t stop ringing with calls from debt collectors. You have been told many things by the debt collectors, and just don’t know how much of what you hear is true. Some of the things you’ve been told may be [...]

If I Win The Lottery I Won’t Have to File Bankruptcy! »

DAVID SCHOETZ writes about winning the lotto in yesterday’s ABC news article At $275M, Lotto Jackpot Overflows.
We all dream of winning the lottery someday, but the reality is that very few people actually win. In fact Mr. Schoetz relates that any given person’s odds of winning that jackpot are one in 75,000,000. [...]