How does Credit Counseling help?

Credit Counseling involves educating consumers on how to avoid expenses they can’t afford or taking on debt that cannot be repaid. This is done with the help of an effective Debt Management Plan.

Simply put, Credit Counseling gives you a planned method of debt relief and helps you pay your bills in a structured, logical manner.
Credit Unions, cooperative extension offices, religious organizations, military family service centers are places where Credit Counseling can be sought.

However, if you find that even after Credit Counseling, you are not able to work your debt out effectively, you may want to seek help from a professional and specialized Bankruptcy Attorney.

Our San Antonio Bankruptcy Attorney has created the below infographic to help you. Please download this image on your desktops, ipads, tablets, laptops, chromebooks and smartphones.

If you'd like to get a free consultation, please contact our bankruptcy lawyers.

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

4 Great Reasons to Refinance Your Home

Refinancing a home can allow you to shorten your loan term. This gives you an opportunity to avail better rates on your mortgage.

You can also save a lot on the payment if you are able to refinance at a lower interest rate.

Choosing to refinance your home can allow you to move from an adjustable rate plan to a fixed rate plan. This not only makes it easier for you to budget but also protects you from fluctuating interest rates.

Our San Antonio Bankruptcy Attorney has created the below infographic to help you. Please download this image on your desktops, ipads, tablets, laptops, chromebooks and smartphones.

If you'd like to get a free consultation, please contact our bankruptcy lawyers.

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Avoiding Debt Relief Scams

Protect yourself from rampant debt relief scams by catching on early warning signs such as robocalls, bogus debt counselors and unrealistic promises of recovery.
It is essential that you consult a reputable credit counseling agency or bankruptcy attorney to avoid falling prey to such scams.

Our San Antonio Bankruptcy Attorney has created the below infographic to help you. Please download this image on your desktops, ipads, tablets, laptops, chromebooks and smartphones.

If you'd like to get a free consultation, please contact our bankruptcy lawyers .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Protect yourself from Fraud

Protect yourselves from financial fraud by following some simple prevention strategies.

For example, it is important to do thorough background checks on those you're dealing with. Be sure of all possible parameters before wiring money to a seller.

Double check monthly financial statements with your bank in case you find charges you don't recognize. Verify health supplements with your doctor before taking them.

Take care to not deposit checks and wire money back. The responsibility for depositing a fake check rests on you. Do not send money to anyone you don't know well. Never share your personal financial information with anybody.

Our San Antonio Bankruptcy Attorney has created the below infographic to help you to a handy list of Dos and Donts to prevent fraud. Please download this image on your desktops, ipads, tablets, laptops, chromebooks and smartphones and glance it once before making any decision which involves finances.

If you'd like to get a free consultation, please contact our bankruptcy lawyers .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Side Effects of PayDay Loans

A payday loan is a small, short-term unsecured loan, marketed as a quick, easy way to tide borrowers over until the next payday. In a previous post on Pay Day loans , we covered how they work.

Our San Antonio Bankruptcy Attorney has created the below infographic to help explain PayDay loans and their side effects. If you'd like to get a free consultation, please contact our bankruptcy lawyers .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Reducing Credit Card Debt

Credit Card Debt can in a short time take over ones life.

How can one deal with increasing Credit Card Debt?
What are your options when dealing with unmanagable Credit Card Debt?

Our San Antonio Bankruptcy Attorney has created the below infographic to help answer these common questions regarding Credit Card Debt in the simplest possible manner. If you'd like to get a free consultation, please contact us .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Payday Loans

A payday loan is a small, short-term unsecured loan, marketed as a quick, easy way to tide borrowers over until the next payday.

Here’s how they work: A borrower writes a personal check payable to the lender for the amount the person wants to borrow, plus the fee they must pay for borrowing. The company gives the borrower the amount of the check less the fee, and agrees to hold the check until the loan is due, usually the borrower’s next payday. Or, with the borrower’s permission, the company deposits the amount borrowed — less the fee — into the borrower’s checking account electronically. The loan amount is due to be debited the next payday. The fees on these loans can be a percentage of the face value of the check — or they can be based on increments of money borrowed: say, a fee for every $50 or $100 borrowed. The borrower is charged new fees each time the same loan is extended or “rolled over.”

The FTC, the United States Consumer Protection Agency, says that regardless of their name, these small, short-term, high-rate loans by check cashers, finance companies and others all come at a very high price. It has been found that Loan terms that require full payment in as little time as a fortnight alongwith an average annual interest of upto 400%, are responsible for driving a huge percentage of borrowers into a huge debt.


source: http://www.consumer.ftc.gov/media/video-0078-payday-lending

For helping you get a better understanding of Bankruptcy, have setup a Bankruptcy Information Center at our website with information written and curated by our San Antonio Bankruptcy Attorney

Money Wiring Scams

In today's world, many people wire money to family or friends in other cities or countries on a regular basis. However, many dishonest people have been found to be stealing money off hard working ,honest individuals and families by luring them to wire money to them. Remember, wiring money is like sending cash. When you wire money, you cannot get the money back. How to protect yourself from these scams: You should never wire money to someone you do not know. The attached video shows some common money wiring scams, and what happens to some people who meet the scams.

source: http://www.consumer.ftc.gov/media/video-0079-money-wiring-scams
For helping you get a better understanding of Bankruptcy, have setup a Bankruptcy Information Center at our website with information written and curated by our San Antonio Bankruptcy Attorney

Understanding Debt

What is Debt? What is the difference between Good and Bad Debt? How much Debt is too much?

Our San Antonio Bankruptcy Attorney has created the below infographic to help answer these common questions regarding Debt in the simplest possible manner. If you'd like to get a free consultation, please contact us .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.