A Fresh Start
The Traub Law Offce, P.C.
7719 Wood Hollow Drive, Suite 200
Austin, TX 78731
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Myth 1:
Filing for bankruptcy hurts your credit for 10 years.
Not True. Bankruptcy stays on your credit about 7 to 10 years. Although the bankruptcy will stay on your credit, you can start rebuilding your credit once your bankruptcy is discharged. Making current, full payments on debt is one way to start building your credit while [...]
As in most areas of Texas and the United States, property foreclosure listings in Central Texas rose this year. The Foreclosure Listing Service, Inc., which tracks residential foreclosure listings in Texas’ metro areas of San Antonio and Austin and counties of Bastrop, Bell, Comal, Guadalupe, Hays, Travis and Williams, said that postings increased by 25 [...]
According to a recent New York Times Article, the country’s recent economic downturn is leading to a growing number of bankruptcies. The big issue, however, is that many of the consumers filing bankruptcy today have much larger debt than those in previous years. The number of bankruptcy filings jumped nearly 8 percent in October from [...]