Bankruptcy.  The laws of Bankruptcy changed dramatically in October 2005.  Harris County individuals who make more than the Harris County median income of $35,000.00 (the number differs based on head of household.  This is an approximate number), may not be able to file for a Chapter 7 liquidation.  Chapter 13 Reorganization may not be attractive for many reasons, and may actually delay your optimal financial recovery.

 
The law discussed on this site is Texas law pertaining to Texas situations. NO advice is given for any transaction or situation that does not involve Texas law.

Mr. Aschermann is licensed to practice law in the State of Texas and is board Certified in Consumer and Commercial Law by the Texas Board of Legal Specialization but Mr. Aschermann is not licensed to practice law in any state other than Texas.