Banks Agree to Report Debts as Discharged
June 6, 2017
There are many false beliefs when it comes to discharged debts. Some believe that debts are “erased;” others believe that discharged debts are no longer legal obligations. Neither of these beliefs are accurate. In simple terms, a discharged debt means that the creditor is enjoined from collecting on that debt from the debtor. The bankruptcy discharge is a court injunction that protects the debtor, personally....
Employee Spotlight: Meet Julianne
June 6, 2017
“My clients come in feeling the weight of the world on their shoulders. Hopefully they leave feeling some of that pressure taken off.” Julianne has diligently served as head of our bankruptcy department for the last year. She is an LSU law grad but has called Texas home for more than 20 years. Julianne loves working at Fears Nachawati because of the “true team-based attitude...
7 Things to Know Before Filing Chapter 7 Bankruptcy
June 5, 2017
Tell the Truth. Tell the Truth. Tell the Truth. The most important thing is to be completely transparent with your attorney. He is on your side and can only protect you if he knows absolutely everything about your income, debts, assets, etc. You swear to tell the truth in your bankruptcy paperwork – lies and omissions in the paperwork may be a crime. There are...
Employee Spotlight: Meet Trent
June 1, 2017
Trent Crandall has been serving at Fears Nachawati Law Firm for 14 months as Operations Analyst. He is only 23 and has already earned degrees in philosophy, linguistics, and liberal sciences and is currently pursuing a Masters in Finance from the University of Texas – Dallas. His diverse background brings an unprecendented take to all operations at our firm. Trent embodies the FN approach – unique....
What Is A Letter of Protection?
May 28, 2017
A Letter of Protection (LOP) is something used in the U.S. legal system that helps those hurt in an accident get proper medical treatment for their injuries. Health insurance can be costly and many people are unable to afford it and still manage to pay all of their other bills. When someone is injured in an accident that happens to be someone else’s fault, they...
If a Jaywalker is Hit By a Car, Who’s at Fault?
May 27, 2017
In most cities, a person walking across the street has the right of way because they are the more vulnerable entity between the person and any vehicle driving near them. So when we consider any accidents between cars and pedestrians, we first believe that the driver of the vehicle is the one that’s at fault. Interestingly, this isn’t always the case, as some pedestrians can...