What Is the Debtor Education Requirement in Bankruptcy?

In addition to the “credit counseling” that you must do before you can file a bankruptcy case, after filing the bankruptcy you must also complete “an instructional course concerning personal financial management” in order to get a discharge of your debts. This second...

What You Need to Know about Debt Settlements

A debt settlement is when you agree to pay a creditor less than you owe in one large lump sum. This should be avoided if possible, as it is a bit hit on your credit score. However, if you are falling behind on payments and you feel as if it is the only option next...

What is the NACBA?

When you are thinking about filing for bankruptcy, you may start to do some research on your own. As you come across different organizations, you may see one by the name of NACBA. These organizations can help you with resources and information about bankruptcy along...

Why You Should Avoid Debt Settlement Companies

You hear them on the radio and TV, debt settlement companies claiming they can help you get out of debt and save money by negotiating with credit card companies to lower your interest rate and monthly payments. If it sounds too good to be true it’s because it is. What...

Debt Dictionary

This debt dictionary page was created to define and answer basic questions some of our clients have had in the past. Leinart Law Firm provides legal solutions for debt in the Dallas-Fort Worth area and with more than 15 years of experience, we have the knowledge and...