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Bankruptcy vs Credit Counseling

As trusted bankruptcy lawyers in Fort Worth and Bedford, Texas, we at the Sherman Law Firm feel obligated to provide our clients the best ways on how to clear their debt, prevent lawsuits, and protect their valued assets. In some cases, bankruptcy is not always the clear cut option. Credit counseling comes first before filing […]

Meeting Your Bankruptcy Lawyer: Do’s And Don’t’s

Is your financial situation currently on the rocks? Are you wondering what bankruptcy does and if it is the best option for you? If you have questions about bankruptcy and are in need of financial advice, the best person to talk to is a bankruptcy attorney. We at the Sherman Law Firm offer a free […]

Bankruptcy Alternatives & Loans to Watch Out For

We at the Sherman Law Firm understand all too well the fear and anxiety when burdened with loans and a troubling mortgage. When you’re backed into a corner by all your creditors and pending bills, you might be tempted or given a chance to opt for the seemingly easier route. The sad fact is there […]

Disadvantages of DIY Bankruptcy & Why You Need a Lawyer

We at the Sherman Law Firm understand more than anyone that not everyone is comfortable with the idea of hiring a lawyer to settle their affairs. Some say that they can no longer pay for the fees. Others prefer to handle the case on their own. In fact, Chapter 7 Bankruptcy and Chapter 13 Bankruptcy […]

Tips on Dealing with Emotional Effects of Bankruptcy

Lowered self-esteem, self-loathing, anxiety, and loss of identity — These are among the things that debtors experience when filing for or on the cusp of bankruptcy. One’s financial status is often tied to their sense of self-worth and stability, so when the bank account or business takes a massive hit, the debtor could face emotional […]

Debts that Cannot Be Erased in Texas Bankruptcy

As much as we tell our clients that bankruptcy gives them the chance to have a fresh start, we at Sherman Law Firm remain honest and say that not all debts can be erased. It is true that in both Chapter 7 Bankruptcy and Chapter 13 Bankruptcy, many types of debts will be wiped clean. […]

Joint Debtor vs Co-Debtor

As an average US citizen, it is fairly common to encounter unfamiliar terms when filing for bankruptcy. Among these are the words Joint Debtor and Co-Debtor. They may sound alike and can even be interchangeable, but in reality these two labels have completely different meanings. What is the Difference? The debtor is the individual filing […]

Advantages of Filing for Bankruptcy

Filing for bankruptcy and dealing with its effects can take a toll on one’s emotional and mental health. It can drive a wedge between relationships and affect your interaction with your community. However, these are not everything that bankruptcy has to offer. We at the Sherman Law Firm always tell our clients that bankruptcy does […]

What is a Bankruptcy Trustee?

A trustee plays a very important role when you file for bankruptcy. The role was initially created for collecting and distributing the debtor’s property, relieving responsibility from the court and creditors. Now, the bankruptcy trustee’s responsibilities differ based on the type of bankruptcy you are filing for. What remains constant is that they continue to […]

Life After Bankruptcy: How to Get a Fresh Start

Regardless of the reason or situation, we at Sherman Law Firm, P.C. always tell our clients that bankruptcy is not the end of the world. There is always a way to make the most of a situation, and you can still bounce back from bankruptcy. Here is a quick read on how you can get […]