Press Room

It may not make you feel better while pumping gas, but another sign of Houston’s economic strength can be found in that barometer of financial weakness: bankruptcies. The Houston Chronicle reports, while the rest of the country is experiencing a nearly one-third increase in personal and business bankruptcies, Houston’s numbers remain stable. Nationwide, the number...

A widely watched housing index shows home prices dropping by the sharpest rate ever in the second quarter. The Standard & Poor’s/Case-Shiller U.S. National Home Price Index tumbled a record 15.4 percent during the quarter. The Dallas Morning News states, the monthly indices also clocked in record declines. The 20-city index fell by 15.9 percent...

The latest foreclosure statistics show only a 7 percent increase in the Dallas-Fort Worth area from a year ago. But more than 3,700 homes are scheduled for foreclosure sale in September, according to the numbers released Thursday by Addison-based Foreclosure Listing Service. The Dallas Morning News reported, the biggest gain in September foreclosures is in...

How Filing a Chapter 7 Bankruptcy Could Help Increase your Credit Score

The rise of bankruptcy filings have increased in Dallas/ Fort Worth Metroplex due to job loss, divorce, medical bills, disability, identity theft, and the difficult economy we are facing today. If you are facing foreclosure, huge amounts of debt, repossession, bankruptcy may be the only realistic way out. Our lawyers are here to help. Contact...

The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building. The Dallas Morning News reports, Homeowners with good credit are falling behind on their payments in growing numbers, even as the problems with mortgages made to people with weak, or subprime,...

Dallas-based Centex Corp. said it lost an additional $150 million – $1.21 per share – in the just-completed quarter. TheDallas Morning News reported,the big homebuilding company’s loss was greater than the $128 million recorded a year earlier. But the latest financial report was an improvement from the $910 million the company lost during the period ending March...