Dallas Bankruptcy

Bankruptcy fraud is serious business and the courts do not tread on the issue lightly. While it is possible to unknowingly commit bankruptcy fraud by hiding assets or concealing information about finances, there are plenty of cases that involve purposeful acts of crime. A South Texas man and his wife have been convicted and sentenced [...]

The Hostess brand snack cake maker filed for Chapter 11 bankruptcy earlier this year and has since been working towards debt reorganization. Earlier plans for managing their near $945 million debts were driven away from employees in efforts to disrupt operations. However, issues surrounding pension and union obligations have surfaced and are now jeopardizing the [...]

When filing for bankruptcy you may have heard about a Trustee who will be involved in your case. This refers to a person who is appointed to represent the collective interest of your creditors during your bankruptcy case. However, their job is a bit more complex and has some important aspects that are reflected in [...]

Ally Financial Inc. has been struggling to keep its mortgage unit afloat for a while now.  After receiving a large government bailout just a few years ago, time is running out for repayment. As Ally Mortgage unit’s finances continue to dwindle, the company is seeking Chapter 11 bankruptcy in order to restructure and regain a [...]