Latest on the Bankruptcy Blog

If you have received a full discharge under Chapter 7 Dallas bankruptcy, but are now facing a fresh pile of unpayable debts, you may be wondering about the rules for filing a second bankruptcy after the first. The good news is that you can file bankruptcy as many times as you like; the bad news  … Read more

If you are facing wage garnishment and considering filing for Texas bankruptcy, you probably want to know what the laws are concerning how much and what types of wages can be garnished. The good news is that Texas has one of the strictest laws on the books regarding what a lender can garnish from your  … Read more

If you are struggling under a mountain of debt, you may be wondering how to extricate yourself from under the crushing weight. You may be wondering if there is a way to make some order out of the seeming chaos, whether there are certain debts that should take priority. The short answer is “yes.” The  … Read more

According to an expert bankruptcy attorney who has been watching the company, retail giant JC Penney is flirting with Chapter 11 bankruptcy, and if the company does not get a significant cash inflow from investors, will be forced to declare bankruptcy. It is believed that JC Penney will end up declaring Chapter 11 bankruptcy as  … Read more

This week in bankruptcy news: Detroit’s Governor supports the city’s Chapter 9 filing, leaving some with critical comments and accusations of dodging pension liability. Read the full story below: Mich. gov calls bankruptcy right decision for Detroit

Debt settlement is a powerful tool that few consumers take advantage of in today’s world. Creditors are attributed with having all the power in the lender/borrower relationship, but the fact is that the borrower has power too. Harnessing good strategies for credit negotiations will help you settle your unsecured debts for less than you may  … Read more