Although many people know what bankruptcy is, it seems that the topic can be difficult to fully understand. Texas bankruptcy is a powerful tool that borrowers faced with unpayable debt can use to get a fresh start on their financial lives; like anything, it has its benefits and its limitations. There are some particularly pervasive  … Read more

“Forced bankruptcy” is one of the scariest terms for a business owner to hear. For many people, the largest question surrounding a business bankruptcy is whether or not creditors can force the company to take action. Unfortunately, there is no clear-cut answer to this question, as there are many intricate details when it comes to  … Read more

When you’re up to your neck in loans, mortgage payments, and credit card debt, the two main options to restart your financial life are a Chapter 7 or Chapter 13 bankruptcy. While many debtors flirt with this idea, the reality is that it can be a complex legal and financial decision. In fact, it can  … Read more

Filing for a business bankruptcy could be the jolt that your company needs to reestablish itself. Remember, major companies, such as Kodak, Delta Air Lines, General Motors, and many more, have succeeded after they filed for a business bankruptcy. However, even if you work with a bankruptcy attorney, a few missteps could nullify the benefits  … Read more

Though many people could strengthen their financial portfolio by filing for bankruptcy, they keep making excuses to avoid the bankruptcy process. Whether it’s unfounded myths or concern over social stigma, many Americans are hesitant when it comes to filing for bankruptcy. However, by working with a Wichita Falls bankruptcy attorney to settle your debts, you’ll  … Read more

The internet has ushered in the age of information – and misinformation. In 2013, more bankruptcy myths have popped up than ever before. Despite the ability to fact check online or with a Dallas bankruptcy attorney, many people still fall for these bankruptcy myths, making their financial lives more difficult in the process. By understanding  … Read more

With over a million non-business bankruptcy filings each year, it’s clear that Americans are continuing to struggle financially despite the sluggish economic recovery. While there are many reasons to file for bankruptcy, knowing the top 5 causes can keep you alert in case you’re treading dangerous waters. Despite recent legislation changes that have made it  … Read more

Filing for a Dallas bankruptcy is a complicated process. Even if you trust the guidance of an experienced bankruptcy attorney throughout the process, there is room for errors that can ruin your case. By knowing the most common mistakes during the bankruptcy process, you can steer clear of these pitfalls and protect your financial health.  … Read more

Many entrepreneurs and sole proprietors are faced with a difficult decision each day: Should I file for bankruptcy? With nearly half of all new startups closing their doors within the first 5 years, there are many entrepreneurs whose financial situations are dire. As national competitors increase and the economy struggles in its recovery, entrepreneurs are  … Read more

Often times, it’s easy to assume that bankruptcy is limited to those who earn less money and thus struggle financially. The truth is that bankruptcies can come from anywhere, regardless of median income. In fact, many high-income individuals face the challenge of the bankruptcy process for a variety of reasons. Many individuals assume that if  … Read more