Pro Se Bankruptcy is the filing for bankruptcy without the assistance of an attorney. Because filing for Chapter 7 or Chapter 13 bankruptcy is a complex process with many forms that need to be filled out correctly, the US Bankruptcy Courts always recommend seeking the advice and counsel of an experienced bankruptcy attorney before attempting … Read more
After a long and tenuous legal trial, the Topeka Businessman Kent Lindemuth, accused of over 100 charges of bankruptcy fraud, was acquitted of all charges against him. The original accusation of bankruptcy fraud stemmed from a large number of firearms that were not disclosed to U.S. Bankruptcy Court when he originally filed. Additional bankruptcy fraud … Read more
The 600 acres near Odessa, Texas that was reserved for the Texas Clean Energy Project will hopefully be available for new projects soon, as the previous plans to develop a new coal plant there has been scrapped. Last month, the company backing the project designed to capture carbon emissions, Summit Texas Clean Energy, LLC filed … Read more
Dairy Queen Franchise owner Vasari LLC, based in Irving, Texas, announced this week that it would be filling for Chapter 11 bankruptcy protection and closing nearly 30 stores as a result of the bankruptcy restructuring. The affected Ice Cream and Fast Food restaurants are located across Texas, New Mexico, and Oklahoma. The parent company of … Read more
When you file bankruptcy, the court issues specific rules, and if you don’t follow those guidelines, or abuse the bankruptcy process in generally, the bankruptcy court may dismiss your case with prejudice. Taking a step back, when your bankruptcy case is dismissed, the court stops your bankruptcy proceedings without discharging your debts, which essentially ends … Read more
While Chapter 7 and Chapter 13 bankruptcies are designed to give individuals a fresh financial start by discharging debt and educating the filer on common financial pitfalls and how to avoid them, sometimes they find themselves facing similar financial difficulties and contemplating filing bankruptcy a second or even third time. You are able to file … Read more
Bankruptcy is a federally governed process whose cases are only heard in federal courts. Because they are federal, bankruptcy proceedings are binding. Bankruptcy courts are more closely related to civil courts where two parties are attempting to resolve a lawsuit, except in bankruptcy court, there are no winners or losers, only two parties attempting to … Read more
Dallas bankruptcy attorneys are individuals that have passed the bar exam in the state in which they practice and who have a J.D. or Law degree. Most of the time, bankruptcy attorneys work in either consumer bankruptcy, which focuses on helping individual debtors file bankruptcy, or commercial bankruptcy, which instead focuses on filing Chapter 11 … Read more
For many people who are contemplating seeking bankruptcy in Texas the mere thought is enough to induce much hand wringing and even tears and of course the shame and embarrassment for being in the situation in the first place. Well, rest assured that it is not only an issue for the rest of us mere … Read more
After you have filed for Chapter 7 bankruptcy protection there are some steps that will occur that you need to be fully prepared for. One of these steps is the meeting of the creditors. This meeting gives the creditors an opportunity to question the applicant about the debts they face, the structure of these debts … Read more