It may be that your small business has fallen into financial difficulty and you don’t see any way of rectifying this. It may be that you now need to consider small business bankruptcy. Whether this is going to be a solution or not for your particular business entity is going to depend on the circumstances.  … Read more

 Most people view bankruptcy as a last resort whether it is on a personal level or a business level. They do not look at it as being a beneficial way to assist their business. They view it as a way of perhaps satisfying their debts so that they are not held responsible and can close  … Read more

When an individual is faced with what they feel is insurmountable debt they get to the point where they are so overwhelmed that they just want to get out from under all the pressure it is creating. If this sounds like you, then you are probably tired of repeatedly telling your creditors there is simply  … Read more

For those beginning to research the intricacies of Texas bankruptcy law, you will quickly learn that all bankruptcy codes are not equal. Each “chapter” offers the individual unique advantages and rules, but it is important to understand the differences. The three most popular forms of bankruptcy are known as Chapter 7, Chapter 11, and Chapter  … Read more

Many people are aware of the various benefits that filing Chapter 13 Dallas bankruptcy can have for your financial future. The ability to make income-based repayments over a period of time and then have the remainder of your debts discharged is an attractive one for many people who face massive debts but do not want  … Read more

If you have considered filing Chapter 13 Texas bankruptcy, you may wish to familiarize yourself further with the “best effort” requirement. What this requirement means is that your repayment plan under Chapter 13 must represent your “best effort” to make payments to as many unsecured creditors as you can in the order they are established  … Read more

If you are considering filing Chapter 13 Dallas bankruptcy protection, you have likely wondered about what the process will look like. Chapter 13 bankruptcies are tailored to an individual’s personal financial picture, and so the specifics will vary a great deal from case to case. Chapter 13: The Process First, you file your Chapter 13  … Read more

Considering Dallas bankruptcy? Wondering about what it will entail? You may have heard that you will be appointed a bankruptcy trustee to oversee your case. Maybe you wondered what that trustee’s duties are. Wonder no more. Here is a simple rundown of the bankruptcy trustee’s role in your Chapter 13 Dallas bankruptcy Bankruptcy Trustee A  … Read more

For many people facing high amounts of debt, a Chapter 13 bankruptcy repayment plan can be a great option. Chapter 13 Dallas bankruptcy offers many protections and benefits to the debtor, while enabling them to create a repayment plan that is manageable based on their income level and expenses. Many people qualify for Chapter 13,  … Read more

Texas bankruptcy can be a complicated concept to wrap your head around. No matter your financial situation, there is undoubtedly a tangle of circumstances totally unique to your situation that make things complicated. However, there are a few common bankruptcy myths that seem to be more or less universal in discussing Chapter 13 bankruptcy. Here  … Read more