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 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

Some people see filing for  bankruptcy as a negative thing, but in fact there are a distinct set of financial advantages afforded to a person coming out of a Chapter 7 filing. Here are a few advantages you may not have thought of when considering Dallas bankruptcy before. Decreased Debt Ratio Coming out of a  … Read more

If your small business is struggling to make ends meet, you may have considered filing a business Chapter 7 Dallas bankruptcy. Before you make any decisions, though, you should make sure you have all the facts about what happens in a business Chapter 7. A business Chapter 7 is a very different animal than an  … Read more

Faced with overwhelming debt, your small business may not be able to fight its way out on its own. Luckily there are some powerful tools at your disposal which can help you get out from under the burden of terrible debt and back into the swing of things. Filing Texas bankruptcy for your small business  … Read more

There is a wealth of information out there about Chapter 7 bankruptcy, but sometimes it helps to start at the very beginning. By understanding just what Chapter 7 bankruptcy is and what it can and can’t do for you, you can take the next step toward deciding whether filing Texas bankruptcy is the right move  … Read more

Filing a Business Chapter 7 bankruptcy for your LLC means the liquidation of the LLC’s assets to pay off creditors. Filing Chapter 7 means that the company will no longer operate. What are the advantages and disadvantages of taking such a step? Texas Bankruptcy for LLCs LLCs are not subject to the Texas exemptions for  … Read more

If you’re filing for a Texas bankruptcy to regain control of your finances, consider waiting until your financial situation stabilizes before taking action. When filing for a Texas bankruptcy, timing is everything and waiting a few weeks could completely transform your fiscal life. Pre-emptively filing for a Texas bankruptcy could spell doom if your finances  … Read more

When you file for bankruptcy, chances are that you will continue incurring debt even after the petition is filed. After all, filing for a Chapter 7 bankruptcy doesn’t stop your expenses. So what happens to the debt that collects after you’ve filed and the debt that continues accruing during the bankruptcy process? Are these included  … Read more

For most people who file for bankruptcy, their biggest concern involves the protection of their assets. When filing for a Chapter 7, debtors want to ensure that they can keep their possessions as they seek a fresh financial start. Working with a Fort Worth bankruptcy attorney can help you maximize your exemption planning to ensure  … Read more