A common worry for most people is that they will lose their assets if they file for bankruptcy. They envision all of their belongings being sold by the trustee to pay to their creditors. This misconception is not true. Most people get to keep all of their possessions during bankruptcy. Various reasons will determine if  … Read more

Most people aren’t eager to file bankruptcy, and the decision to file should come only after you have exhausted all other reasonable possibilities. Furthermore, you should file bankruptcy only after talking to a Dallas bankruptcy attorney. The time to consider bankruptcy is when you are unable to make the minimum payments on your debt. Once  … Read more

If the person you are going to marry has recently filed bankruptcy or considering waiting until you are married to file, there are a few things you should know before you start your future with a fresh financial start. If Filed Before Marriage If your fiance filed for bankruptcy before you were married, his credit  … Read more

The automatic stay is an essential component of bankruptcy. The goals are the debtor’s fresh start and the creditor’s fair treatment. By stopping individual collection activity by creditors, the automatic stay prevents the reduction of the debtor’s assets and saves them to be surrendered to the trustee for equal dismemberment. The stay applies to all  … Read more

It doesn’t take long for debt to get out of hand. Dallas Bankruptcy Attorneys hear from young people from time to time who have acquired a significant amount of unsecured debt very early on in their credit history. Sometimes  stigmas surrounding a Texas Bankruptcy can often prevent young individuals from filing for the debt relief  … Read more

The 341 Meeting of Creditors is a pinnacle of the Dallas Bankruptcy process, but it’s not the end of the bankruptcy journey, however. The meeting of creditors is rightfully seen as the second major hurdle of a Texas bankruptcy with the first being the collection of information that must be included in your initial petition  … Read more

If you are harassed daily by bill collectors wanting their pound of flesh and need relief from financial pressure, the US Bankruptcy Code has you covered. Enacted by Congress in order to give individuals a fresh start and clean financial slate, filing bankruptcy has many benefits. One of the best attributes of bankruptcy is the  … Read more

Anyone looking to seek debt relief in bankruptcy will soon learn that the process is much more involved than most people assume. From the seemingly endless questions down to the finite detail of your income, debts, assets and property, it can seem overwhelming. While most people are guided by their Fort Worth bankruptcy lawyer in  … Read more

The decision to file bankruptcy can be a tough decision, and some would say that deciding the right time to file bankruptcy can be even tougher. Filing bankruptcy doesn’t have to be a difficult or painful process however. Because of the long lasting financial and legal implications of filing bankruptcy it’s important to get help  … Read more

When filing for bankruptcy, there are a number of costs that are involved, so we thought it prudent to take a look at all the fees involved to give individuals a concrete number. Since these fees can vary in certain situations, we’ll give an average range of what you can expect. The total cost of  … Read more