Bankruptcy laws have changed a bit over the years, which may lead some people to believe it is more difficult to file for bankruptcy than before the change in laws. Actually, this is a misconception and the changes in bankruptcy laws have little effect on whether a person qualifies for Chapter 7 or would be  … Read more

When considering filing for bankruptcy, many married couples are stumped by the choice to file together or separately.  The best choice varies by couple and can be influenced by factors such as how much community debt is involved, whether the property is held jointly and how much of the debt was accumulated by a single  … Read more

Anyone who has considered, or completed, bankruptcy knows the number of fears associated with the process. Many people worry that their friends, neighbors and even employers will find out. Although bankruptcy is a valuable resource that can provide financial relief, many fear there will be a stigma associated with it. Having these fears prevents many  … Read more

When you are already experiencing financial hardships, the decision to file bankruptcy is not always an easy one. Many people feel there are stigmas involved with filing bankruptcy or fear losing all of their property.  In bankruptcy, the creditor maintains the right to seize and liquidate the assets of the debtor in order to satisfy  … Read more

When filing for bankruptcy as a married couple, there are numerous factors to consider.  Bankruptcy laws and exemptions vary by state, and filing for bankruptcy together or separate could be affected by these differences.  There are different benefits when filing together or filing separately, and couples considering bankruptcy should contact a qualified bankruptcy attorney to  … Read more

After emerging intact from the bankruptcy proceedings with the Texas Rangers, owner Tom Hicks is leading his NHL team, the Dallas Stars through bankruptcy. In 2010, The Texas Rangers emerged in one piece through a “prepackaged” bankruptcy, in which the financial reorganization expedited the process in order to save investors money and facilitate the sale  … Read more