Latest on the Bankruptcy Blog

With employment numbers looking positive across a number of sectors in addition to lower taxes, numerous Americans have found themselves with extra money. For those who are carrying credit card debt, you may be wondering whether you should place it in saving or pay down that credit card balance. While every person’s financial situation is  … Read more

The Container Store, a Northwest Dallas, TX-based specialty Retail Company has averted a Texas bankruptcy this month in what financial experts are calling a rare comeback. The company was able to cut borrowing costs and extend a term loan helping to bolster its market price and avoid having to consider a Texas bankruptcy filing. Investors  … Read more

As a requirement to filing bankruptcy, you must take a credit counseling course approved by the US Bankruptcy Courts. You must take this course within 180 days of filing for either Chapter 7 or Chapter 13 bankruptcy in Texas. While this course is relatively quick and painless, the provider of the credit counseling course must  … Read more

The Container Store, a Northwest Dallas, TX-based specialty Retail Company has averted a Texas bankruptcy this month in what financial experts are calling a rare comeback. The company was able to cut borrowing costs and extend a term loan helping to bolster its market price and avoid having to consider a Texas bankruptcy filing. Investors  … 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

As a requirement to filing bankruptcy, you must take a credit counseling course approved by the US Bankruptcy Courts. You must take this course within 180 days of filing for either Chapter 7 or Chapter 13 bankruptcy in Texas. While this course is relatively quick and painless, the provider of the credit counseling course must  … Read more

They say timing is everything and this couldn’t hold truer than when deciding to file for a Dallas bankruptcy. The majority of bankruptcy cases emerge after an individual has experienced a life-changing event such as a prolonged illness, loss of employment, after being sued, or after a divorce. While this seems like an appropriate time  … Read more

Fort Worth firefighters and police representatives piled into town hall this week to discuss the fate of the city of Fort Worth’s underfunded pension plan.  The city stated that in order to keep up with payments it needed to raise an addition $50 million dollars in order to prevent the pension from going bankrupt in  … Read more

If you’ve flown on a US commercial air flight or had a sore back while at work, chances are that your flight or office hours were made more comfortable by some gadget from Brookstone. The stores have become a staple of the airport or mall scene over the last decade, earning a dominating market position  … Read more

Student loan debt continues to be an ongoing issue and one that many Texas lawmakers and Texas bankruptcy attorneys have weighed in on heavily. While there have been serious discussions revolving around allowing graduates to include their student loan debt in Chapter 7 and Chapter 13 bankruptcies in Texas, no clear guidelines or legislation has  … Read more