Articles with general information about filing Chapter 7 and Chapter 13 bankruptcy in Texas.
If you need to file bankruptcy then you will have no difficulty finding an attorney to represent you in your case. There are literally dozens of bankruptcy attorneys in Dallas/Fort Worth advertising representation in Chapter 7 and Chapter 13 cases. … Continue Reading
I hate to admit it, but bankruptcy doesn’t help everyone. Sometimes I meet with people who have serious financial difficulties, and there is nothing I can do for them. These people usually have one of two types of problems.
Bankruptcy is an all or nothing proposition. What I mean is that a debtor cannot file bankruptcy to discharge a single debt. Bankruptcy is designed to address all of a filer’s creditors. However, these creditors are not all treated equally. … Continue Reading
Filing bankruptcy is often considered a bad thing. However, companies file bankruptcy because things have gotten bad, and the one thing that may be worse than filing bankruptcy is not filing. Take Eastman Kodak Co. for an example. In 2011,… Continue Reading
Chapter 9 bankruptcy is reserved for municipalities. Basically, when a city gets into financial trouble and cannot repay its debts, Chapter 9 bankruptcy gives it a way to reorganize its financial obligations. Earlier this year Detroit filed for bankruptcy relief… Continue Reading