Should I file bankruptcy before or after divorce in Texas? This question can loom large for those already coping with the emotional toll and financial strain of ending a marriage. In Texas, where divorce follows community property laws, the stakes often feel higher. There isn’t a one-size-fits-all … [Read more...]
Bankruptcy Filings in Texas: Hiring the Right Attorney for Your Case
This is a very significant decision. It can provide relief from overwhelming debt and give you a fresh financial start. However, it is also a complex legal process that can be difficult to navigate without professional help. For residents in Texas, hiring the right bankruptcy attorney is essential … [Read more...]
What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy in Texas?
The two most common types of personal bankruptcy are Chapter 7 and Chapter 13. As Texas bankruptcy attorneys, a common question we receive is, "What is the difference between Chapter 7 and Chapter 13 bankruptcy in Texas?" Though both Chapter 7 and Chapter 13 bankruptcy can help you get a fresh … [Read more...]
What does bankruptcy do?
People begin to ask themselves (and others), “What does bankruptcy do?” as they begin to consider the possibility that they may need to file for bankruptcy. Being well-informed on the bankruptcy processes is vital to adequately preparing yourself. The more prepared you are, the more likely you are … [Read more...]
Debtor Education Course for a Chapter 7 Bankruptcy Filing in Texas
If you decide to pursue a Chapter 7 bankruptcy filing, a condition of your debt’s discharge will be your successful completion of a debtor education course that the courts have pre-approved. Consider consulting with a lawyer first though our bankruptcy law offices in Dallas for an evaluation of your … [Read more...]
Car Repossession in a Texas Chapter 7 Bankruptcy
The ongoing economic crisis is being reflected in the personal bankruptcy status rate, which shows that more people are going this route in order to find relief from their financial troubles. To learn if this is the best option for your situation, you should consult with a Dallas, Texas Chapter 7 … [Read more...]
Chapter 7 Bankruptcy Information: How Dallas Divorce Can Impact Filed Bankruptcies
Have you been through a divorce, or are you facing divorce in the future? Bankruptcy can impact both spouses in some cases, whether they’re still together or in the process of being separated, and it’s important to know what may happen to the both of you in a Chapter 7 bankruptcy. If you’ve gone … [Read more...]
After Passing the Means Test for Bankruptcy in Texas
Bankruptcy terms like the means test can be confusing. Not only that, you may have the option to file for either Chapter 7 or Chapter 13. With this being such a complicated area of the law, it may be in your best interests to seek legal counsel from a Dallas, TX law firm. The Chapter 7 means test … [Read more...]
Non-exempt & Exempt Property in Bankruptcy
Filing a Chapter 7 bankruptcy case requires you to release qualifying assets and property to your creditors to help repay your debt. This only applies to non-exempt property, and in Texas, that may not be as much as you think. Non-exempt Property Under Texas Chapter 7 bankruptcy law, any assets or … [Read more...]
Chapter 7 Pros and Cons: Weigh Your Options Carefully
In my role as a bankruptcy attorney here in Texas, I've helped many individuals dig out from under soul crushing debt. Each client brought a unique story and set of circumstances to the table but many of them also shared similar struggles and fears. Please allow me to tell you about Mr. Whirley. … [Read more...]
