Blog Category: Bankruptcy Information

Our nation’s economy makes for some tough financial calls, especially for small businesses. While bankruptcy is a last-resort option, recognize that declaring bankruptcy is not always bad and does not have to ruin your business’ financial future. In fact, for struggling business owners, bankruptcy can be an excellent strategy to clear debt and start back  … Read more

With so much involved in making a bankruptcy claim, it is concerning that an IRS audit may be possible during or after filing for either Chapter 7 or Chapter 13 bankruptcy. But does it make a debtor more likely to be audited if they file a claim for bankruptcy? A Bryan/College Station bankruptcy lawyer will  … Read more

After filing for Texas bankruptcy, you can experience a flood of emotions. You will likely feel relieved to have debts removed, but may also battle anger or sadness. Furthermore, these are only a few of the feelings that may bankrupt you emotionally. Below are five ways to cope with the emotional toll of bankruptcy: Choose  … Read more

When filing bankruptcy under Chapter 13, the 341 meeting of creditors is an opportunity for the trustee to review your case and assess your proposed payment plan. Your Bryan bankruptcy attorney will attend this meeting with you, which is helpful when fielding questions from the trustee. When is the Meeting? Unlike Chapter 7 bankruptcy, a  … Read more

The lure of fast cash can be tempting at times when money is tight, which is the exact angle payday loan lenders play when looking for more customers. With some areas of town having a payday loan office on nearly every corner, the payday loan industry has been taking advantage of those in hard times  … Read more

If you have defaulted on your debt payments you could be sued by your creditors for repayment. Lawsuit consequences can range from wage garnishment to asset seizure and liquidation. Finding yourself on the receiving end of a creditor lawsuit can be serious, but you do have options for fighting back. Order Of The Court One  … Read more

As one of only a few Bryan/College Station bankruptcy attorneys, people are always comforted to be able to ask experts about the bankruptcy process. In fact, the more you know about the bankruptcy process the better prepared you are for the road to financial freedom it can provide. Here are some additional questions about bankruptcy:  … Read more

The bankruptcy process is often assumed to be a difficult path to financial freedom due to its highly specific nature and attention to detail. In reality, the bankruptcy process isn’t all that confusing and certainly easier than some other forms of debt relief. As a leading Houston bankruptcy attorney these are some of the most  … Read more

Putting a stop to the harassing phone calls, threatening letters and taunts of credit damage is something every debtor in over the heads needs. That is why one of the biggest perks reported by consumers filing for Houston bankruptcy is the protection from creditors through the automatic stay. Stop Suffering The automatic stay is a  … Read more

People often fear the bankruptcy process assuming that much of their personal property will be lost to the hands of creditors. While there could be some risk to your nonessential assets you should know that Texas bankruptcy exemption laws are some of the most generous when it comes to protecting assets. Unlike other states and  … Read more