What Is a Business Debt Exemption?

What Is a Business Debt Exemption?

It may be that if you are filing for a Chapter 7 bankruptcy for your business that the majority of the debts are business debts and you won’t have to go through the means test in order to qualify. There are several different steps that may need to be taken to see which form of  … Read more

  Filed under: Bankruptcy Information


Chapter 13 Bankruptcy For Small Business

Chapter 13 Bankruptcy For Small Business

If your business is running into financial difficulty there may be a chance that you are speaking to other business associates about this who they themselves have used a bankruptcy to assist them to get back on their feet. What needs to be remembered is that every bankruptcy action is different and there are various  … Read more

  Filed under: Chapter 13


Is There a Statute Of Limitation For Debts?

Is There a Statute Of Limitation For Debts?

When you are filing for bankruptcy it doesn’t matter whether it’s a Chapter 13 or Chapter 7 you have a lot of information that you must provide to the bankruptcy courts. You have to give a list of all of your debtors that you want included in your Houston bankruptcy. The rules are different for  … Read more

  Filed under: Debt


Understanding the Debts Handled In a Bankruptcy

Understanding the Debts Handled In a Bankruptcy

Most individuals that are facing a load of debt aren’t really concerned about the type of debt that they have. To them debt is a debt and using bankruptcy as a form of debt relief is the choice that many are making. It is during this process that they begin to understand that there are  … Read more

  Filed under: Debt


A Trustee And A Bankruptcy Administrator

A Trustee And A Bankruptcy Administrator

There is no doubt that as you proceed through your bankruptcy filing that there are going to be many terms that you don’t understand. One of the most important individuals in your bankruptcy proceeding is going to be either your US trustee or your Bankruptcy Administrator. It is important to understand which of these would  … Read more

  Filed under: Bankruptcy Information


Creditors Claims In Bankruptcy

Creditors Claims In Bankruptcy

You no doubt are pretty well aware of what your debt obligations are and how much money you owe. Most often when individuals are running into financial difficulty they are at risk of losing some of their assets. Many times they have not been able to make their mortgage payments and find that they are  … Read more

  Filed under: Bankruptcy Information


What is a Bankruptcy Discharge?

What is a Bankruptcy Discharge?

A bankruptcy discharge is the ultimate goal that you want to reach with your bankruptcy action. What this means is that you have met all of the criteria that has been placed upon you by the bankruptcy courts as a debtor. If you have been involved in a Chapter 13 bankruptcy this means that you  … Read more

  Filed under: Filing bankruptcy


What is a Bankruptcy Dismissal?

What is a Bankruptcy Dismissal?

When you are going through a bankruptcy process there are many different terms that you are going to hear and have to understand as they apply to your particular bankruptcy case. One term that you do not want to have to deal with is what is called a bankruptcy dismissal. This means that your bankruptcy  … Read more

  Filed under: Filing bankruptcy


What is the Straight Bankruptcy?

What is the Straight Bankruptcy?

Once you become involved in a bankruptcy there are all kinds of terms that you are going to hear. One of the first category of terms involves the different types of bankruptcies that may be available to you to apply for. You may hear the term straight bankruptcy. What this refers to is the Chapter  … Read more

  Filed under: Filing bankruptcy


Understanding the Texas Exemptions for Bankruptcy

Understanding the Texas Exemptions for Bankruptcy

Once you become involved in a Texas bankruptcy there is much that you are going to learn. While it may be stressful for you at the time, try to keep your eye on the end goal which is being more financially stable once your bankruptcy has been concluded. One of the things that you’re going  … Read more

  Filed under: Filing bankruptcy