Can I File for Bankruptcy Myself?

Can I File for Bankruptcy Myself?

Yes, you can legally file for bankruptcy on your own, you can usually find the forms online and in do it yourself workbooks that you find at the bookstore. You can even legally represent yourself in bankruptcy court. But just because you can, doesn’t necessarily mean you should. Spending Time Away From Work In most  … Read more

  Filed under: Filing bankruptcy


Bankruptcy Myth: Untrustworthy People File

Bankruptcy Myth: Untrustworthy People File

Some misconception is that shady people rack up a bunch of bills and they want the courts to bail them out. The real purpose of bankruptcy is to give honest people who have fallen on a hard time, a chance to have their debts reduced and get a fresh start. Reasons to File Bankruptcy It’s  … Read more

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Bankruptcy Makes the Creditors Stop Calling

Bankruptcy Makes the Creditors Stop Calling

The bankruptcy system is set up to give you time to reorganize your debts or liquidate your assets depending on the type of bankruptcy you choose. As soon as you file the proper paperwork with the court, creditors are prohibited from contacting you regarding your debt. Any attempts to contact you must be through the  … Read more

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David’s Bridal Files Chapter 11 Bankruptcy

David’s Bridal Files Chapter 11 Bankruptcy

On November 5th David’s Bridal filed Chapter 11 bankruptcy. The nation’s largest wedding retailer entered into a pre-packaged agreement with the majority of the lenders, note holders and equity holders. The company hopes to finish the bankruptcy restructuring by early January. Business will continue as usual during the court-supervised process. Customers Can Continue Shopping Scott  … Read more

  Filed under: Chapter 11


Main Causes of Personal Insolvencies

Main Causes of Personal Insolvencies

What are the leading causes of personal insolvencies? The answer is as diverse as the individuals that live in our country. Insolvency occurs when an individual or business is unable to pay back their debts or meet financial obligations with lenders when debts become due. Keep in mind that there is a distinct difference between  … Read more

  Filed under: Debt


Mortgage Liens in Chapter 7 Bankruptcy

Mortgage Liens in Chapter 7 Bankruptcy

Houston Bankruptcy attorneys are often asked what happens to mortgage liens in Chapter 7 bankruptcy. What happens to your mortgage in a bankruptcy relates to three key areas surrounding mortgage liens: equity in the home versus mortgage debt, past due payments, and ability to complete future payments. Mortgage Liens Explained A Mortgage lien is an  … Read more

  Filed under: Mortgage


Westmoreland Coal Company has filed for Chapter 11

Westmoreland Coal Company has filed for Chapter 11

Colorado-based Westmoreland Coal Company has filed for Chapter 11 in a bankruptcy court in Houston. The company operates mines in Texas, Wyoming, Montana, New Mexico, North Dakota, Ohio, and a coal-fired power plant in North Carolina. Westmoreland is over $1.4 billion in debt and $770.46 million in assets according to the filing on October 9.  … Read more

  Filed under: Chapter 11


Is Filing Bankruptcy Right for You?

Is Filing Bankruptcy Right for You?

We see in the media almost weekly another giant corporation or celebrity is filing for bankruptcy. You wonder how do people that make so much money lose control of their finances. Filing for bankruptcy is a tough decision. One with far-reaching consequences for your financial future. However, if the possibility of losing your home, business  … Read more

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Houston Bankruptcy Watch: Mattress Firm

Houston Bankruptcy Watch: Mattress Firm

Houston Bankruptcy watchers saw the Houston-based mattress manufacturer and retailer, Mattress Firm, announced that it was filing for Chapter 11 bankruptcy. Attorneys in Houston Texas will explain that in most retail Chapter 11 bankruptcy cases, overexpansion will result in a “financial timeout” to downsize the least profitable stores and reorganize their debt obligations. This usually  … Read more

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Houston Texas Bankruptcy Watch: Texas Equusearch

Houston Texas Bankruptcy Watch: Texas Equusearch

Nonprofits play a major role in society. Working hard to build and fund your nonprofit requires assistance in the form of practical advice and step-by-step instructions. Even in successfully operated a tax-exempt organization money can run out, leaving those individuals whose lives are enhanced without other options. Texas EquuSearch Started in 2000, 501(c)(3) Texas EquuSearch  … Read more

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