What Chapter 7 Can and Cannot Do for You If you're struggling to meet your financial obligations, chances are good that you've considered filing for Chapter 7 bankruptcy protection. It's important to understand, though, that bankruptcy won't solve all your problems and that there will be consequences. Before you decide to file, you want to know … [Read more...]
What to Expect (and Not to Expect) from a Chapter 7 Bankruptcy Filing
May 7, 2020 by Leave a Comment
The Simplest Chapter 7 Bankruptcy Filing
July 17, 2019 by Leave a Comment
A Successful Bankruptcy Petition Can Be Relatively Painless When you think about a bankruptcy, it's pretty common to envision complex financial calculations and lots of paperwork. While many personal bankruptcy filings are complex, and any bankruptcy petition should be made with the assistance of an experienced bankruptcy attorney, there are … [Read more...]
What-Is-Required-In-A-Bankruptcy-341-Meeting
February 13, 2012 by Leave a Comment
In a consumer bankruptcy filing, whether a Chapter 7 or a Chapter 13, one of the first things that happens is a creditors meeting. Often referred to as the 341 meeting, this is when you and the bankruptcy trustee meet with your creditors. Generally, the 341 meeting occurs three to six weeks after your initial filing. The meeting is usually … [Read more...]
What-You-Can-keep-In-A-Texas-Bankruptcy
January 10, 2012 by Leave a Comment
When considering bankruptcy you are understandably concerned with what property you may keep. By understanding what exemptions are available to you in a bankruptcy it can help you take the necessary steps to resolve your financial situation. In Texas, federal and state exemptions are available to bankruptcy filers. On certain exemptions there are … [Read more...]
Garland-Consumer-Bankruptcy-Lawyers
December 7, 2011 by Leave a Comment
Although you aren’t required to hire a Texas bankruptcy lawyer to file for bankruptcy it is a good idea to consult with an experienced lawyer to better understand your situation. While there are countless books and websites that that offer advice on how to handle a bankruptcy by yourself, neither books nor websites can evaluate your set of … [Read more...]
When-Creditors-Dont-Comply-With-Bankruptcy-Discharge-Rules/
September 4, 2011 by Leave a Comment
So you filed for protection under Chapter 7 , identified the debts that you want to permanently discharge, sold some of your assets at a bankruptcy sale, and thought the matter was closed. What do you do, though, if one of your creditors, whose debt was extinguished in the Chapter 7 proceeding, continues in attempts to collect the debt from you? … [Read more...]
can-You-Keep-Your-Property-When-Filing-For-Bankruptcy-Protection
July 25, 2011 by Leave a Comment
If you are struggling to pay your bills, you may have considered personal bankruptcy as a way to stop creditor harassment and get a fresh financial start. You may worry, though, that you will put all your assets at risk, that you may lose all the property you worked so hard to obtain. This blog post addresses how the consumer bankruptcy laws affect … [Read more...]
