Bankruptcy Blog Archives

Chapter 7 is a type of bankruptcy filing for both consumers and businesses. Chapter 7 is what people commonly think of when someone says Bankruptcy. It is a liquidation of all or part of the debts owed by the Debtor. Chapter 7 provides relief from most unsecured debt including credit cards and medical bills. There [...]

Finding a good Bankruptcy Attorney can be difficult. It is always good to be prepared with a list of questions when you meet with a Bankruptcy Attorney. You should also make sure that the Bankruptcy Attorney has experience in your area and is able to accommodate your needs. Bankruptcy Attorneys vary in experience and locations [...]

According to §101 (13) of the U.S. Bankruptcy Code, Debtor means the person or municipality concerning which a case under this title has been commenced. The person or entity that files the Bankruptcy is called Debtor for the duration of the Bankruptcy case. A Debtor has the obligation to file the necessary paperwork required in [...]

Consumer Bankruptcy consists of Chapter 7 and Chapter 13 bankruptcy filings. As the title implies Consumer Bankruptcy is only for non-business Debtors. A consumer Debtor that is also a d/b/a does qualify for a Consumer Bankruptcy filing. It is important to make sure that a consumer filer uses a Consumer Bankruptcy firm rather than a [...]

Searching for a Bankruptcy Lawyer can be very difficult. It is important to find a Bankruptcy Lawyer who practices Bankruptcy in your area and is knowledgeable about the local rules for your court division. You should be comfortable with your Bankruptcy Lawyer and always make sure that the firm has ample experience in Bankruptcy practice. [...]

If you are considering filing a Fort Worth Bankruptcy it is important for your to consult with a Fort Worth Bankruptcy Attorney to make sure you are filing in the proper division. Fort Worth Bankruptcy is different than other divisions in many ways. Your bankruptcy attorney will need to be experienced with Fort Worth Bankruptcy [...]

How do you know if you have the right lawyer for your Bankruptcy? It’s hard to know if you are making the right decision when hiring a lawyer. If you go into your initial meeting prepared, some of the apprehension can be avoided. A Lawyer has two main duties, to uphold the law and protect [...]

Bankruptcy filings fall into divisions and Dallas Bankruptcy is very different than Fort Worth Bankruptcy. Dallas Bankruptcy has different bankruptcy Trustee’s and different local rules. Although Chapter 7 and Chapter 13 Bankruptcy laws are uniform the local rules in different divisions are very unique. It is important if you want to file a Dallas Bankruptcy [...]

Many people who file bankruptcy are on a fixed income. Some are on social security or social security disability. This is directly related to the main reasons that people file bankruptcy, loss of income, loss of job, divorce, medical issues, or death of a spouse. The unexpected costs of these and the reduction of income [...]

The new Bankruptcy law goes into affect on October 17th. If you are considering bankruptcy as an option, make sure to speak to a bankruptcy lawyer before then. Bankruptcy is likely to become more difficult and more expensive. An experienced bankruptcy attorney will be able to tell you the options that are available. Your Lawyer [...]