Bankruptcy

When Inflation Makes Your Texas Chapter 13 Unworkable

Inflation and cost-of-living increases are hitting confirmed Chapter 13 plans hard. Debtors whose budgets were feasible in 2022-2023 may no longer stretch to cover the bare essentials, ...
Chapter 11 Bankruptcy

Texas Two-Step Bankruptcies: What Comes Next in 2025

A tool that was designed to split a company into two entities with one retaining assets and the other saddled with liabilities is often known ...
Bankruptcy

Protecting Guns, Tools and Livestock in Texas Bankruptcy

Texas has some of the most generous bankruptcy exemptions in the nation, allowing debtors to keep essential personal and business assets. In many cases, firearms, tools of ...
Bankruptcy

Texas Small Business Bankruptcy: The Subchapter V Gamble

Subchapter V of Chapter 11 bankruptcy was created by Congress in 2019 under the Small Business Reorganization Act and was intended to be a lifeline for struggling small ...
Bankruptcy

Texas Payday Loans, Usury Laws, and Chapter 13 Bankruptcy

Texas payday loans typically come with exorbitant fees and ridiculously high interest rates that can trap borrowers in a never-ending cycle of debt. Although the ...
Bankruptcy

Texas Professional Licenses: Can Bankruptcy Affect Credentials?

For many Texans, professional licenses are more than just credentials. A professional license is often the result of years of your work and study, and ...
Chapter 11 Bankruptcy

Protecting Intellectual Property During Chapter 11 Bankruptcy

The most valuable asset for most Texas companies that deal in technology is probably not office space, office furniture, or even venture capital. Intellectual property ...