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Bankruptcy
Can You Switch from Subchapter V to Chapter 7 in Texas?
Many entrepreneurs turn to Chapter 11, Subchapter V bankruptcy to reorganize debts without losing control of their business. Unfortunately, this strategy does not always work out ...
Chapter 7 Bankruptcy
Filing Chapter 7 in Texas After Natural Disaster
Between 1980 and 2024, there were 190 confirmed weather/climate disaster events across the state of Texas, with losses exceeding $1 billion per event. These events included nine ...
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 ...