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Chapter 11 Bankruptcy
What Is Chapter 11 Subchapter V Bankruptcy and Who Qualifies in Texas?
Financial problems do not always mean a business has failed. A profitable company can face serious debt after losing a major customer, experiencing unexpected expenses, ...
Chapter 11 Bankruptcy
New Bankruptcy Legislation Could Expand Relief for More Small Businesses
Small businesses struggling with significant debt may soon have greater access to a streamlined form of Chapter 11 bankruptcy. Congress has passed the Bankruptcy Threshold ...
Chapter 13 Bankruptcy
Can Bankruptcy Stop a Property Tax Foreclosure in Texas?
Falling behind on Texas property taxes can put your home or other real estate at serious risk. Eventually, the taxing authority may pursue foreclosure to ...
Bankruptcy
Can One Spouse Declare Bankruptcy Without the Other? | TX
One spouse can file for bankruptcy without the other in Texas. It’s actually a common way for married couples to handle debt problems. Filing alone can make ...
Foreclosure
Common Mistakes Homeowners Make When Facing Foreclosure
Common mistakes homeowners make when facing foreclosure include everything from ignoring letters from the lender to waiting too long to seek help. Facing foreclosure is one of ...
Creditor Harassment
Can Debt Collectors Contact You After You File Bankruptcy?
Debt collectors generally cannot contact you after you file bankruptcy. Federal law puts an automatic stay in place the moment your case is filed. This stops ...
Chapter 11 Bankruptcy
How Chapter 11 Bankruptcy Affects Existing Business Contracts
When a business files for Chapter 11 bankruptcy, one of the first practical questions is what happens to the contracts already in place. Vendor agreements, leases, ...