Category Archives: Chapter 11

Where Do I File Bankruptcy Near Plano, Texas?

May10

If you reside in one of the cities listed below in Collin, Cooke, Denton or Grayson Counties, you must file your bankruptcy case in the Eastern District of Texas, Sherman Division, located at 660 North Central Expressway, Suite 300B, Plano, TX 75074.
Anna
Blue Ridge
Denton
Frisco
Gainesville
Little Elm
McKinney
Plano
The Plano bankruptcy court is in the Wells Fargo Bank building on […]

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Filed under Bankruptcy Courts, Chapter 11, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Interest, Videos

Ground Zero Nowhere To Go But Up: Means Testing, Bankruptcy Definitions - Debtor & Fresh Start, Reorganization Plan and Debt Relief Agency

May08

First, we will start at the legal beginning, the United States Constitution. Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Next, we had different bankruptcy acts, until 1978 when Congress enacted the uniform Bankruptcy Code in 1978. The Bankruptcy Code […]

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Filed under Automatic Stay, Bankruptcy Basics, Bankruptcy Code, Bankruptcy Trends, Chapter 11, Chapter 13 Bankruptcy, Chapter 13 Plans, Chapter 7 Bankruptcy, Important Terms, Plan Payments

North East Texas Bankruptcy Lawyer: Bankruptcy Overview-A Plan To Pay Creditors, Discharge Debt And Stop Forelcosure And Repossessions

Mar25

By North East Texas Bankruptcy Attorney Brian Allen.  Bankruptcy law allows a debtor, who is unable to pay his creditors, to file for bankruptcy protection to stop creditors from collecting from the debtor and the debtor’s property (foreclosure, repossessions).  Chapter 11, 12, and 13 provide for the development of a plan that allows the debtor time […]

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Filed under Automatic Stay, Bankruptcy Code, Bankruptcy Courts, Bankruptcy Trends, Case Law, Chapter 11, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 13 Plans, Chapter 7 Bankruptcy, Chapter 7 Means Test, Credit Cards, Debt Collection, Exemptions, Housing Crises, Important Terms, Interest, Of Interest, Plan Payments, The Economy

Michael Vick Files For Bankruptcy

Jul08

You remember Michael Vick? He is the former NFL quarterback who is serving a 23-month prison term for plotting to run an interstate dogfighting ring. On top of that, on July 8, 2008 he filed for Chapter 11 reorganization. According to Bloomberg News, Vick cited debts of $10 million to $50 million […]

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Filed under Automatic Stay, Bankruptcy Trends, Chapter 11, Debt Collection, Of Interest