Category Archives: Chapter 12 Bankruptcy

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

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 […]

Where Are Bankruptcy Cases Filed?

There are 94 federal judicial districts in this America, and in almost all districts, bankruptcy cases are filed in the bankruptcy court. Almost all districts of separately appointed federal judges that just handle bankruptcy filing and related matters. Bankruptcy cases cannot be filed in state court. Why are there separate […]

The Truth About Bankruptcy

My colleague Jamie Ryke of Second Start Bankruptcy Law Firm talks about how staying alive often means filing bankruptcy, and how some people let the stigma of bankruptcy effect their better judgment. Bankruptcy is a legal device that is intended to help you from losing everything. Let us listen in to Jamie Ryke […]

What Is More Important To You? Saving Money For Retirement Or Paying Off Your Credit Cards?

Trying to make a decision to file bankruptcy is a hard decision.  I grant you that.  It is one that you have to make by yourself.  All lawyers like me can do is give you the best advice possible.  However, I get asked all of the time why someone in a very tight financial situation […]

Elizabeth Warren Discusses The Pressures Confronting The Two Income Family

Elizabeth Warren is a professor at Harvard University School of Law that is well known for her research on economic issues and bankruptcy. She has written books on th subject, appeared before Congress on the subject, and teaches law on the subject. Here she discusses the economic pressures confronting the two income family […]