Apr25
A “Fresh Start” bankruptcy is available in Chapter 7.
Chapter 7 is designed for individuals who are called debtors who do not have sufficient income or property to pay their debts along with ordinary household or business expenses.
Under Chapter 7, individuals domiciled in Texas may choose Texas or Federal exemptions. The exemption laws exist so insolvency […]
Feb09
4TH CIRCUIT AFFIRMS REJECTION OF RIDE-THROUGH
In […]
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 […]
May09
I have a case where the creditor’s attorney sent me a Reaffirmation Agreement. I had never had a creditor’s attorney try to have the creditor’s debt reaffirmed. Moreover, the creditor is over-secured with a deed of trust lien on the debtors’ principle residence. I read Section 524(c)(1) of the Bankruptcy Code. […]
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 […]
By Brian Allen
Tags: Debt Relief Agency, Debtor, Definitions, Fresh Start, Reorganization Plan
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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
