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 […]
By Brian Allen
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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
Feb15
In the Eastern District Bankruptcy Courts, the local rules allow an attorney’s fee up to $3,500 for a chapter 13 reorganization bankruptcy, unless the attorney files an application with the Court for more attorney’s fees. If an attorney files a written application for more than $3,500, then the Court must give its written approval of […]
Jul02
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 […]
Jul01
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 […]
Jul01
Generally speaking, if you have debts or obligations you cannot handle, or other financial difficulties, a way to resolve the situation is to file for bankruptcy. For most individuals there are two types of bankruptcy - chapter 7 and chapter 13. Chapter 7 is often called “straight bankruptcy” and with it you are […]
