Are you struggling to make ends meet financially? Is trying to cover all your bills and expenses becoming more and more challenging? If so, bankruptcy may be a smart solution. However, if you are like some people, you have kept credit cards for emergencies and may...
Month: November 2022
Who manages asset liquidation in a business Chapter 7 filing?
Your business has so many debts that it has become insolvent. You cannot conceive of a plan that you believe would lead to a financial recovery. If the closure of the company seems inevitable, a Chapter 7 bankruptcy filing can be a good way to protect yourself as a...
Do you have to deal with the trustee in a Texas bankruptcy?
It is safe to say that most individuals file for Chapter 7 bankruptcy (or Chapter 13) after exhausting all other debt relief options. You may feel better when taking these first steps, but you still have responsibilities. A trustee will be assigned to represent your...
3 debts you can’t always discharge in a personal bankruptcy
People file bankruptcy because they worry about the consequences of collection activity or know that they need help getting control over their debt. Bankruptcy helps those struggling financially by providing an automatic stay. After you file your initial paperwork...