The Money Tree Inc., Files for Chapter 11
Money doesn’t really grow on trees, it seems. The Money Tree Inc., a small consumer loan provider filed for bankruptcy protection in Alabama last week. The Georgia-based company was left with no other options, as the economy left many of their customers (debtors) unable to pay back their loans. Filing for Chapter 11 will allow […]
Will Detroit need to file for Chapter 9?
It’s no secret that Detroit has taken a major hit in the recession. The former car manufacturing mecca of the western world, Detroit has now crumbled after the fall of the automotive industry. Unemployment rates are at an all-time high while the housing market remains sluggish. So what options are left for this capital city? […]
Chicago Nuns Go to Bankruptcy Court
The recession has been tough on just about everyone. Businesses, hospitals, even entire cities have been filing for bankruptcy protection to try to save their assets. The newest headline in bankruptcy, however, is “More Nuns in Bankruptcy Court.” This headline is referring to a story reported by Business Week, concerning a retirement community in Chicago. […]
More Hard Times Ahead for Greece
Things aren’t quite looking up for Greece. Ever since the debt crisis of 2009, things have steadily gotten worse. Regular citizens with jobs and homes, who never had a problem finding employment, are now finding themselves sleeping in boxes and under bridges with no sign of hope in the future. Tens of thousands of jobs […]
When is it time to file Bankruptcy?
Filing for bankruptcy can be an intimidating procedure. For many people, it may be the first time they’ll need to contact an attorney. For others, there’s a heavy fear of the unknown and the extended feeling of indecision can take its toll on a family. Many people are convinced they can dig themselves out of […]
Texas Bankruptcy
Bankruptcy is available to relieve you from debt. Our legal team is ready to assist you with your bankruptcy questions. You can call or text the 4’s! Initial consultation is free.
Recovering after Bankruptcy
Filing for bankruptcy can be a life-altering experience, and while it can complicate things, it’s important to know how to start to recover. We’ve talked about ways to re-establish your credit and how to buy a home after filing for bankruptcy, but filing can be as emotionally draining as it is financially. Have no fear, […]
Bankruptcy FAQs
Considering filing for bankruptcy, but don’t know where to begin? If you’re considering filing for bankruptcy, you probably have a hundred questions and concerns weighing on your mind. While it’s always best to consult a bankruptcy attorney to know exactly how bankruptcy will affect your life, here are a couple quick answers to help you […]
What Does a Bankruptcy Attorney Do?
So you’re considering filing for bankruptcy; you’re behind on mortgage payments, credit card interest is compounding quickly and you can’t escape your creditors’ constant phone calls. Many people think to themselves, if I can’t afford to pay for my monthly expenses how can I pay for a bankruptcy attorney? The stress of merely considering filing […]
What to Expect at your Meeting of Creditors
Filing for bankruptcy can be a lengthy and complicated process. When you’re filing a Chapter 7 bankruptcy, you will need to attend a 341(a) Meeting of Creditors with your Trustee and attorney. This can be a very intimidating meeting, but knowing what to expect can help calm your nerves. When your Chapter 7 petition is […]