Author - Dallas Legal News

Exhausting All Options as You Move Toward Bankruptcy

Exhausting All Options as You Move Toward Bankruptcy

Many people believe that bankruptcy is always a negative thing and is something that they should stay away from. The truth is, filing for an option like Chapter 7 bankruptcy when it comes to the livelihood of your business might be the best choice you can make. You might [...]

Protecting Yourself from a Lawsuit with Bankruptcy

Protecting Yourself from a Lawsuit with Bankruptcy

Many people wonder how they can avoid being sued by creditors when they own a business and are dabbling with the prospect of bankruptcy. Going through a lawsuit might be one of the most difficult things that you have ever experienced, which is why many people attempt to avoid [...]

Things to Avoid When Going Through the Bankruptcy Process

Things to Avoid When Going Through the Bankruptcy Process

When you are going through the bankruptcy process, there are many things that will be expected from you. However, there are also many things that you should avoid doing. Bankruptcy lawyers will always tell business owners that there are certain things that they should not do and things that [...]

Exhausting All Options as You Move Toward Bankruptcy

Texas Business Bankruptcy and Chapter 13

Owning and operating a thriving business is a hard thing to do and, unfortunately, it may eventually come to pass that your sole proprietorship simply is not turning the profit that it needs to in order to pay for its daily operation let alone your personal wages that are [...]

The Impact on Your Financial Future After Bankruptcy

The Impact on Your Financial Future After Bankruptcy

When somebody is getting ready to or already has filed for bankruptcy, they might wonder what impact it will have on the rest of their lives. There are many times in our lives when we might think that it is time to file for a loan or when our [...]

Factors That Must Be Considered in Business Bankruptcy

Factors That Must Be Considered in Business Bankruptcy

You may have been thinking about business bankruptcy for some time as your business continues to plummet and the bills pile up. However, the decision to file for this type of bankruptcy is not an easy thing to do. There are many factors that a business owner must consider [...]

Understanding Business Bankruptcy and Wage Garnishment

Understanding Business Bankruptcy and Wage Garnishment

Finances are an individual’s biggest concern when they are going through bankruptcy. You want to hold onto as many finances as possible and stay as financially stable as possible after you have gone through one of the most difficult times in your life. A concept that might be new [...]

Things to Avoid When Going Through the Bankruptcy Process

When a Corporation Can’t Pay Debts, Does it Lead to Bankruptcy?

When you own a business, you do everything that it takes to ensure that your assets are covered and that you are able to pay for any debts that arise. However, one year your business does not meet its goals or do as well as you were hoping for, [...]

Are You Able to Stop a Foreclosure with Chapter 7 Bankruptcy?

Are You Able to Stop a Foreclosure with Chapter 7 Bankruptcy?

Many business owners are also homeowners, which means that everything could be on the line after an individual has decided to move forward with Chapter 7 bankruptcy. Few people try to go into foreclosure every year and the process is typically involuntary. When a business experiences excessive debt and [...]

Tips on How to Avoid a Repeat Chapter 7 Bankruptcy

Going through a business bankruptcy is not an easy reality to face. However, once an individual has gone through the process of filing a Chapter 7 bankruptcy and following through, they may not change their financial ways and end up right back in the same situation. Did you know [...]