The Right Thing To Do

The Right Thing To Do

When does it make sense to file for bankruptcy? It’s going to be a different story for every person who’s in debt. There are some general guidelines – see below – but before you take any legal action regarding bankruptcy in the Dallas-Fort Worth area, you should...
Supreme Court To Hear Bankruptcy Case

Supreme Court To Hear Bankruptcy Case

The United States Supreme Court has agreed to hear a bankruptcy case that will define precisely what “fraud” means under the Bankruptcy Code. The law doesn’t allow you to discharge a debt if you obtained the money fraudulently. The Supreme Court will decide if fraud...
A Costly Foreclosure Mistake

A Costly Foreclosure Mistake

A recent case in Montana is a reminder to homeowners to obtain legal help fast when threatened with foreclosure. In November, a jury awarded a Billings man, Jason Norman, just over $2 million in his claim against a bank that foreclosed on and actually sold a house...
Esteemed Company

Esteemed Company

His picture is on our money, but before he became the president, Abraham Lincoln wasn’t exactly a financial genius. In 1832, the president-to-be purchased a general store in New Salem, Illinois. When the store went bankrupt, Lincoln’s horse was seized and sold to pay...
Bankruptcy And Texas Bankruptcy Exemptions

Bankruptcy And Texas Bankruptcy Exemptions

When you file for bankruptcy in the Dallas-Fort Worth area, an estate is created that includes everything you own as well as anything you are entitled to, such as a tax refund that you haven’t yet received. In a Chapter 7 bankruptcy, the estate property is liquidated...