May 14th, 2012 by Reed Allmand
Chapter 7 bankruptcy may be the most common chapter filed but it is common to have questions about the process if it is being considered as a solution to help handle overwhelming debt. Discussing questions and concerns with a qualified bankruptcy lawyer can help determine if the process if right for you. The following questions [...]
May 11th, 2012 by Reed Allmand
No matter how much you think you may know about personal bankruptcy, there’s no denying that there’s a great deal of misinformation you might be falling for. However, this “misinformation” might do more than lead you astray – it might even prevent you from filing for bankruptcy when you need it most. So what are [...]
May 8th, 2012 by Reed Allmand
Fortunately, bankruptcy does protect a majority of personal property through exemptions. The exemptions allowed depend on the state and each state varies on how much is covered. There are different exemption categories for assets with each having a limitation on how much value is protected. Federal exemptions are also available and in some cases, they [...]
May 2nd, 2012 by Reed Allmand
If you are thinking of filing for personal bankruptcy in Dallas and are worried of a complicated and difficult legal move, think again. While the decision to file should come after much deep contemplation, the truth is that an experienced bankruptcy lawyer can help you navigate the choppy waters of Chapter 7 or Chapter 13 [...]
April 25th, 2012 by Reed Allmand
If you find yourself considering either a Chapter 7 or Chapter 13 bankruptcy, you may be wondering what assets the creditors may seize or what possessions can be saved. Allmand wants you to be aware of certain exemptions both federal and within the state of Texas. Allmand Law wants to help you in any way [...]
April 24th, 2012 by Reed Allmand
Bankruptcy may be an option for small business owners seeking debt relief. There are several factors to take into consideration to determine if bankruptcy can help including the legal form of your business, whether or not you are liable for outstanding business debt, the type of debt and whether or not you want to continue [...]
April 5th, 2012 by Reed Allmand
You’re afraid of filing for bankruptcy because you believe that you won’t be able to keep all of your property after bankruptcy or so you have heard. You are terrified that as soon as you submit that paperwork, you’ll discover that your home, car, and other possessions now belong in the hands of your biggest [...]
April 3rd, 2012 by Reed Allmand
If you’ve fallen behind on mortgage payments and are facing foreclosure, bankruptcy may help you keep your home. The process can help stop debt collectors, slow down foreclosure proceedings and give borrowers more time to work out details related to their finances. In most cases, bankruptcy can help you make missed payments while giving you [...]
March 21st, 2012 by Reed Allmand
When considering bankruptcy, it is important to review your income and assets; having accurate records of your finances will help the filing process move forward. But what if you are planning to relocate to a different state in the near future? The income requirement will be based on which chapter you intend to file and [...]
March 20th, 2012 by Reed Allmand
When considering bankruptcy, it is important to review your income and assets; having accurate records of your finances will help the filing process move forward. But what if you are planning to relocate to a different state in the near future? The income requirement will be based on which chapter you intend to file and [...]
If you have been unemployed for a while, you may be thinking about making a career change or seeking self-unemployment. Keep in mind, some state programs are not eligible for those who are self-employed but some states may allow you to collect unemployment benefits while working toward self-employment. You’ll have to review rules and requirements [...]
An offer in compromise lets taxpayers settle tax debt for less than the original amount that is due. While the paperwork for the process can be obtained by the taxpayer who is seeking to apply, it has been recommended to work with a tax expert during the process. There are rules and requirements that need [...]
The bankruptcy process may seem challenging depending on personal circumstances and which chapter is filed. It is often wondered what happens when a co-signer files for bankruptcy protection. In many cases, a co-signer situation makes both parties responsible for outstanding debt. If the account in question goes into default, either party can be pursued by [...]
When we modify your bankruptcy plan we are changing your plan payments. This means that we have to get with your employer and change the terms and amount of your wage order. The only way we can do that is by filling out a new wage order form.
Learn MoreIf the bankruptcy stay terminates on your home that means that even though your in bankruptcy, your creditor can pursue all there legal remedies they can pursue if you were not in bankruptcy. This includes foreclosure, and having your house sold and evicting you from your house.
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