by Chris Ebert | Apr 15, 2012 | General
1. Foreclosure In May 2012 hundreds of homeowners stand to lose their homes to foreclosure in Dallas County. Bankruptcy can stop that foreclosure the moment the voluntary petition is filed. A Chapter 13 bankruptcy can stop the foreclosure process for up to five...
by Chris Ebert | Apr 15, 2012 | General
In 2011 there were nearly one million applications for bankruptcy protection. Yet the notion persists that bankruptcy is an embarrassing process that will ruin any opportunity for financial well-being. Chapter 7 is sometimes called “liquidation”, although that...
by Chris Ebert | Apr 12, 2012 | General
A lesson from the foreclosure crisis is that a moneylender may be lying when it says it owns a debt. That lesson has been applied to bankruptcy proofs of claim. A proof of claim is a document that a moneylender files in a Chapter 7 or Chapter 13 bankruptcy. A form...
by Chris Ebert | Apr 10, 2012 | General
If you are like most landlords you are very careful about the tenants you choose to put in your property. But, as we can all testify, even good people sometimes have financial problems. How will your tenant’s consumer bankruptcy affect you? If your tenant owes back...
by Chris Ebert | Apr 7, 2012 | General
For many people bankruptcy creates a moral dilemma. Many of us are taught to always repay our debts. Sometimes, bankruptcy lawyers dance around this issue by pointing out that hundreds of thousands of people file bankruptcy each year, including people like Walt...
