by Chris Ebert | Mar 9, 2012 | General
When you hear people talk about bankruptcy “court”, in Dallas or elsewhere, they are generally referring to the bankruptcy process. Most personal bankruptcy debtors, either Chapter 7 or Chapter 13, never actually go before a judge. The primary exception is the...
by Chris Ebert | Mar 5, 2012 | General
About six weeks after you file a voluntary bankruptcy petition in Dallas, be it a Chapter 7 or Chapter 13, you will attend the meeting of creditors required by Section 341 of the Bankruptcy Code. Many people have the idea that the 341 is like the Munich Agreement,...
by Chris Ebert | Mar 3, 2012 | General
In the Old West, many pioneers came to Texas to elude their creditors. Although the old west has been largely relegated to wax museums and Clint Eastwood movies, the pioneer spirit remains in Texas bankruptcy exemptions. When the debtor files a Chapter 7 or Chapter...
by Chris Ebert | Mar 1, 2012 | General
It’s been a pretty steep fall for Amy, a Dallas teacher. She bought her first new car in 2009, but she got sick the next year and now finds herself facing Chapter 7 bankruptcy. Once the voluntary bankruptcy petition is filed, the moneylender (in this case, the auto...
by Chris Ebert | Feb 29, 2012 | General
Nero fiddled while Rome burned. Politicians continue to fuss while the mortgage crisis lingers. If you have negative equity in your home, and you are tired of waiting for someone else to do something, then it may be time to consider Chapter 13 bankruptcy. Chapter 13...
by Chris Ebert | Feb 29, 2012 | General
The setoff is an obscure legal provision most often applied in civil lawsuits. But in the context of consumer bankruptcy, it allows a moneylender to seize funds out of a consumer’s bank account. There are many situations in which the setoff may apply, but the most...
