Has a possible six-figure damage award ever slipped your mind?  When you are asked to list “real property that you own”, does the question seem unclear?  Have you ever slightly underestimated the value of your property? The majority of tax returns are unaudited.  If you make some innocent (or even not-so-innocent) omission on your tax [...]

By |2017-05-19T23:37:49-05:00December 18th, 2012|General|Comments Off on Oops

The Cost of Filing Bankruptcy

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By |2017-05-19T23:37:50-05:00December 7th, 2012|General|Comments Off on The Cost of Filing Bankruptcy

The Cost of Filing Bankruptcy

In the Dallas area, the amount of money that an attorney can charge is pretty much set.  It doesn't matter if you are filing a voluntary petition under Chapter 7 or Chapter 13.  What really matters is the type of the attorney that you hire.  Before you give any money to a lawyer, ask yourself a couple [...]

By |2012-11-08T09:36:23-06:00November 16th, 2012|General|Comments Off on The Cost of Filing Bankruptcy

Missing Property

He may live in a pineapple under the sea, but a defunct California company cannot seem to locate 76 sets of SpongeBob silver coins.  No word yet of any Patrick or Squidward memorabilia. While this matter may not involve a do-it-yourself bankruptcy, this story certainly highlights the risks of such a ploy.  Bankruptcy fraud is [...]

By |2017-05-19T23:37:51-05:00November 13th, 2012|General|Comments Off on Missing Property

Need A Lawyer?

Like many Dallas-area people, Don uses a tax preparer every spring.  Now, he knows he needs to file bankruptcy, but he thinks he can do it himself and save some money. Don’s situation is not uncommon.  Last year, two-thirds of all Americans used a professional tax preparation service.  Many taxpayers reasoned that the amount of [...]

By |2017-05-19T23:37:58-05:00May 23rd, 2012|General|Comments Off on Need A Lawyer?

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