William

Attorney’s Top Tips to Avoid Chapter 7 Bankruptcy Dismissal

When filing for Chapter 7 bankruptcy, there are many tasks and responsibilities to juggle. Finding a reliable bankruptcy lawyer makes a significant difference regarding how successfully and smoothly the process goes. One of the primary concerns you should focus on is the risk of bankruptcy dismissal. Many times, dismissal results from an honest mistake or … Read more

The Chapter 13 Claims Process

In a Chapter 13 Bankruptcy there is a claims process that occurs among the parties.  In simplicity it works as follows: — the creditor receives notification of the Bankruptcy from the Court — the creditor files a “proof of claim” with the Court showing the debt and proof of how it is owed —  during … Read more

How Bankruptcy Permanently Stops Foreclosure

How Chapter 13 Bankruptcy allows you to Permanently Stop a Foreclosure Filing for a Chapter 13 Bankruptcy is one of the best ways to permanently stop a foreclosure.  The reason for this is simple:  because the creditors have no choice but to stop the foreclosure in the Bankruptcy and allow you to put together a … Read more

3 Property Code Exemptions to Protect Your Assets During Bankruptcy

Filing for bankruptcy in Dallas, TX is a nerve-wracking ordeal, but Texas is one of the best states in which to file bankruptcy. Texas Property Code exemptions are extremely generous, so you can protect all of the assets you wish to retain. Here are three property code exemptions that will serve to help protect your assets: Homestead … Read more

Bankruptcy vs. Credit Counseling

I have a tremendous percentage of my clients who come to me after having tried some type of credit counseling program.  The reaction is always the same — “I should have come to you first.”  The purpose of this post is to give you a sense of how credit counseling works and how a Bankruptcy … Read more

How Attorney Fees Work with a Chapter 13 Bankruptcy

A Chapter 13 Bankruptcy requires that you put together a “plan” that determines how various creditors or interested parties will be treated.  In this plan the client pays a trustee who is appointed by the Court.  The Trustee then distributes the money according to your plan.  One of the main benefits of Chapter 13 Bankruptcy … Read more

Steps to Rebuilding Credit after Chapter 13 Bankruptcy in Dallas, TX

Filing for Chapter 13 bankruptcy can be a scary chapter in anyone’s life. While the situation may feel out of your control, there are things you can do to rebuild your credit and restore financial health. Keeping your house and your assets are within your reach with the help of Collins & Arnove, your partners … Read more