Here in Texas, at least the Southern District of Texas which includes Houston, unemployment income is counted in the "means test" in determining...

Bankruptcy

There is no minimum amount of debt that you must have to file for bankruptcy. However, based on your ability to pay, and the likelihood of a...

Under the Texas Civil Practice & Remedies Code, the statute of limitations to be sued for most debts in Texas is 4 years. From the facts included...

Should I even consider filing bankruptcy?

It's difficult to respond to your question without more information, because I don't know if you qualify for a bankruptcy case or not. You may have...

What happens to my small business if I file for bankruptcy?

You have a right to continue your trade or occupation after filing bankruptcy. That being said, an interest in an LLC may or may not be able to be...

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Bankrupcty question? I filed banckrupcy in 2005,after job lost.

You can only receive a discharge in a Chapter 7 case commenced more than 8 years after the last case was commenced. However, if your Chapter 7 case...

Bankrupcty Question....

You are eligible to receive a discharge in a Chapter 7 case filed 8 years after your prior case, but not before. Therefore if your prior case was a...

Hire a lawyer or file bankruptcy

Yes, if you never answered the suit and you suffered a default judgment, it may or may not be possible to reopen the case. My office doesn't handle...

Do I need a bankruptcy lawyer?

If I were you, I would first consult with a legitimate non-profit credit counseling firm such as Money Management International here in Houston. It...

If I file for Chapter 7 Bankruptcy in tx, can I include a small business loan from an S-corp that is only under my name?

Yes, if you are liable on the debt, it can and must be listed. But the corporation would not be relieved of the debt. The creditor could pursue the...