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Unlike most bankruptcy firms in the Dallas / Fort-Worth area, Allmand Law Firm, PLLC spends the time to understand the complete financial picture for every one of our clients. We provide resources, tools and advice to address the unique needs of North Texans.

Blog Posts in April, 2011

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  • Could Tax Refund Anticipation Loans Become A Thing Of The Past?

    Posted By admin || 8-Apr-2011

    This year is the first time that the IRS has stopped providing tax preparation companies and financial institutions with a "debt indicator," making tax refund anticipation loans a lot more risky. The debt indicator use to let lenders know how much of a risk as taxpayer was allowing the bank to make an informed decision about how much to lend the borrower. However, without this information, tax ...
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  • Unemployed Decreases - Are We In A Recovery?

    Posted By admin || 5-Apr-2011

    According to a report released by the U.S. Labor Department, unemployment has fallen to a two-year low of 8.8 percent nationwide. Payrolls increased by 216,000 workers last month after a revised 194,000 gain the prior month, the Labor Department said today in Washington. Economists projected a March gain of 190,000, according to the median estimate in a Bloomberg News survey. The jobless rate ...
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  • A Bankruptcy Fitting For American Apparel?

    Posted By admin || 2-Apr-2011

    American Apparel Inc. has once again announced that it is flirting with the idea of filing bankruptcy. "We are currently experiencing significant liquidity constraints," the company said in a regulatory filing yesterday. The chain said that if it can't improve performance or get alternative financing, it may file for bankruptcy. The company also posted a 2010 loss of $86.3 million. The clothing ...
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  • Post-Bankruptcy Survival: Avoiding New Banking Fees

    Posted By admin || 1-Apr-2011

    How to Avoid the Banking Fees As the recession rages on, many banks that once offered free checking are now implementing new fees and/or raising existing fees on accounts. For debtors exiting bankruptcy, these fees can be a hindrance to their financial goals because they can add up to hundreds of dollars a year once combined. The average overdraft fee hit an all-time high of $30.47 in 2010, and ...
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