The Allmand Law Firm, PLLC Difference

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 June, 2017

Blog Home
  • What to Expect During a Meeting of Creditors

    Posted By Allmand Law Firm, PLLC || 27-Jun-2017

    When you file for bankruptcy, you will have to attend a hearing conducted by your bankruptcy trustee called a “meeting of creditors” or a 341 hearing. The purpose of this meeting is to allow the bankruptcy trustee an opportunity to ask you questions about the information you have provided in your bankruptcy petition, schedules, and other documentation. You will have to answer these ...
    Continue Reading
  • Understanding Tax Liens and Bankruptcy

    Posted By Allmand Law Firm, PLLC || 23-Jun-2017

    Eliminating certain types of debt through a discharge is one of the hallmarks of the bankruptcy process. A debt discharge will eliminate your personal obligation to pay a debt, which can free resources and provide the financial fresh start you need to get a hold of your finances and find stability in your future. Because many people are aware that a debt discharge exists at the end of a Chapter 7 ...
    Continue Reading
  • Is Discharged Debt Taxable?

    Posted By Allmand Law Firm, PLLC || 16-Jun-2017

    One of the most defining aspects of bankruptcy is the discharge of debts that comes at the end of a case. Whether you file under Chapter 7 or Chapter 13 of the U.S. bankruptcy code, you will receive a discharge charge of your debts following liquidation under Chapter 7, or the completion of a payment plan under Chapter 13. This debt discharge frees you from obligations to make payments on certain ...
    Continue Reading
  • Filing for Bankruptcy? Stop Using Your Credit Cards

    Posted By Allmand Law Firm, PLLC || 9-Jun-2017

    If you are among the millions of Americans struggling with debt that seems insurmountable, bankruptcy may be the best option for finding relief and a fresh financial head start. If you are considering bankruptcy, you should now that there are certain things you might want to avoid prior to filing under any Chapter of the bankruptcy code. This is especially true when certain action, such as using ...
    Continue Reading
  • To Liquidate or Not Liquidate Your Assets When Considering Bankruptcy

    Posted By Allmand Law Firm, PLLC || 2-Jun-2017

    Bankruptcy is a legal process through which people struggling with insurmountable debt can obtain a financial fresh start through a discharge of their debts. Depending on your current financial situation, you may file bankruptcy under a certain chapter of the U.S. Bankruptcy Code. One of the most common chapters for consumer bankruptcy is Chapter 7, and it is known as “Liquidation ...
    Continue Reading
  • 5 results found. Viewing page 1 of 1.