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 August, 2017

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  • Filing Bankruptcy: Which Chapter Do You File?

    Posted By Allmand Law Firm, PLLC || 14-Aug-2017

    Every year, numerous Americans turn to bankruptcy as a means to find relief from insurmountable debt. These individuals, couples, and businesses come from all walks of life, and their financial situations are always unique. Because finances and filers are always different, the Chapter of the U.S. Bankruptcy Code you file under is a matter unique to you. At Allmand Law Firm, PLLC, our Dallas ...
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  • Why Hiding Assets Could Cost You

    Posted By Allmand Law Firm, PLLC || 11-Aug-2017

    When an individual or couple files for bankruptcy, they are required to disclose all of their assets in their petition. It is important for filers to remember that they must be 100 percent truthful when disclosing assets and that they not attempt to hide them. Some people think that by concealing assets, they won’t be taken away by the court during bankruptcy. However, doing so is considered ...
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  • Understanding Your Plan of Reorganization for a Chapter 11 Bankruptcy

    Posted By Allmand Law Firm, PLLC || 7-Aug-2017

    Chapter 11 bankruptcy, also known as "reorganization bankruptcy," is a bankruptcy plan that allows corporations, partnerships and individuals to reorganize their finances and restructure their debt. Unlike Chapter 13 bankruptcy cases, Chapter 11 bankruptcy has no debt ceiling. This plan is popular with both large and small businesses that need to restructure their debt. The ...
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  • Four Bankruptcy Myths Busted

    Posted By Allmand Law Firm, PLLC || 4-Aug-2017

    If you or a loved one are currently considering bankruptcy to address your financial problems and obtain a financial fresh start, it is important to remember that not everything you hear about the process is true. There are a great deal of myths surrounding bankruptcy, and they often comes through word of mouth, anecdotes, and sheer misinformation they gets perpetuated among the public. Taking ...
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  • Should I Keep My Car After Bankruptcy?

    Posted By Allmand Law Firm, PLLC || 1-Aug-2017

    If you are filing for bankruptcy, it is likely that you have been facing debts and financial difficulties in various areas of your life. This can include your property, and your vehicle. Because many of us depend on our cars to get us to and from work, and to handle the daily needs of life, it can be difficult to consider whether giving yours up is a wise decision. Because bankruptcy is always ...
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