Life After Bankruptcy: How to Regain Control of Your Finances

We know that filing for bankruptcy can be a stressful ordeal. And while you may feel relief after your case closes, the decisions you make in your life after bankruptcy are just as (if not more) important. To learn more about how to regain control of your finances after filing bankruptcy, contact a skilled bankruptcy [...]

By |2018-09-18T18:42:18+00:00September 18th, 2018|After Bankruptcy|Comments Off on Life After Bankruptcy: How to Regain Control of Your Finances

What Is the Role of the Chapter 7 Bankruptcy Trustee?

The court appoints a Chapter 7 bankruptcy trustee to preside over every Chapter 7 bankruptcy. The trustee is not entirely a neutral party. Although appointed by the court, the trustee works on behalf of the creditors. This means going through your paperwork to see that everything is in order, reversing recent transactions that may be [...]

By |2018-08-20T07:15:59+00:00August 15th, 2018|Bankruptcy|Comments Off on What Is the Role of the Chapter 7 Bankruptcy Trustee?

Filing a Joint Chapter 7 Bankruptcy Petition

Married couples that face mounting debt can file for joint bankruptcy together for the purpose of discharging the debts that they cannot pay. This is simply known as a joint bankruptcy or joint Chapter 7 bankruptcy. A Bankruptcy Attorney Can Help Determine Whether You Qualify for Joint Chapter 7 Allmand Law Firm, PLLC can help you and [...]

By |2018-07-11T23:15:47+00:00July 11th, 2018|Bankruptcy|Comments Off on Filing a Joint Chapter 7 Bankruptcy Petition

How to Rebuild Credit After Bankruptcy

To rebuild credit after bankruptcy, you need to have a plan. That plan has to be better than the one that landed you into bankruptcy in the first place. Sure, it’s a huge relief to have all that debt off your shoulders, but the bankruptcy will be on your record for the next 10 years [...]

By |2018-06-12T23:08:46+00:00June 12th, 2018|Bankruptcy|Comments Off on How to Rebuild Credit After Bankruptcy

What Is the Role of the Bankruptcy Trustee in Chapter 13?

When you file Chapter 13 bankruptcy, this allows you to reorganize your debt and repay your creditors over a three to five year plan. An appointed bankruptcy trustee will oversee the administration of the repayment plan. Below, Reed Allmand discusses the bankruptcy trustee's duties, as well as what to expect when filing Chapter 13. What [...]

By |2018-06-08T08:45:27+00:00May 22nd, 2018|Bankruptcy|Comments Off on What Is the Role of the Bankruptcy Trustee in Chapter 13?

What You Need to Know About Bankruptcy and Divorce

Two of the most devastating and overwhelming situations in life are bankruptcy and divorce. Unfortunately, many people who endure the one are also faced with the other. Filing bankruptcy can indicate financial difficulty, which is a leading cause of divorce. If you are fighting with your spouse about money, you are more likely to seek [...]

By |2018-04-23T23:46:56+00:00April 23rd, 2018|Bankruptcy|Comments Off on What You Need to Know About Bankruptcy and Divorce

Why You Need an Attorney When Filing Chapter 7 Bankruptcy

It can be tempting to seek a bankruptcy without an attorney to avoid legal fees. But you may end up with unnecessary stress and spending an excessive amount of time on your case if you go it alone. If you are considering filing Chapter 7 bankruptcy, it’s important to talk to an attorney as soon [...]

By |2018-03-26T18:31:59+00:00March 26th, 2018|Uncategorized|Comments Off on Why You Need an Attorney When Filing Chapter 7 Bankruptcy

7 Things to Avoid When Filing Bankruptcy in Texas

If you are overwhelmed with debt, filing bankruptcy may be a good option for you. It can help you eliminate debt, obtain manageable payments, and address the past so you can plan for the future. A skilled bankruptcy lawyer at Allmand Law can evaluate your situation and help you understand your legal options. Whether you file Chapter [...]

By |2018-03-20T20:07:13+00:00March 20th, 2018|Bankruptcy|Comments Off on 7 Things to Avoid When Filing Bankruptcy in Texas

How Trump Leveraged Other People’s Money to Make Bankruptcy Work for Him: A Timeline

Donald Trump is the self-proclaimed “king of debt.” Before becoming president, he built his brand and companies with massive amounts of borrowed money. Allmand Law teamed up with James Publishing to illustrate this timeline by Mother Jones, outlining Trump’s Bankruptcies: How Trump Leveraged Other People’s Money to Make Bankruptcy Work for Him. In the 1980s, [...]

By |2018-01-25T20:38:10+00:00January 25th, 2018|Bankruptcy|Comments Off on How Trump Leveraged Other People’s Money to Make Bankruptcy Work for Him: A Timeline

How to File for Bankruptcy with Student Loans

Higher education is a critical investment for the future, and it has become a commodity younger generations, as well as older generations looking to start new careers, are required to have by more and more companies when beginning their careers. Unfortunately, it doesn’t come cheap. With rising tuition costs at both public and private institutions, [...]

By |2018-03-12T03:45:30+00:00October 25th, 2017|Student Loans|Comments Off on How to File for Bankruptcy with Student Loans