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+00:00 March 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+00:00 March 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+00:00 January 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+00:00 October 25th, 2017|Student Loans|Comments Off on How to File for Bankruptcy with Student Loans

Where Does Bankruptcy Money Come From?

Bankruptcy is a debt relief process that enables consumers with insurmountable debt loads and financial struggles to gain control of their economic health. Achieving this goal and obtaining a brighter financial future will depend on the Chapter of bankruptcy filed under. For example: Chapter 7 bankruptcy involves the liquidation of non-exempt assets to pay at [...]

By | 2018-04-10T09:17:50+00:00 September 21st, 2017|Bankruptcy|Comments Off on Where Does Bankruptcy Money Come From?

Who Can View My Bankruptcy Record?

Bankruptcy is a significant legal endeavor that can provide substantial benefits to individuals and families struggling financially. Thanks to the automatic stay and discharge of debts provided by consumer bankruptcy – including Chapter 7 and Chapter 13 bankruptcy – those inundated by insurmountable debt loads and financial concerns can secure the fresh start and cleared [...]

By | 2018-04-10T09:24:47+00:00 September 14th, 2017|Bankruptcy|Comments Off on Who Can View My Bankruptcy Record?

7 Things to Avoid Prior to Filing Bankruptcy

If you are considering bankruptcy or have plans to file bankruptcy, getting prepared ahead of time can affect the outcome of your case and your financial future. At Allmand Law Firm, PLLC, we know that failing to prepare or taking the wrong steps can significantly jeopardize the success of a filing. This is why we [...]

By | 2018-03-12T03:54:27+00:00 September 8th, 2017|Bankruptcy|Comments Off on 7 Things to Avoid Prior to Filing Bankruptcy

5 Foreclosure Myths Debunked

Although foreclosure rates are no longer at historical peaks as they have been in recent years, millions of homeowners across the nation still face the personal and financial challenges of foreclosure proceedings. This is true in Texas, where foreclosure activity across the state and the Dallas-Fort Worth area has increased in past two years. That [...]

By | 2018-03-12T04:16:37+00:00 September 5th, 2017|Foreclosures|Comments Off on 5 Foreclosure Myths Debunked

Filing Bankruptcy: Which Chapter Do You File?

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 [...]

By | 2018-03-12T04:24:08+00:00 August 14th, 2017|Bankruptcy|Comments Off on Filing Bankruptcy: Which Chapter Do You File?

Why Hiding Assets Could Cost You

When an individual or couple file 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 [...]

By | 2018-04-10T09:40:07+00:00 August 11th, 2017|Bankruptcy|Comments Off on Why Hiding Assets Could Cost You