Dallas, Texas-based Payless ShoeSource Inc., an American discount footwear retailer, has announced plans to file for Chapter 11 bankruptcy only two years after its first Chapter 11 reorganization. In its first Dallas...
The moment the clerk stamps your petition when you file for bankruptcy with the courts, the “automatic stay” goes into effect. What this means is that creditors can not make any attempts to contact you regarding your debt...
4 Mar, 2019
Should You File Bankruptcy?
Most people aren’t eager to file bankruptcy, and the decision to file should come only after you have exhausted all other reasonable possibilities. Furthermore, you should file bankruptcy only after talking to a Dallas...
28 Feb, 2019
Malls Losing Retail Shops to Bankruptcy
Local malls are losing retail stores due to bankruptcies. In the last month, Payless shoes and Charlotte Russe are the latest in the long list of stores to announce it has filed for Chapter 11 bankruptcy protection. Stores...
25 Feb, 2019
Exemptions in Bankruptcy
Exemptions are protected assets that cannot be taken by the bankruptcy trustee or creditors. When you have decided to file for bankruptcy protection, you will want to talk to an experienced Plano bankruptcy attorney to ensure...
