If you are behind on your debt and considering bankruptcy, you may want to file Chapter 7 bankruptcy. The means test is a requirement to be able to file chapter 7 bankruptcy as part of the bankruptcy abuse and prevention act...
Chapter 7 personal bankruptcy is also known as the liquidation bankruptcy. This type of bankruptcy liquidates all of your unsecured debts without a repayment plan. You must forfeit all of your nonexempt property to the...
Trident Lakes, a luxury resort located in just north of Dallas Texas has filed for Chapter 7 Bankruptcy in late July 2018. The 5-star resort isn’t your normal vacation, however, but was initially planned to be able to...
For Texas business owners considering a Chapter 7 bankruptcy, you may be wondering if you should go ahead and sell off your business assets in order to close out your business prior to filing. This can be a complicated...
There are numerous times when individuals who own few assets or even none at all fall into deep debt. In fact, nearly all Chapter 7 bankruptcy cases filed in the US fall into this category. Referred to as “no-asset...
