Can my employer fire me for filing bankruptcy? The Bankruptcy Code expressly prohibits private employers from firing you because you filed for bankruptcy. See 11 U.S.C. § 525(b). This prohibition even protects debtors who discharged debts owed to their employer. For example, a bank teller cannot be fired for discharging credit card debt owed […]
TEXAS BANKRUPTCY: IS MY BANK ACCOUNT PART OF THE BANKRUPTCY ESTATE?
In many Dallas bankruptcy cases there is confusion about whether money in a bank account is part of the bankruptcy estate. For bankruptcy purposes, money in a bank account is part of your bankruptcy estate if the money in the account is your money. Just because your name is on a bank account doesn’t necessarily mean […]
TEXAS BANKRUPTCY: IS THE TRUSTEE GOING TO TAKE MY POSSESSIONS?
Chapter 7 bankruptcy is sometimes referred to as a “liquidation” bankruptcy case. However, in practice there is very little liquidation of property. Most Texas bankruptcy debtors find that they don’t lose any of their property in Chapter 7 bankruptcy. When a person files bankruptcy they have to list all of their property and what they […]
TEXAS BANKRUPTCY LAWYER: DOWNWARD TREND IN FORECLOSURES ?
TEXAS BANKRUPTCY LAWYER: DOWNWARD TREND IN FORECLOSURES NOT NECESSARILY A SIGN OF ECONOMIC RECOVERY I recently read an article in the San Antonio Business Journal by Tricia Lynn Silva regarding the downward trend in foreclosures. Her article says in part: “As of Nov. 30 2011, a total of 10,124 foreclosure notices had been filed […]
DALLAS BANKRUPTCY: NON-DISCHARGEABLE DEBTS
Dallas Bankruptcy: Bankruptcy is a great way to get rid of debt. But there are some debts that cannot be discharged in bankruptcy. The non-dischargeable debts bankruptcy attorneys generally talk about are taxes, student loans, and domestic support obligations. These are the most common types of non-dischargable debts, and at least one of the three is […]