The rules affecting what happens to Chapter 13 debtor’s tax refunds while they are in bankruptcy differ depending on where the case is filed. These rules are generally set out in the local rules of the court or a general order. In the Eastern District of Texas, the Chapter 13 Trustee will allow a debtor […]
Dallas Bankruptcy Attorney: CAN MY WAGES BE GARNISHED IN TEXAS?
Dallas Bankruptcy Attorney: CAN MY WAGES BE GARNISHED IN TEXAS? The short answer to this question is “No.” Your wages cannot be garnished in Texas. But as anyone who practices law or has had experience with the legal system can tell you, there are generally exceptions to the rule. Under Texas law, wage garnishment is […]
Dallas Bankruptcy Lawyer: CHAPTER 13 – WHAT IS ADEQUATE PROTECTION?
Dallas Bankruptcy Lawyer: CHAPTER 13 BANKRUPTCY- WHAT IS ADEQUATE PROTECTION? Adequate protection is a term used to describe payments made to some types of secured creditors, which protect them against depreciation of the value of their lien. For example, a creditor who has a lien attached to a car has a secured claim valued up […]
Denton County Bankruptcy Attorney: COMMON SENSE REQUIRED FOR SUCCESSFUL BANKRUPTCY
Denton County Bankruptcy Attorney: After I finish filing a bankruptcy case for my clients, I like to be able to look at their financial situation and know that they are better off than before they walked into my office. My clients are almost always less stressed, happier, and better able to meet their financial obligations […]
Lewisville Bankruptcy Attorney: CAN CREDITORS COLLECT CHARGED OFF DEBTS?
Lewisville Bankruptcy Attorney: There is a common misconception amongst debtors that once a debt has been charged off by a creditor the creditor can no longer attempt to collect the debt. Charged off debts are still collectible, and may be so for years after the debt was charged off. The IRS allows creditors to charge […]