If you’re struggling with your finances as a small business owner, filing for Chapter 7 business bankruptcy in Montgomery County, TX could be one way to save your company, or simply offer you a less turbulent way of closing it down. It’s not common for a business entity itself to... View Article
There are some tax debts you can eliminate by filing for Chapter 7 bankruptcy in Montgomery County, TX. However, if you have a tax lien on your property, that is a different matter entirely. While it is not impossible to remove tax liens through bankruptcy proceedings, it is certainly uncommon.... View Article
Creditors are required under federal bankruptcy law to immediately cease all collection efforts after you file for Chapter 7, 11 or 13 bankruptcy. An automatic stay is issued upon your declaration of bankruptcy that, among other things, protects you from creditor harassment. There is a chance, though, that some creditors... View Article
As you likely know, Chapter 7 bankruptcy in Montgomery County, TX is a useful tool for people who are buried under mounting personal debt, but it is not a cure-all. There are some types of debt that cannot be discharged, or forgiven, under Chapter 7 bankruptcy, and this includes student... View Article
People who file for Chapter 7 bankruptcy in Montgomery County, TX will be able to get rid of most of their debts, including medical bills, personal loans, credit card balances and some other expenses. However, there are some types of debt that cannot be discharged in Chapter 7 bankruptcy—you’ll still... View Article