A struggling small business owner from Texas is getting a fresh start. The business operated for 12 years, but the owner was unable to recover after the Great Recession. He stated that the business was hit hard during the Recession and once his capital was diminished...
The need to file for a business bankruptcy is frequently contingent on market factors. It is with this in mind that a large number of businesses have needed to move forward with a Chapter 11 bankruptcy in Texas because of a glut in the oil market. According to...
While personal bankruptcy is viewed as a viable option for Texas residents who have been negatively affected by the struggling economy, are facing mounting bills and need debt relief to get back on stronger footing, it is not the panacea that some might be mistaken in...
Businesses in Texas might recoil at the mere mentioning of the word "bankruptcy" even if they know that the future of the business might rely on getting the business and its debts back under control. What must be realized is that the decision to file for a business...
Once a person in Texas who is struggling financially makes the decision to deal with those financial challenges by considering bankruptcy, it can be confusing deciding which option is the right one. Those who are thinking about filing for Chapter 7 need to be fully...
