\ December 2019 Archives | Tyler Texas Bankruptcy Law Blog

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December 2019 Archives

Using Chapter 13 for certain small businesses

As our blog has discussed on previous occasions, business owners in Texas have several options should they run in to financial trouble. Businesses of significant sizes may be able to take advantage of a Chapter 11 filing, which is primarily designed so that troubled businesses are able to re-organize their affairs.

A review of Texas exemptions from creditors' claims

Like other states, Texas law allows debtors to claim exemptions that allow them to protect their property from creditors' claims. While these are most commonly used in the bankruptcy process, debtors can legally claim them whenever facing the danger of a creditor seizing their property to satisfy an overdue debt.

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Law Office of Gordon Mosley

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Tyler, TX 75703

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