Texans considering bankruptcy should understand that there are different chapters under which a case may be filed. Each chapter has different effects and requirements, however, and not everyone is eligible.A Delaware case illustrates that not all debtors may be...
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Month: February 2016
Getting out of debt in Texas
On Behalf of Pelley Law Office LLP | Feb 19, 2016 | Bankruptcy
As people prepare to file their taxes, they are likely to go over their finances. Many individuals will start to look at what they owe and discover that they are more deeply in debt than they had assumed. There are a variety of ways that a person can eliminate or...
Items to consider related to Texas bankruptcy
On Behalf of Pelley Law Office LLP | Feb 12, 2016 | Bankruptcy
In 1898, the first permanent bankruptcy legislation was enacted by the U.S. Congress. Many scholars believe that it was designed to help businesses handle their debts. Today, bankruptcy is used by both businesses and individuals in Texas and around the country....
Tori Spelling has massive debt and no savings, says source
On Behalf of Pelley Law Office LLP | Feb 2, 2016 | Bankruptcy
Texas residents may be interested to learn that actress and reality television star Tori Spelling has been sued for an unpaid debt. According to a Jan. 21 report, Spelling is facing a lawsuit from American Express for unpaid debts. Sources have also reported that...