Information on San Antonio Bankruptcy, San Antonio Injury, & San Antonio Real Estate Law
Jackson Hewitt Tax Service Inc, the second-largest US tax preparer has finally agreed with its creditors on the company’s restructuring plan, and filed for a pre-packaged bankruptcy under Chapter 11. The company’s trouble with its creditor began when it was not able to meet the credit agreement’s primary condition, which is to come up with [...]
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Creditors of Lehman Brothers Holdings Inc have proposed a new plan to restructure the financially stricken company to boost financial recovery and protect finances from the other ailing subsidiaries of the firm. The proponents of the restructuring plan are led by Morgan Stanley and Goldman Sachs, together with twenty other banks and hedge fund firms. [...]
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In a landmark case, a three judge panel has allowed the petition of four individuals to uphold the dismissal of a losing bidder’s suit. The four individuals are defunct farmer’s cooperative trustee and two other executives together with the purchaser of the assets of the cooperative. The case stemmed from the bankruptcy sale in 2004 [...]
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If you are asking whether or not you need a San Antonio attorney, it is reasonable to assume that you are facing some kind of legal process. Ultimately, you need to decide, but when you consider that the initial consultation with any attorney is free, you might as well take at least that first step. [...]
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The many reasons to overcome any reluctance to file bankruptcy make this a relatively easy question to answer. When making the decision to file, it is worth considering what the intended outcome of the bankruptcy code is for the debtor, and that is to provide relief from debts that have become unmanageable so that the [...]
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1. Do I need a lawyer? This depends on the complexity of the particular case and the type of bankruptcy involved. Chapter 7 cases can be straightforward. However, as most bankruptcy lawyers offer the first consultation free, it is worthwhile pursuing this option. An experienced lawyer could ensure that less property is lost when filing [...]
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Many attorneys in San Antonio offer a free initial consultation; however, as there is often a need to act expediently, it is best to be well prepared at that consultation to avoid wasting time trying to find one that suits your needs. You would be wise to select several to look at closely through consulting [...]
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Different chapters are suitable for different needs, but bankruptcy, basically, provides relief for debtors through the automatic stay on creditors’ actions following filing. The automatic stay means that all forms of harassment that debtors can be subject to, including letters, phone calls and other demands for payments, must stop. Ultimately, if all the requirements of [...]
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The decision to file bankruptcy under chapter 7 or chapter 11 is best undertaken following consideration of the advantages and disadvantages related to the circumstances of the debtor. Current income and costs incurred need to be considered. Chapter 7, while available to both individuals and businesses is more suitable for individuals willing to liquidate their [...]
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