file bankruptcy

Struggling American automaker Fisker Automotive fired a majority of its rank-and-file workers in as a last resort to save money and avoid a bankruptcy filing. The maker of hybrid automobiles received $200 million government backed loans and amassed $1.2 billion from investors. Fisker has around $30 million cash available, according to a person who knows […]

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People who file bankruptcy are ordinary people who are facing a financial crisis of some kind; often it is an entirely unanticipated crisis. After all, that is what the word crisis implies. So, if that description loosely fits you, you may be advised to file bankruptcy. Of course it is not that easy or simple. […]

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San Antonio Bankruptcy Requirements

by San Antonio Attorney

When deciding to file bankruptcy, the amount of debt you have and your income are factors. It is possible to have too much disposable income to file chapter 7 and too much debt to file chapter 13. An indicator of too much debt (for a chapter 13) is whether or not you owe more than […]

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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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