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Austin Legal Blog
Bankruptcy and other options to deal with medical bills
Texans can accrue debt in a variety of ways. When confronted with overwhelming debt, it can stoke fear, worry and concern as to how to handle it. One of the most common ways to accrue massive bills is through medical treatment. In addition to the debt itself, an added...
There are many options for those seeking debt relief in Texas
If you are a Texas consumer who is confronted with overwhelming debt, you may want to seek a viable strategy to improve your financial standing. This can be a complicated endeavor, and you may be susceptible to marketing strategies from individuals and companies...
Doing nothing can also violate the automatic stay
In a Texas bankruptcy, once the filing is made with the court, everything is frozen in place. This is what is known as the automatic stay, and courts take it very seriously. While taking steps to initiate collection of debts is forbidden, one creditor found out that...
Getting a home ready to be sold
If you are looking to sell your Texas home in a timely manner and for maximum value, it is important to properly prep it to be viewed. The goal is to create a home that has curb appeal and that is visually stunning when seen online or in person. Less is typically more...
Inaction may be action for a bankruptcy court
In a Texas bankruptcy, the ordinary rule is that the automatic stay requires creditors to freeze in place and do nothing once the bankruptcy is filed. However, creditors should be aware that there are some situations where doing nothing can actually get them in...
Inheriting property with liens
If you've inherited property in Texas, there's a chance you've inherited some debt associated with that property. When a loved one passes away unexpectedly, it is likely they haven't resolved all of their debt. You may find they owe money to creditors who have...
What problems could keep you from closing on your dream home?
When you make an offer on a Texas home and a buyer accepts, you may think that's all you have to do in order to get the keys and start moving in. In most cases, there is a 30-day waiting period between acceptance of the offer and the closing, which is the very last...
Taxpayers need to avoid “ghost” tax preparers
The 2020 tax season has officially begun. As we do each year, we take time to recognize different scams that victimize taxpayers. One that the IRS recently highlighted is about the so-called “ghost preparer.” These are unscrupulous tax preparers who will...
What problems could keep you from closing on your dream home?
When you make an offer on a Texas home and a buyer accepts, you may think that's all you have to do in order to get the keys and start moving in. In most cases, there is a 30-day waiting period between acceptance of the offer and the closing, which is the very last...
Small Business Reorganization Act arrives in February
The president signed the Small Business Reorganization Act (SBRA) in August of 2019, but it officially takes effect in February of 2020. Congress designed this popular law to fill a previous gap by providing small businesses and owners with a way to restructure or...
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