Kisch Consumer Law

Can Non-Citizens File for Bankruptcy in Texas? Absolutely. If you’re an immigrant struggling with overwhelming debt in Texas, bankruptcy might be an option for you regardless of your citizenship status. Many non-U.S. citizens mistakenly believe they don’t qualify for bankruptcy protections, but U.S. bankruptcy laws don’t require citizenship. Instead, eligibility depends on factors like residency,…

Filing for bankruptcy in Texas can provide relief for individuals and businesses facing overwhelming debt. Understanding the costs associated with bankruptcy, including court filing fees, attorney fees, and additional expenses, is essential for making an informed decision. How Much Does It Cost to File Bankruptcy in Texas? The cost of filing bankruptcy in Texas includes…

Inheriting assets during bankruptcy in Texas can significantly impact your financial situation and the proceedings of your case. Understanding how such inheritances are treated under Texas bankruptcy laws is crucial for effective financial planning. How Does Inheritance Affect Bankruptcy in Texas? In Texas, the treatment of an inheritance during bankruptcy largely depends on the timing…

Can Bankruptcy Wipe Out Child Support or Alimony in Texas? If you’re facing financial struggles and considering bankruptcy in Texas, you might be wondering: Can filing for bankruptcy erase my child support or alimony obligations? The short answer is no, but bankruptcy can still provide some financial relief in other ways. Let’s break it down…

Navigating bankruptcy is challenging, especially when deferred compensation plans are involved. If you’re a Texan considering bankruptcy and have such a plan, it’s crucial to understand how these elements interact. Let’s delve into the specifics to provide clarity and guidance. What Happens to Deferred Compensation in Texas Bankruptcy? When filing for bankruptcy in Texas, all…

Understanding Franchise Debt Bankruptcy in Texas Operating a franchise in Texas offers numerous advantages, including brand recognition and established operational support. However, financial hardships can arise, leading franchise owners to consider bankruptcy as a viable solution. Understanding how bankruptcy impacts franchise agreements in Texas is crucial for making informed decisions. How Does Bankruptcy Affect Franchise…

Understanding the Impact of Bankruptcy on Subscription Models in Texas Subscription-based businesses thrive on recurring revenue and customer loyalty. However, financial challenges can disrupt this model, especially when bankruptcy becomes a consideration. In Texas, understanding how bankruptcy affects your subscription business is crucial for making informed decisions. How Does Bankruptcy Affect Subscription-Based Businesses? Filing for…

Filing for bankruptcy is a significant decision, and when you’re in a common-law marriage in Texas, the process introduces unique considerations. Understanding how Texas law treats common-law marriages and community property is essential to effectively navigate bankruptcy proceedings. What Is a Common-Law Marriage in Texas? In Texas, a common-law marriage, also known as an informal…

Navigating Inherited Business Ownership in TexasIf you’ve inherited a business in Texas, you might wonder, “What happens if the business faces bankruptcy?” Whether you’re a sole owner or part of a family-owned enterprise, understanding how bankruptcy laws affect inherited businesses is crucial. In this comprehensive guide, we’ll explore what happens to inherited business ownership when…

What Happens to Luxury Assets in a Texas Bankruptcy? Declaring bankruptcy is already a stressful decision, but when high-value assets like luxury homes, expensive cars, or fine art are involved, the process becomes even more complex. Many Texas residents wonder: Can I keep my luxury assets if I file for bankruptcy? How does the court…