Tag Archives: Bankruptcy

Chapter 11 Bankruptcy Could Help Sears Survive

Sears was recently granted a $5.2 billion reorganization plan. Under the plan, Sears can continue operating 425 department stores. The plan also allows 45,000 workers to keep their jobs.Chairman Eddie Lampert entered Sears into Chapter 11 bankruptcy in October. Lampert’s … Continue reading

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Chapter 13 Bankruptcy Texas

You are required to repay your creditors some or all of the debt according to a Bankruptcy court approved repayment plan under a Chapter 13 Bankruptcy. Filing Chapter 13 in Texas A Chapter 13 allows you to keep secured assets … Continue reading

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Texas Bankruptcy Exemptions

You can look at the Texas bankruptcy exemptions chart to see whether you can protect the property you value from creditors. Everything you own is placed into a bankruptcy estate when you file for bankruptcy but exemptions let you keep … Continue reading

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Surplus Income Limits for Bankruptcy in Ontario in 2019

The amount you are required to pay if you declare bankruptcy is based on your income.  The more you earn, the more you are required to pay.  This limit is adjusted each year, and the Office of the Superintendent of … Continue reading

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Dallas Bankruptcy Watch: Payless Nears 2nd Bankruptcy

Dallas, Texas-based Payless ShoeSource Inc., an American discount footwear retailer, has announced plans to file for Chapter 11 bankruptcy only two years after its first Chapter 11 reorganization. In its first Dallas bankruptcy in 2017, Payless planned to shed 400 … Continue reading

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