Local rules and regulations regarding filing bankruptcy in the Dallas/Ft Worth area!

Back in September, 2005, Delta Air Lines was forced to file for bankruptcy after over a decade of management missteps.

Regaining Control of Your Life: How filing for bankruptcy can put you back in the driver’s seat of your own life.

Rough Waters: Tips for choosing the right bankruptcy attorney to guide you through your financial dire straits.

Congress sends legislation to the President encouraging lenders to save homeowners from foreclosure but rejects a measure to lower mortgages for those going through bankruptcy.

Bankruptcy doesn’t have to feel like a root canal
Getting good information early improves debt management decisions.

While the Dallas-Fort Worth market has not seen the significant drop in value of other markets, like Fort Myers-Cape Coral, Florida where the market is down a staggering 59.1%, this still may not be the best time to sell your home.
If you are struggling with payments already, and looking to sell your home for financial reasons, you may find that even a slightly depressed real estate market puts you at a greater risk of foreclosure.

Texas-based Plainview Peanut Co., LLC filed Chapter 7 bankruptcy in a Virginia court last month, just two months after its parent company Peanut Corporation of America filed bankruptcy in the same court.
Plainview Peanut Co. is the subsidiary chiefly responsible for the salmonella outbreak earlier this year. The processing plant in Plainview, TX had been operational since 2005 but was neither licensed nor inspected until January 2009.

Today, Us Supreme Court Justice Ruth Bader Ginsberg put a hold on Chrysler’s sale to Fiat. Chrysler has been negotiating the sale of most of its assets to the Italian group as it emerges from Chapter 11 Bankruptcy.
There was no indication as to how long the sale will be on hold. In a court order Justice Ginsberg stated that the sale is “stayed pending further order.”

City history demonstrates ability to recover from financial crisis.