February 28, 2011

Foreclosure, Pets, and Bankruptcy

The economic downturn has had a far-reaching affect. The mortgage crisis created a new victim: the family pet. As more families lost their homes to... Read More

February 25, 2011

Short Sale Tax Consequences

A short sale is the sale of real estate for less than the balance owed on the property. Short sales are common in today’s real estate market,... Read More

February 23, 2011

Discharging Family Debt in Bankruptcy

Consider the following example:  Tom and Becky Sawyer get a divorce. They have no children and Tom and Becky each have identical incomes (Tom is... Read More

February 21, 2011

How Chapter 7 Affects Sole Proprietors

Most businesses are legal entities separate from the individual owners. Microsoft, for instance, is not the same as Bill Gates. Corporations, LLCs... Read More

Texas Legislature Poised to Liberalize Handgun Laws

Texas Legislature Poised to Liberalize Handgun... Read More

February 18, 2011

What is Chapter 7 Bankruptcy?

The Bankruptcy Code is a set of federal laws first enacted by Congress in 1979. The Bankruptcy Code is divided into chapters that provide specific... Read More

February 15, 2011

When Your Personal Debt Mirrors Our National Debt

The Washington Times reports that this year’s White House budget projects that the national debt will top $15 trillion in 2011, equaling the... Read More

February 14, 2011

Five U.S. Presidents Who Lost it All

In February we celebrate President’s Day, so now is a good time to reflect on some of the financial hardships a few of our Presidents endured... Read More

Should Texas Legislators Pass Mandatory Dog Insurance?

Should Texas Legislators Pass Mandatory Dog... Read More