What Are Preferences in a Bankruptcy Filing?

The Consequences of Favoring One Creditor Over Another You’re struggling to make ends meet, whether you’ve lost your job, been forced to take a less...

Bankruptcy—The Benefits and the Options

What a Personal Bankruptcy Filing Can Do for You | Your Filing Options If you’re like many folks across Texas and the United States, the...

The Squeaky Wheel

I recently listened to a leadership expert address the challenge of dealing with the “squeaky wheel” in your organization. A squeaky wheel is a person...

Saving Your Home: The Amazing Chapter 13 Second Mortgage Lien Strip

If you have a second (or third) mortgage and your home is worth no more than the balance on your first mortgage, that second (or...

Who Can You Trust?

We have learned over the years to be skeptical. We have been mislead so frequently that our expectations have been permanently altered. Advertising has promised...

Saving Your Home: “Avoiding” Judgment Liens with Either Chapter 7 or Chapter 13

Judgment liens on your home are traps waiting to be tripped. An extra and underappreciated benefit of filing for bankruptcy is that most of the...

What Is a Debt Owed for “Fraud in a Fiduciary Capacity”?

You can’t discharge debts “for fraud or defalcation while acting in a fiduciary relationship, embezzlement, or larceny.” What do these include? This is the last...

Student Loan Crises and Bankruptcy

This is not an article that is designed to tell you that Bankruptcy can solve your student loan problems. Quite to the contrary, Bankruptcy cannot...

What Is a Debt Owed for “Willful and Malicious Injury”?

These are so unusual you might not even think of them as debts — claims against you for intentionally hurting someone or his or her...

Unsafe Water, Lawsuits and Bankruptcy

A company called Blitz USA has caused a problem in West Virginia by polluting the water system. As can be expected, lawsuits began to be...

Bankruptcy Changes

Hello I’m Joseph Vacek, the Bankruptcy attorney here at Bailey & Galyen Attorneys at Law. Here we are with our monthly newsletter on what’s going...

What Happens When a Debt Collector Files a Lawsuit Against You?

Hello I’m Joseph Vacek the bankruptcy attorney here at Bailey & Galyen. Today we’re going to talk about what happens when a debt collector files...