Author Archives: Harmon

Child Support

Some people want to split the conservatorship (custody) of their children equally between the spouses before a divorce.  Think about that carefully as it may hinder your getting child support later.

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TV says incorporate business

There was a recent commercial that said incorporate your small business and protect your assets.  Of course they want you to send them $99.00, or some fee, at least leaving the impression with me  that is your costs.  Really?  Maybe … Continue reading

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Fileing Bankruptcy Alone Does Not Discharge Debts only courts discharge debts

Date: February 16, 2011 Question: I am planning to file for bankruptcy. That means I get a fresh start and all my bills are gone once I file? Filing for bankruptcy is the first step in a fresh start. Bankruptcy … Continue reading

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How Long Live In State To File bankruptcy

Date: February 16, 2011 Question: How long do I have to be a resident of a state before I can file for bankruptcy? Answer: Normally You should be a resident at least 91 days.

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Date: February 10, 2011 Some states have a larger exemption for the value of a home homesteaded by a Debtor. Texas is fortunate enough to have an unlimited cap for people who have been a domiciliary of Texas for over … Continue reading

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bankruptcy means test claim cars with no debt

The question sometimes arises if a person has their auto paid off can they still claim it under the appropriate ownership portion of the means test for bankruptcy.  The following applies in the Fifth Circuit, always check to see if … Continue reading

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Possible Chapter 7 Bankruptcy Abuse

The following case is a good example of what happens when a person files a chapter 7 case in bankruptcy and the Trustee believes it should have been filed as a chapter 13.  The Trustee may claim the Debtors have … Continue reading

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