Creditors’ Rights

Residents of Texas and elsewhere have certain rights regarding their debt. While bankruptcy might be the best option to alleviate debt, there is an alternative that can be used first. A preferential transfer may be able to help debtors. What is a preferential...

If you work for a company that either extends credit or provides goods and services, you rely on the timely payments from those indebted to you to continue operating. When people try to avoid their financial obligations to repay your company, it can hurt your bottom...

The word "harassment" is often thrown around quite liberally when it comes to debt collections. Many in Dallas may understand that they legitimately owe on their debts; they just do not like to be reminded of it. You (as a business owner) have every right to collect...

It is not uncommon for a small business in Texas to have customers owe it money. Depending on the type of business you run, you may often sell items to customers on credit. Doing so means that you should also have a collections process in place to go after customers...

You did the research, connected with your clients and complied with all of the necessary regulations to get your financial business off the ground. With all the work you put into it, you expect other people to do the same and to repay their part of your partnership....

There is nothing more frustrating than being owed money and not receiving it. Everybody wants to be paid their fair due; that is why creditors will sometimes employ a writ of garnishment to collect what is owed. The BasicsA writ of garnishment is a legal order in...

If you own a business in Texas, you likely rely on customers' timely payments to pay expenses and fund growth. When a customer not only fails to pay you but also files bankruptcy to prevent any sort of debt collection action, you may be torn between pursuing the debt...