Yes, inheritance can be affected by community property law in Texas because spouses in a community property state typically own equal shares of all marital property acquired during the marriage, which can impact inheritance rights and obligations upon the death of one spouse. Any property owned as community property at the time of death of one spouse may be subject to specific rules under community property laws that could affect inheritance rights. It's important to consult with a legal professional to understand how community property laws in Texas may impact inheritance.
In Texas, if a person dies without a will, their property will be distributed according to intestacy laws. This typically means that the property will pass to the surviving spouse and children in varying shares depending on the family situation. If the deceased had no spouse but had children, then the property would likely pass to the surviving children.
It does not matter what state your in. No one is liable for an act of nature. Your neighbor is responsible for the portion on their property and you are responsible for the portion on your own property.
In Texas, a joint property can still be seized for a judgment against one spouse, even if the other spouse signed a quit claim deed before the judgment. This is because Texas is a community property state, and joint assets are generally considered to be owned equally by both spouses regardless of individual financial obligations or actions such as signing a quit claim deed.
No, it is illegal to dumpster dive in a construction site in Texas without permission from the property owner. Trespassing on private property and removing items from a construction site dumpster without authorization can lead to legal consequences. It is advisable to seek permission before entering a construction site for any reason.
Theoretically yes. Chapter 13 bankruptcy is a type of repayment plan and your debts are not discharged the way you may be more familiar with in Chapter 7. However, not all debts will need to be repaid in full, some will only be partial. Both you and your wife would have to maintain a strict budget for up to 5 years.
Yes, you can obtain an insurance license in Texas even if you have a bankruptcy on your record. The Texas Department of Insurance considers various factors, including the nature of the bankruptcy and the time elapsed since the bankruptcy was discharged. It’s essential to disclose the bankruptcy during the application process and demonstrate that you have since met any financial obligations. Each case is evaluated individually, so it's advisable to consult with the appropriate licensing authority for specific guidance.
The laws relating to bankruptcy in Texas are Chapter 7 and Chapter 13. Chapter 7 will completely relieve one of all major debt and allow for one to keep their house and one car. Chapter 13 is better if one fits into and has a steady income as it gives one the breathing room need to help one get out of debt without being completely over taken by their debt.
Texas Transportation Code - Chapter 683 Abandoned
Bankruptcy is Federal, not state. While your state of residence changes which federal district you are in, it does not change your eligibility to file.
Yes, Foxworth-Galbraith Lumber Company, a Texas-based building materials supplier, filed for Chapter 11 bankruptcy protection in June 2020. The company cited financial difficulties exacerbated by the COVID-19 pandemic as a key reason for the filing. Following the bankruptcy, they aimed to restructure their debts and continue operations.
No, they did not file for bankruptcy.
Individual associations are governed by their governing documents. In Texas, you can review the Property Code -- Chapter 209 -- Texas Constitution and Statues and pay particular attention to the type of association of interest.
A bankruptcy can almost always be reopened. Unless the "liquid assets" were available to the debtor at the time of filing or fall into one of the categories (gambling winnings or inheritance) that had to be reported within 6 months of discharge, four years is way too late to go after them. Even in Texas.
Yes, you are responsible for the balance not recovered through an auction, certains fees the lender charges which include the tow. If bankruptcy if filed with the amount of the debt owed, then the debt is discharged and you are not responsible for any money owed. Since bankruptcy is Federal, it applies to All states.
The cost will depend on which type of bankruptcy you are filing. It costs less to file chapter 7, between $950 - $1,400. Expect to pay your attorney more if you are filing chapter 13: around $1,800 to $2,400. Most lawyers will offer a free consultation where they will talk about how much they charge.
18 months