Even the best small businesses can face financial difficulties. When such circumstances arise, small business owners have the option to file bankruptcy in an attempt to alleviate their debt or to restructure their payments, buying more time to get their finances in order and to repay their debts. Small businesses have a choice between Chapter […]
Not all bankruptcy types work in the same way. The one thing they have in common is a systematic process. It is important to understand these steps in order to successfully file and complete the bankruptcy process. Future posts will cover the steps in Chapter 7, Chapter 11, and Chapter 8. For now, let’s focus […]
Income tax is a bittersweet matter for many Americans. On one hand, this interest-free loan to the government takes a large chunk of most taxpayers’ income each pay period. On the other hand, after going through the tedious process of arithmetic and filing in forms, many Americans can count on getting a large portion, if […]
If you are considering filing a bankruptcy case, one of your creditors may be a Pay Day Lender. Many people in financial difficulties resort to borrowing money from these lenders who can only be described as loan sharks. When you file a bankruptcy case, you must list all of your assets and all of your […]
The Bankruptcy Court for the Western District of Texas has adopted a local rule that establishes $3,000.00, plus expenses, as the attorney’s fees for a Chapter 13 bankruptcy case for an individual. If you file a Chapter 13, you will be in bankruptcy for 3 to 5 years and your wages will be garnished during […]
A Short sale of real estate means that the property is sold for less than the amount required to pay debts secured against it. This type of transaction requires the cooperation of the primary lender and any other creditors to whom the property was pledged as security. Many lenders and practically all realtors are eager […]
As a Waco Bankruptcy Lawyer and a Killeen Bankruptcy Lawyer, I am frequently asked if getting a discharge in a bankruptcy case will make a client incur a tax liability. Under the U.S. Tax Code, if a debt is discharged in a bankruptcy case, that debt forgiveness is not taxable income. However, if a creditor […]
Most of our clients think that if they file a bankruptcy case, they will never get credit again. As a Killeen Bankruptcy Attorney and a Waco Bankruptcy Attorney, I have found that not to be the case. We have many clients who come to us for repeat bankruptcy filings because we discharged their debt in […]
As a Killeen Bankruptcy Attorney and a Waco Bankruptcy Attorney my clients frequently ask me if they should reaffirm the debt owed on their home mortgage when they file a Chapter 7 bankruptcy case. In this scary real estate market, many homes with mortgages are underwater, which means that these homes are worth less than […]
As a Waco Bankruptcy Lawyer and Killeen Bankruptcy Lawyer I am frequently asked this question. When you file a Chapter 7 bankruptcy case or a Chapter 13 bankruptcy case, you must fill out bankruptcy forms called “bankruptcy schedules” which you sign under the penalty of perjury. Those forms ask you to list all of your property. […]
The following was taken from a presentation Erin gave at Baylor Law School for Veterans on 11/11/10: As the economic climate continues to deteriorate in the U.S., financial difficulties seem to be affecting more and more individuals. Foreclosures and bankruptcies are now at record highs throughout the nation. As an attorney with an office in […]
With the great number of military, veterans and civilian contractors that we see in our offices from Killeen, Ft. Hood, Temple, Belton, Gatesville, Copperas Cove, and across Central Texas, Erin B. Shank P.C. has launched TexasMilitaryBankruptcy.com a site specializing in helping our military men and women with bankruptcy. http://www.texasmilitarybankruptcy.com
Everyone in the office is so professional n respectful. Since I have major hearing problems they worked with me to complete all necessary forms. and agreed to have my sister help.
From the first time I walked in the door I was treated with respect, dignity and concern. I am communicated with on a regular basis, my questions are always answered in a timely manner and if I need to speak to my attorney she is available as well. I was told the process upfront, costs and time... Read More
Great experience, professional assistant with military experience. Definitely great advice and guidance! Thank you!
This firm came highly recommended by associates and by their reviews. And they earned the five stars from me at the first consultation. The appointment was very comfortable and not stressful at all. After being uneasy about my choice to pursue bankruptcy, this firm gave me a sense of peace about my... Read More
My experience with Erin Shank and her office personal was excellent! Very professional environment, friendly and above all she really does care about helping people. Thank you!
Our experience was excellent! The staff was friendly, knowledgable and very responsive. Bankruptcy isn't an easy decision nor an easy process, but Erin Shank made it the absolutely best that it could be. I highly recommended Mrs. Shank and her staff.
I don’t normally feel compelled to write reviews, however our experience with Erin Shank was so extraordinary that something must be said. We were in a financial position that felt like the end of any future life pleasure, embarrassed, fearful, and seemingly no where to turn. Our accountant... Read More
Erin B. Shank, P.C.
1711 E Central Texas Expy #107
Killeen, TX 76541
(254) 690-4110
Erin B. Shank, P.C.
1902 Austin Ave
Waco, TX 76701
(254) 296-1161
