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For individuals and business owners facing financial hardship, among the promising options to achieve debt relief is by filing for bankruptcy. However, there are several collective popular notions and false assumptions out there about the bankruptcy process.

Dating back to the time of Thomas Jefferson and his presidency, the nation has observed what is called mechanic’s liens to protect subcontractors, laborers, and suppliers on construction jobs from being shortchanged or denied their proper fees.

Large companies have more order and structure, which is why there is more accountability involved. As a board director or officer, you need to understand the importance of following company bylaws and how violating those bylaws may lead to litigation.

There are numerous situations in which one individual or entity may owe a duty to act in the best interests of another party. The duty is known as a “fiduciary duty.”

As a business owner, you have a lot on your plate. The everyday tasks of managing employees, payroll, operations, customer service, and ensuring you’re in compliance with all laws and safety protocols is enough to fill your days.

Businesses need liability insurance coverage to protect their financial interests and cover the costs associated with bodily injury, property damage, and liability claims. Without the appropriate business insurance policy, the business owner may be required to settle costly damages and legal claims against their business or company out of their pocket.

Are you involved in a dispute in or near Dallas, Texas, and looking for an alternative to going to court? I am ready to help. My law firm has helped individuals embroiled in disputes for more than three decades.

You’re running a business that extends credit and some customers or clients fall behind in their payments. You try the usual phone call and email tactics but to no avail. How far can you go in collecting a debt owed to you? What are your rights — and limitations?

Contract disputes can be quite costly and disruptive for any business. While some disputes can be resolved fairly quickly, others may require litigation. If you are facing a dispute involving a contract, you probably want to know what evidence can be used to prove your case.

According to a study by the Small Business Administration, about 36% to 53% of small businesses have to deal with a lawsuit every year. The majority of business owners in Texas agree that avoiding lawsuits can save their business a lot of time, money, and needless stress. However, business disputes and lawsuits may be completely unavoidable at times.