Abii & Associates, Author at Abii & Associates

By Abii & Associates
October 20, 2026
Bankruptcy, Business

Business Bankruptcy vs. Personal Bankruptcy: What Happens When You Personally Guarantee Business Debt?

When a business can no longer meet its financial obligations, owners may assume that filing bankruptcy for the company will protect their personal finances. That assumption can be costly if they have signed personal guarantees. The key distinction is that a business and its owner may be separate legal persons, but a personal guarantee can […]

Bankruptcy

By Abii & Associates
October 19, 2026
Bankruptcy

Can a Personal Guarantee Be Discharged in Bankruptcy?

You may have signed a personal guarantee to help your business obtain a loan, commercial lease, equipment financing, or line of credit. At the time, the guarantee may have seemed like a routine requirement. But if the business later experiences financial difficulties, that guarantee can expose you to personal liability for debts the business cannot […]

Business, Contract

By Abii & Associates
October 14, 2026
Business, Contract

Breach of Fiduciary Duty Between Business Partners in Texas

Business partners often rely on one another to manage money, protect company information, pursue business opportunities, and make decisions in the company’s best interests. When that trust breaks down, the consequences can extend far beyond a disagreement over profits or management. A partner might secretly transfer company funds, divert a valuable client to another business, […]

Business

By Abii & Associates
October 14, 2026
Business

What Happens When Business Partners Want to Split Up in Texas?

A business partnership can begin with shared goals and a clear vision, but circumstances change. One partner may want to retire, another may be ready to pursue a different opportunity, or disagreements over money and management may make working together impossible.When that happens, leaving the business is rarely as simple as walking away. Partners must […]

Articles

By Abii & Associates
October 8, 2026
Articles

Specific Performance in Texas Real Estate: Can You Force a Buyer or Seller to Close?

You have signed the contract. The inspections are done. Financing is lined up. Closing day is almost here. Then the other party backs out. For a buyer, that might mean losing a home they have spent months trying to purchase. For a seller, it could mean losing a deal after taking the property off the […]

Articles

By Abii & Associates
October 6, 2026
Articles

Can a Buyer Sue a Seller for Failure to Disclose Property Defects in Texas?

Buying a home is a major financial decision, and buyers expect sellers to be honest about problems that could affect the property’s value, safety, or condition. But what happens when you close on a Texas property and later discover a serious defect the seller never disclosed? Depending on the circumstances, you may have grounds to […]

Articles

By Abii & Associates
September 23, 2026
Articles

Can an HOA Foreclose on Your Home in Texas?

Falling behind on your homeowners association (HOA) dues can feel like a minor financial problem until you receive a foreclosure notice. In Texas, an HOA or condominium owners association (COA) may have legal authority to place a lien on your property and, in certain circumstances, pursue foreclosure. That does not mean an HOA can simply […]

Articles

By Abii & Associates
September 22, 2026
Articles

How Long Does Bankruptcy Stay on Your Credit Report?

Filing for bankruptcy can provide relief when debt has become impossible to manage, but the decision does not end when the bankruptcy case closes. One of the questions many people have afterward is how long the bankruptcy will remain on their credit report and how it may affect their financial life. Generally, a bankruptcy can […]

Bankruptcy

By Abii & Associates
September 16, 2026
Bankruptcy

Can You Stop a Foreclosure in Texas by Filing Bankruptcy?

Yes. Filing for bankruptcy can stop a foreclosure in Texas by triggering an automatic stay, which generally prevents creditors from continuing collection actions, including foreclosure, once the bankruptcy case is filed. For a homeowner who has received a foreclosure notice or is facing an upcoming sale, timing matters. Texas allows nonjudicial foreclosures, meaning a lender […]

Estate Planning, Legal Advice

How to Remove an Executor From an Estate in Texas

When someone is appointed executor of an estate, they are given significant responsibility. They must protect estate property, handle financial obligations, comply with probate requirements, and ultimately distribute assets according to the deceased person’s wishes. But what happens when the executor stops doing the job properly? Beneficiaries do not have to accept serious mismanagement, financial […]