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Pakis, Giotes, Burleson & Deaconson, P.C.

Understanding the Bankruptcy Process: A Step-by-Step Guide

When you're facing overwhelming debt, the thought of bankruptcy can feel like a maze, bringing with it a whirlwind of emotions, including stress, fear, and uncertainty about what the future holds. It's understandable to feel lost or anxious during this time. The legal terms, the endless paperwork, and the worry about your financial well-being can seem like an impossible hurdle to overcome. But remember, you're not alone, and there is a path forward.
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Pakis, Giotes, Burleson & Deaconson, P.C.

What Happens to Your Debts After Filing for Bankruptcy?

Filing for bankruptcy is a significant decision. However, it’s important to remember that it’s not the end. Instead, bankruptcy serves as a fresh start. If you’re struggling with debt, bankruptcy can be a powerful tool to help you regain control of your financial future.
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Pakis, Giotes, Burleson & Deaconson, P.C.

How to Choose the Right Business Structure: LLC vs. Corporation

Starting a business requires more than an idea and ambition. One of the first and most important decisions is choosing the right structure for the company. The structure impacts everything from liability protection and taxation to decision-making and long-term growth.
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Pakis, Giotes, Burleson & Deaconson, P.C.

Common Myths About Bankruptcy: Debunking Misconceptions

Facing financial hardship can feel isolating and stressful. Many people hesitate to seek help because of myths surrounding bankruptcy. We know it’s not easy, and understanding your options can relieve some of that burden.
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Pakis, Giotes, Burleson & Deaconson, P.C.

How to Prepare for a Mediation Session

Mediation has become an increasingly popular method for resolving disputes in the field of business. Unlike litigation, which can be costly, time-consuming, and adversarial, mediation offers a more collaborative and efficient alternative. However, like any legal process, proper preparation is key to achieving a favorable outcome.
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Pakis, Giotes, Burleson & Deaconson, P.C.,The Roosevelt Tower

What to Include in a Prenuptial Agreement

A prenuptial agreement is a legal contract created before marriage to outline how assets, debts, and other important matters will be handled if the marriage ends. It helps both parties set clear expectations and protect their financial interests.
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Pakis, Giotes, Burleson & Deaconson, P.C.

How to Plan for Long-Term Care: Legal Considerations in Texas

Planning for long-term care is a critical step in confirming financial security, personal dignity, and quality of life as individuals age or face health challenges. In Texas, where the aging population is growing rapidly, understanding the legal considerations for long-term care planning is essential.
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Pakis, Giotes, Burleson & Deaconson, P.C.

What You Need to Know About Starting a Business in Texas

Starting a business in Texas is an exciting venture, given the state’s robust economy, business-friendly environment, and diverse market opportunities. Texas consistently ranks as one of the best states for entrepreneurship due to its low taxes, minimal regulatory burdens, and access to a large workforce.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

What Can I Do to Help My Business Survive the First Year?

If you know anything about business, then you know the first year is the hardest. Many businesses fail within the first year. There is a lot of burden placed upon you in those first 12 months as you try to build a customer base and carve a spot out for your business within the economy.
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On behalf of Pakis, Giotes, Burleson & Deaconson, P.C.

Does Texas Have Its Own Estate Tax?

A total of 12 states plus the District of Columbia have their own estate tax laws, according to the Tax Policy Center. However, Texas is not one of them.
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