Filing bankruptcy affects your taxes in three main ways: in Chapter 7, you usually must give the trustee your most recent filed federal return or transcript at least 7 days before the first § 341 meeting, and in Chapter 13, you must file required prepetition returns for the prior 4 tax years not later than… Read More
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Cash Advances and Bankruptcy: 70-Day Rule in Texas
Cash advances are generally dischargeable in bankruptcy, but federal law creates a rebuttable presumption that aggregate cash advances over $1,250 taken within 70 days before filing are nondischargeable when they are extensions of consumer credit under an open-end credit plan. 11 U.S.C. § 523(a)(2)(C)(i)(II). Warren & Migliaccio, L.L.P. has guided Texas families through Chapter 7… Read More
When Child Runs Away to Non-Custodial Parent in Texas
A child who runs away to the non-custodial parent in Texas does not change the custody order by walking through the door. The existing order controls until a court says otherwise. The next 24 hours decide whether the situation stays protective or becomes legal exposure for the receiving parent. Quick Answer: What to Do in… Read More
