A New York Bankruptcy Court Correctly Refused to Overturn the Approval of a $2.5 Million Settlement A New York bankruptcy court correctly refused to overturn the approval of a $2.5 million settlement in the bankruptcy of a founder of defunct hedge fund Platinum Partners, the Second Circuit ruled … [Read more...]
How Grandparents Can Use 529 Plans to Support Their Grandchildren’s Education | Warren & Migliaccio
The Cycle Continues Your adult children — one of the first generations to benefit from Section 529 plans — are saving for their kids’ college educations through 529 accounts of their own. Did you know that parents aren’t the only ones who can establish 529 plan accounts? As a grandparent, you can … [Read more...]
Bobby McCray Files for Divorce from Khadijah Haqq After 13 Years of Marriage – Warren & Migliaccio
Super Bowl champion Bobby McCray has officially filed for divorce from his wife, Khadijah Haqq, after 13 years of marriage. The couple, who agreed to separate last year, has now taken the formal step, with McCray filing the divorce papers on Friday. Separation Date and Reason for Divorce According … [Read more...]
Ch. 7 Trustee Can’t Recover Tax Payment, States Tell Justices | Warren & Migliaccio
States Support Federal Government in IRS Tax Payment Case A coalition of 22 states and the District of Columbia has aligned with the federal government in appealing to the U.S. Supreme Court to overturn a ruling that mandated the IRS return a tax payment. This arose when a bankruptcy trustee deemed … [Read more...]
How Does Filing for Bankruptcy Affect Your Credit Score?
Filing for bankruptcy is a significant financial decision, one that comes with both immediate relief and long-term consequences, particularly concerning your credit score. As an attorney who has guided thousands of clients through Chapter 7 and Chapter 13 bankruptcies, I understand the anxiety and … [Read more...]
AllHere Education Inc. Files for Chapter 7 Bankruptcy Amid – | Warren & Migliaccio
Boston-Based Harvard Innovation Labs Venture Cites Financial Woes AllHere Education Inc., a Boston-based Harvard Innovation Labs venture, has filed for Chapter 7 liquidation in Delaware, citing financial difficulties and concerns about the privacy of students' data. The company, which provided … [Read more...]
When Does Trying to Collect a Debt Become a Crime?
Debt collection is a legitimate activity that allows creditors to recover money owed to them, but there are strict legal boundaries that debt collectors must follow. When these boundaries are crossed, particularly in Texas, the act of trying to collect a debt can shift from being lawful to criminal. … [Read more...]
What to Do if Sued by Accelerated Inventory Management LLC in Texas
Receiving a lawsuit notice can be a daunting experience, especially when it concerns debt collection. If you are in this situation, you may feel overwhelmed, stressed, and unsure of where to turn. You may also not recognize Accelerated Inventory Management LLC and think it is a scam. However, you … [Read more...]
How to Create a Power of Attorney: A Comprehensive Guide
Planning a future where you might not be able to make decisions for yourself isn't easy. But creating a power of attorney is a crucial step in protecting your interests and ensuring your wishes are carried out. Let's explore how to create a power of attorney, a legal document that can give you peace … [Read more...]
How to Create a Power of Attorney: A Simple Guide
How to create a power of attorney is a common question people have, but it's one they might be a bit sheepish to ask. This legally binding document is sometimes misunderstood, even among the more sophisticated. However, grasping the basics is crucial, whether you’re planning for the future or facing … [Read more...]
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