Record Credit Card Debt Hits $1.14 Trillion According to data released on Tuesday by the Federal Reserve Bank of New York, U.S. credit card debt has surged to an unprecedented $1.14 trillion. This marks an increase of $27 billion from the $1.13 trillion reported in the second quarter of … [Read more...]
Can I Keep My Paid Off Car in Chapter 7?
“Ever since I lost my business during the pandemic and feared I’d be going down this bankruptcy road, the one thing, of all things, I was worried about was some creditor coming for my car,” Dale told his friend Ernie. “I get it, there’s something about a man’s car that makes it more important than … [Read more...]
Billy Ray and Firerose Cyrus’s Marriage Officially Over | Warren & Migliaccio
Billy Ray and Firerose Cyrus's marriage has ended, three months after the country singer filed for divorce from his Australian wife, citing 'irreconcilable differences.' After a bitter and public breakup, during which both accused each other of verbal and emotional abuse, court documents signed … [Read more...]
China Evergrande’s EV arm units to enter bankruptcy, reorganization proceedings | Warren & Migliaccio
Subsidiaries to Undergo Bankruptcy and Reorganization On Monday, China Evergrande's electric vehicle division reported that a Chinese court has mandated the bankruptcy and reorganization of two of its subsidiaries. This announcement led to a significant drop in the EV group's shares, which fell by … [Read more...]
How Much Debt Do I Have to Repay When I File for Chapter 13 Bankruptcy?
When you're facing overwhelming debt, the prospect of filing for bankruptcy can seem like a daunting decision. However, understanding how Chapter 13 bankruptcy works—and how much debt you'll actually have to repay—can provide some clarity and relief. As an attorney with years of experience guiding … [Read more...]
Filing Chapter 7: What Happens to My Cosigner?
Facing Chapter 7 bankruptcy is tough, not just for you but also for those tied to your financial journey. One critical concern many have is what happens to my cosigner if I file chapter 7. In this piece, we're setting out to help you understand Chapter 7 bankruptcy and its impact on your cosigners, … [Read more...]
How Two Non-Bankruptcy Attys Won A Rare Ch. 7 Jury Trial | Warren & Migliaccio
A pair of Boston-based attorneys from Davis Malm, Christopher Marino and Gary Matsko, achieved a rare victory in a bankruptcy-related jury trial. Despite not specializing in bankruptcy law, they successfully defended Arthur Demoulas, a majority shareholder in W.J. Bradley Mortgage Capital LLC, … [Read more...]
Applications Open for PACER User Group | Warren & Migliaccio
Federal Judiciary Seeks Applicants for EPA Public User Group The federal Judiciary is inviting applications for its EPA Public User Group, which advises on enhancing electronic public access (EPA) services. This group comprises up to 12 members from diverse sectors, including legal, commercial, … [Read more...]
Common mistakes couples make when managing their marital separation | Warren & Migliaccio
The Complexities of Marriage and Separation Marriage is a beautiful journey that demands hard work, dedication, and perseverance. However, when couples decide to end their marriage, they often face difficulties managing the impact on themselves and their loved ones, especially their … [Read more...]
Examining 2023 Divorce Rates In Texas
The dissolution of marriage is a significant and often emotionally charged event in the lives of many individuals. In Texas, as in other states, understanding the divorce rates, trends and statistics can provide valuable insights for individuals navigating their own marital challenges. As we … [Read more...]
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