Sarah let out a frustrated sigh as she read the email. "Well, it's official — my 341 meeting with the bankruptcy trustee is scheduled for next week." "Oh man, do you have to actually go to the courthouse for that?" Emily asked with a concerned look. Sarah shook her head. "Thankfully, no. Since … [Read more...]
Can I Get a HELOC After Chapter 7 Discharge?
As a bankruptcy attorney here in Texas, it’s common for my clients to reach out to me soon after the dust has settled from their Chapter 7 bankruptcy cases. One afternoon, I received a call from Leon, a client I represented in his Chapter 7 bankruptcy case just six months earlier. “Hey, Chris,” … [Read more...]
Chapter 7 Bankruptcy & Unemployment Overpayment in Texas
Navigating Chapter 7 can be challenging, especially with debts from unemployment insurance overpayments. I recently helped my client Ron through this situation. Ron called me with his problem: “Chris, I need your help. I’ve been overpaid on my unemployment insurance, and now I owe a significant … [Read more...]
What Is A Reaffirmation Agreement In A Chapter 7 Bankruptcy?
Filing for Chapter 7 bankruptcy can be a difficult decision. It’s important to understand the ins and outs of the process and what it means for your financial future. One of those considerations is what is a reaffirmation agreement in a chapter 7 bankruptcy? In a Chapter 7 bankruptcy, a … [Read more...]
What is the Income Cut Off for Chapter 7
Overwhelmed with debts? Financial stress can get extremely challenging. But there is a legal process to save you from all the struggle! Filing for Chapter 7 bankruptcy is one of the most common options to wipe off all your unsecured debts, including your personal debt, medical expenses, and … [Read more...]
Dallas Mavericks Opt Out of Bally Sports Southwest, Highlighting Bankruptcy’s Impact on Broadcasts | Warren & Migliaccio
The Dallas Mavericks are turning to a new provider for broadcasting their games this season, largely due to complications arising from bankruptcy proceedings. Mavericks Games Won’t Air on Bally Sports Southwest This season, the Dallas Mavericks' games will not be broadcast on Bally Sports Southwest, … [Read more...]
Second Circuit Upholds $2.5 Million Chapter 7 Bankruptcy Settlement Amid Creditor Dispute| Warren & Migliaccio
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...]
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...]
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...]
LL Flooring Files for Chapter 11 Bankruptcy, Announces Closure of 94 Stores Across 30 States | Warren & Migliaccio
LL Flooring, formerly known as Lumber Liquidators, has filed for Chapter 11 bankruptcy and announced the closure of 94 stores across more than 30 states, including Texas. According to filings made in Delaware bankruptcy court on Sunday, the company is grappling with nearly $110 million in long-term … [Read more...]
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