NEW YORK — Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection. The bankruptcy filing comes after months of a series of financial struggles for the company and piling unpaid bills. Chicken Soup for the Soul has … [Read more...]
Purdue Opioid Settlement on Verge of Collapse After Supreme Court Ruling | Warren & Migliaccio
After the Supreme Court struck down a controversial bankruptcy plan from Purdue Pharma, the maker of OxyContin, those who sued the drug company were left uncertain about when promised funds would be available to combat addiction and other damage from the ongoing drug epidemic. The ruling upended a … [Read more...]
Supreme Court Jeopardizes Purdue Pharma Deal, Rejecting Protections for Sacklers | Warren & Migliaccio
WASHINGTON — The Supreme Court said Thursday that members of the Sackler family cannot be shielded from liability for civil claims related to the opioid epidemic, jeopardizing a bankruptcy plan that would have offered such protection in exchange for channeling billions of dollars toward addressing … [Read more...]
No Funds Available for Additional Chapter 7 Trustee Payments | Warren & Migliaccio
The Department of Justice (DOJ) has advised the Administrative Office of the U.S. Courts that it has no funds available to transfer to the Judiciary to make additional payments to eligible chapter 7 bankruptcy trustees for fiscal year 2023. Trustees interested in receiving the additional payments … [Read more...]
12 Non-Dischargeable Debts in Bankruptcy You Need to Know
As a bankruptcy attorney here in Dallas, I often get emails like the one I got from Dennis with a subject line: "Can Filing for Bankruptcy Help?" Dennis's Story Dennis and his wife had lived comfortably for many years until a medical emergency wiped out their savings. Then a downturn in the … [Read more...]
Chapter 7 Means Test Calculator Online: A Guide to Financial Relief
As an attorney focused on consumer bankruptcy law, I recently had an encounter with a single mother struggling to make ends meet. Let's call her Sarah for story purposes even though that’s not her real name. Juggling multiple jobs to support her two young children, Sarah found herself drowning in … [Read more...]
Explore Your Options: Can SBA Loans Be Discharged in Bankruptcy?
Feeling a bit tangled up in the SBA loan web? Totally get it. Now, you might be wondering, "Can SBA loans be discharged in bankruptcy?" It's like trying to navigate a maze blindfolded. But hey, good news — we're Warren & Migliaccio, your legal GPS through this chaos. Let's unravel this together. … [Read more...]
Discuss your Estate Plan during the Holidays Together | Warren & Migliaccio
The Holidays bring us all together, perhaps more than any other part of the year. We find it can be useful to have a conversation with your family about estate planning over the Winter holiday season, but it’s important to approach the topic with sensitivity and understanding. Estate planning can be … [Read more...]
6 Types of Bankruptcy and How You Can Cope With Each
The B-Word Regardless of scale and industry, there is one b-word that no company doesn't want to be associated with. Bankruptcy is an experience that leaves businesses trauma on multiple levels. All of a sudden, uncertainty becomes the norm. Workers are thrust into unemployment, unsure if they … [Read more...]
Online Romance Scams and How Bankruptcy Can Help
Online Romance Scams - Use Bankruptcy to Protect Yourself from Financial Ruin Many people turn to social media or dating sites to meet their potential partners due to the convenience these platforms offer. For some, the worst happens when scammers trick them into sending their hard-earned cash. … [Read more...]
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