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...]
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...]
Giuliani Seeks to Alter Bankruptcy to Speed Asset Sale but Keep Future Income | Warren & Migliaccio
Rudolph W. Giuliani told a bankruptcy court on Monday that he would like to have his assets sold to pay his creditors, including two Georgia election workers he defamed in his efforts to keep former President Donald J. Trump in office after the 2020 election. Mr. Giuliani asked the bankruptcy … [Read more...]
Chicken Soup for the Soul Entertainment Files Chapter 11 | Warren & Migliaccio
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...]
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...]
What You Should Know Before Filing Chapter 7
Chapter 7 bankruptcy filings in Texas may seem like the way to get out of financial trouble. However, even with Texas bankruptcy exemptions and the help of a Dallas bankruptcy attorney, you may be confused about whether Chapter 7 is right for you. When considering bankruptcy filings in Texas as an … [Read more...]
Avoiding Car Repossession in Chapter 7 Bankruptcy
When looking into the option of filing a Chapter 7 bankruptcy, one of the primary concerns for many is how to avoid car repossession. Most people realize the need to retain their vehicle and continue making payments on it. While you could surrender your vehicle if you choose, doing so may wind up … [Read more...]
Chapter 7: Buy Some Time with Foreclosure in Texas
When you make the decision to file for Chapter 7 bankruptcy with foreclosure on the horizon, a bankruptcy court will issue an “automatic stay.” This integral part of bankruptcy cases will inform your creditors that they must immediately stop any attempts to collect debt. This will buy you some time … [Read more...]
What to Expect After Chapter 7 Bankruptcy Filings in Texas
Once you’ve gone through Chapter 7 bankruptcy filings in Texas, you may have questions about what to expect in life after filing. While you may have been able to take advantage of some Texas bankruptcy exemptions, you will be starting your financial life over. A Dallas bankruptcy attorney can help … [Read more...]
5 Reasons to File Chapter 7 Bankruptcy
There are numerous potential reasons to file Chapter 7 bankruptcy, and usually there are several combined factors that lead someone to make that decision. Nobody wishes for financial hardships; but unfortunately, hard times and difficult circumstances force many Americans to seek solutions such as … [Read more...]
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