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...]
The differences between Personal and Business bankruptcy
The Crossroads of Financial Distress: Navigating Personal and Business Bankruptcy in Texas Financial hardship can strike at any time, impacting both individuals and business entities. When faced with overwhelming debt, navigating the complexities of bankruptcy can seem like a daunting prospect. In … [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...]
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...]
Chapter 7 Pros and Cons: Weigh Your Options Carefully
In my role as a bankruptcy attorney here in Texas, I've helped many individuals dig out from under soul crushing debt. Each client brought a unique story and set of circumstances to the table but many of them also shared similar struggles and fears. Please allow me to tell you about Mr. Whirley. … [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...]
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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