Having your Chapter 7 bankruptcy dismissed can be unsettling, especially when you're already dealing with financial strain. Many individuals considering Chapter 7 bankruptcy in Texas wonder about the potential consequences and their next steps. Understanding why it was dismissed and the implications … [Read more...]
Protecting Disability Benefits in Chapter 7 Bankruptcy: A Texas Guide
Have you ever found yourself in the midst of a financial storm, hoping and praying for a life raft? Yes, we’re talking about the perfect storm–bankruptcy. Going through a bankruptcy might feel like you’re stranded in open seas amidst a never-ending storm that threatens to put you—and all your … [Read more...]
Separated and Husband Filed Chapter 7: What’s Next?
As an attorney specializing in both family law and bankruptcy, I often encounter cases where financial issues intersect with marital problems. Elise had already let me know she was separated from her husband and might need representation if they were to decide to formally get divorced. Then an even … [Read more...]
Do I Have to Go to Court for Chapter 7? Key Insights
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...]
How Much Debt Do You Need to File Chapter 7 Bankruptcy?
Bankruptcy is a major financial decision that can provide relief from overwhelming debt. But it's not a choice to make lightly. Knowing the right time to file for bankruptcy is important. This helps ensure it works as intended and doesn't cause more problems. At Warren & Migliaccio, we … [Read more...]
Can I Keep My Paid Off Car in Chapter 7?
"Ever since I lost my business during the pandemic, I’ve feared going down the road to bankruptcy. Of all the things I worried about, the one that kept troubling me most was a 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 … [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...]
Do I Need My Co-Parent’s Permission to Travel Abroad With My Child? | Warren & Migliaccio
Are you planning an exciting vacation abroad with your child? Do you need permission from your co-parent? There are many ins and outs regarding international travel with children. As parents, we worry about many things, from ensuring all luggage arrives to what if my child gets sick and needs to see … [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 … [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?
Yes, SBA loans can sometimes be discharged in bankruptcy, but it depends on whether the debt is secured, whether you signed a personal guarantee, what collateral is tied to the loan, and whether there was any fraud or misuse of funds. For many business owners, the key issue is not just the loan … [Read more...]
Online Romance Scams and How Bankruptcy Can Help
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. There has been an upsurge of online romance scams over the past few years. A … [Read more...]
Bankruptcy: Does Declaring This Discharge Credit Card Debt in Texas?
For consumers who are looking for debt relief, filing for bankruptcy could be the best way to discharge credit card debt and start over with a clean slate. When considering filing for bankruptcy, consumers should decide which type to file based on their specific situation. This article looks at the … [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...]
The Brunner Test for Student Loans: What Texas Bankruptcy Law Requires
In Texas and most federal courts, the Brunner test is the three-part standard bankruptcy courts use to decide whether repaying covered student loans would cause "undue hardship" under 11 U.S.C. § 523(a)(8). Established in Brunner v. New York State Higher Education Services Corp., 831 F.2d 395 (2d … [Read more...]
Declaring Chapter 13 Bankruptcy: Pros & Cons
Chapter 13 bankruptcy lets Texas wage earners keep their home and car while repaying debts over three to five years through a court-approved plan. The main advantages: asset protection and the automatic stay. The main drawbacks: lengthy commitment, strict budget, and less than half of filers … [Read more...]
