Blog Posts in 2011
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Posted on Dec 29, 2011 By Malaise Law Firm
After accepting a large loan from a financial group, a builder has decided to file for Chapter 11 bankruptcy. This came as a surprise to shareholders that thought the loan would be substantial enough ...
Continue reading "Builder Proceeds with Chapter 11 Even After Getting a Loan" »
Posted on Dec 28, 2011 By Malaise Law Firm
Despite the global need for oil and petroleum, one company was forced to file for bankruptcy this month. As a result of the bankruptcy filing, its shares plummeted 45 percent when news of the ...
Continue reading "Oil Company Faces Bankruptcy" »
Posted on Dec 22, 2011 By Malaise Law Firm
In order to complete its Chapter 11 bankruptcy filing, a global brokerage firm has accepted a loan of $21 million. This money was approved for use by a bankruptcy judge this week and is expected to go ...
Continue reading "Firm Accepts Loan to Finish Bankruptcy" »
Posted on Dec 21, 2011 By Malaise Law Firm
If you think that filing for business bankruptcy is an easy process, think again. You could spend months or even years fighting just to have your case considered, and once it is approved for review, ...
Continue reading "Filing for Bankruptcy Isn't Always Easy" »
Posted on Dec 15, 2011 By Malaise Law Firm
An airplane maker is waiting anxiously for its order of 100 planes to be approved by a bankruptcy judge. Since the company that has ordered the planes is owned by a parent company that is currently ...
Continue reading "Airplane Company Waiting for Bankruptcy Judge's Decision" »
Posted on Dec 14, 2011 By Malaise Law Firm
One man, who is scheduled to be released from prison later this month, will exit only to face a possibly long bankruptcy case. The former car dealership owner instructed his lawyer to file for Chapter ...
Continue reading "Man Leaving Jail Only to Face Bankruptcy" »
Posted on Dec 8, 2011 By Malaise Law Firm
Good news for homeowners in northern Texas: foreclosure rates were the lowest they have been in three years. According to one service, the Dallas-Fort Worth area saw 56,358 foreclosures posted over ...
Continue reading "Texas Foreclosure Rates at a Low" »
Posted on Dec 7, 2011 By Malaise Law Firm
One city is fighting to file for bankruptcy, but is slowly losing the battle. Earlier this month the city council approved a measure to file for Chapter 9 bankruptcy. However, a bankruptcy judge ...
Continue reading "City Struggling to File for Bankruptcy" »
Posted on Dec 1, 2011 By Malaise Law Firm
One man hopes to fight the rising tide of foreclosures by providing much-needed services to homeowners around the country. Based out of Texas, the CEO of a financial group that pools the efforts of ...
Continue reading "CEO Hopes to Fight Foreclosures" »
Posted on Nov 30, 2011 By Malaise Law Firm
Just one bankruptcy case in Arkansas could change the future of many foreclosures in the state. The case at question revolves around a Chapter 13 bankruptcy case for a large mortgage provider. ...
Continue reading "Bankruptcy Case in Arkansas may Impact Foreclosures" »
Posted on Nov 24, 2011 By Malaise Law Firm
A three-city area in Texas is thrilled by the recent issue of one foreclosure report. Based on local data, foreclosure filings for this area have decreased. When compared to filings for the same ...
Continue reading "Foreclosures Decrease in Certain Texas Regions" »
Posted on Nov 23, 2011 By Malaise Law Firm
A power company in Houston has angered hundreds of bondholders by announcing its new plans for Chapter 11 bankruptcy this month. The parent company issued a statement earlier this month announcing its ...
Continue reading "Power Company Files for Chapter 11" »
Posted on Nov 17, 2011 By Malaise Law Firm
Are you considering filing for bankruptcy in Texas? If so, don't stop paying your creditors just yet. Even if you file for Chapter 7 bankruptcy and are successful in being approved for it, you ...
Continue reading "Don't Stop Paying Your Debt before Speaking with an Attorney" »
Posted on Nov 16, 2011 By Malaise Law Firm
Although the decline is small, bankruptcy rates are falling after years of record-breaking figures. Nationwide, bankruptcy filings have declined by 8 percent over the twelve-month period ending in ...
Continue reading "Statistics Show Decline in Bankruptcies" »
Posted on Nov 10, 2011 By Malaise Law Firm
The results of a study published by a University in Maryland may not come as a surprise to those that have recently had their property go into foreclosure. Researchers at the university found that ...
Continue reading "Foreclosure Can Lead to Poor Health" »
Posted on Nov 9, 2011 By Malaise Law Firm
Although it is rare, a debtor is allowed to pay back a debt that has been successfully discharged in a Chapter 7 bankruptcy case. Why would someone want to do this? In nearly all cases, debtors are ...
Continue reading "Chapter 7 Filers Can Pay Back Debts if They Choose" »
Posted on Nov 3, 2011 By Malaise Law Firm
A co-debtor stay is a feature of Chapter 13 bankruptcy that is sometimes also referred to as a co-debtor automatic stay. Under a co-debtor stay, anyone who has cosigned loans or in any other way ...
Continue reading "What is a Co-Debtor Stay?" »
Posted on Nov 2, 2011 By Malaise Law Firm
In Chapter 13 and Chapter 7 bankruptcy cases, credit card debts are usually the easiest debts to discharge. However, there are certain cases in which a credit card company might dispute the discharge ...
Continue reading "Bankruptcy and Credit Card Debt" »
Posted on Oct 27, 2011 By Malaise Law Firm
Did you know that you have rights as a debtor? While debt collectors are allowed to call and mail you about your debts, there are guidelines they must follow when contacting you. By law, under the ...
Continue reading "Stop Creditor Harassment by Knowing Your Rights" »
Posted on Oct 26, 2011 By Malaise Law Firm
With ski season right around the corner, one company isn't too happy about filing for Chapter 7 bankruptcy this month. The company, which owns a private golf and ski community, announced its ...
Continue reading "Resort Files for Chapter 7" »
Posted on Oct 20, 2011 By Malaise Law Firm
When a person files for Chapter 7 bankruptcy, the bankruptcy court might discharge some or even all of that person's debts. When a court discharges a debt that basically means that the debt is ...
Continue reading "Chapter 7 and Debt Discharge" »
Posted on Oct 19, 2011 By Malaise Law Firm
The process of filing for Chapter 13 bankruptcy starts with going to bankruptcy court and filing a two page form that requests financial relief under Chapter 13. This petition needs to be signed by ...
Continue reading "Quick Chapter 13 Guide" »
Posted on Oct 13, 2011 By Malaise Law Firm
Despite a recent drop in bankruptcy filings, several consumer advocacy groups warn that this is not necessarily a sign of a renewed economy. Instead, these groups believe that Americans are less ...
Continue reading "Some Say Drop in Bankruptcies Does Not Mean Economy is Improving" »
Posted on Oct 12, 2011 By Malaise Law Firm
The drawn-out battle over the fate of a popular baseball team continues to make headlines as the defense continues to be denied its requests. The legal team for the man who currently owns the team ...
Continue reading "Battle Over Baseball Team Continues" »
Posted on Oct 6, 2011 By Malaise Law Firm
Another solar panel company has filed for bankruptcy this year following several years of disappointing returns and global competition. The Scottsdale-based manufacturer was forced to file for Chapter ...
Continue reading "Solar Panel Company Opts for Chapter 11" »
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