Blog Posts in 2012
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Posted on May 17, 2012 By Houston Bankruptcy Lawyer
After a lull in foreclosure filings during 2011, initial reports show that market forecasts are starting to come true. Those financial experts who predicted that the foreclosure lull would be ...
Continue reading "Foreclosure Lull Temporary Say Experts" »
Posted on May 16, 2012 By Houston Bankruptcy Lawyer
One company has hopes of being rescued from bankruptcy if one important deal goes through. Earlier in 2012, Dippin' Dots announced its bankruptcy plans after years of declining profits. Curt ...
Continue reading "Dippin' Dots May Be Rescued from Bankruptcy" »
Posted on May 10, 2012 By Houston Bankruptcy Lawyer
After tough economic times, some states are noticing a decrease in foreclosures . For example, in the state of Colorado, both foreclosure filing and auctions have decreased during the first four ...
Continue reading "Some States Seeing Decrease in Foreclosure Filings and Auctions" »
Posted on May 9, 2012 By Houston Bankruptcy Lawyer
Are you constantly receiving calls from your creditors? Have you asked your creditors and bill collectors to stop calling and/or contacting you only to be ignored? If you find that you are currently ...
Continue reading "Stop Creditor Abuse with Help from Our Firm" »
Posted on May 3, 2012 By Houston Bankruptcy Lawyer
A well-known Las Vegas developer has been forced to file for Chapter 7 bankruptcy . After years of losses due to a flagging economy, Bill Plise is now seeking bankruptcy protection as a way to tackle ...
Continue reading "Las Vegas Developer Forced to File for Chapter 7" »
Posted on May 2, 2012 By Houston Bankruptcy Lawyer
News sources say that the employees of a bankrupt airline company are concerned about the future of their employment. Hundreds of workers protested in front of a New York Bankruptcy Court where the ...
Continue reading "Employees Concerned Over American Airlines Bankruptcy" »
Posted on Apr 26, 2012 By Houston Bankruptcy Lawyer
According to RealtyTrac, a company that monitors the housing market, foreclosures are on the decline. Figures reported for the first quarter of this year are at their lowest since the housing market ...
Continue reading "Statistics Show Foreclosures Were Declining First Quarter" »
Posted on Apr 25, 2012 By Houston Bankruptcy Lawyer
A former professional football player announced his decision to file for bankruptcy last week. Warren Sapp blames a bad construction deal for sending him spiraling into deep debt last year. Although ...
Continue reading "Warren Sapp in the News for Chapter 7 Bankruptcy" »
Posted on Apr 19, 2012 By Houston Bankruptcy Lawyer
One of the oldest photography companies was forced to file for bankruptcy earlier this year. In order to keep the company afloat once the bankruptcy has been finalized, Eastman Kodak Co. is trying to ...
Continue reading "Kodak Still Sorting Through Bankruptcy Terms" »
Posted on Apr 18, 2012 By Houston Bankruptcy Lawyer
Are you considering filing for bankruptcy but are worried about what will happen afterward? Know that there is good news for those people who successfully complete the terms of their bankruptcy. Once ...
Continue reading "Your Life Post Bankruptcy" »
Posted on Apr 12, 2012 By Houston Bankruptcy Lawyer
The family home of a reality TV star went into foreclosure this month. The house, featured on an episode of “The Hills,” was owned by the father and stepmother of Kristin Cavallari. It ...
Continue reading "Kristin Cavallari's Family Home in Foreclosure" »
Posted on Apr 11, 2012 By Houston Bankruptcy Lawyer
Filing for bankruptcy does not mean that a company will see a decline in its losses. As one airline company has proven, you can continue to hemorrhage money even while under Chapter 11 bankruptcy . ...
Continue reading "American Airlines Still Losing Money Despite Chapter 11" »
Posted on Apr 5, 2012 By Houston Bankruptcy Lawyer
Experts watching the real estate market in Texas have a tentative hope that foreclosures will keep declining. Based on a report released last week, foreclosures declined 22% from the same period last ...
Continue reading "Experts Hope Foreclosures will Continue to Decline" »
Posted on Apr 4, 2012 By Houston Bankruptcy Lawyer
Another Texas-based corporation is working hard to exit bankruptcy protection. Its attorneys' latest decision has been to sell off the business' subsidiaries in order to settle just a portion ...
Continue reading "Corporation in Texas Working Hard to Exit Bankruptcy" »
Posted on Mar 29, 2012 By Houston Bankruptcy Lawyer
Individuals that are considering bankruptcy generally file under one of two types: Chapter 7 bankruptcy or Chapter 13 bankruptcy . These types of bankruptcy offer different advantages and each one has ...
Continue reading "Choosing Chapter 7 or Chapter 13" »
Posted on Mar 28, 2012 By Houston Bankruptcy Lawyer
One of the largest corporations to file for bankruptcy has finally emerged from its reorganization plan. WM Inc. filed for bankruptcy after the financial crisis of 2008 but is now reportedly stronger ...
Continue reading "Company Emerges from Chapter 11 Stronger" »
Posted on Mar 22, 2012 By San Antonio Bankruptcy Lawyer
If you are considering filing for bankruptcy in order to eliminate overdue child support payments, think again. Under Federal Bankruptcy Code 11 USC § 523, "domestic support ...
Continue reading "Bankruptcy And Your Support Obligations" »
Posted on Mar 21, 2012 By Houston Bankruptcy Lawyer
A once popular national grocery store chain has recently emerged from bankruptcy protection. It will now operate as a private company and will work on maintaining its remaining stores. Once known as ...
Continue reading "Grocery Store Chain Emerges From Bankruptcy Strong" »
Posted on Mar 15, 2012 By Houston Bankruptcy Lawyer
The difficult economy has affected everyone from individuals to corporations, including nonprofit organizations. One such organization has been forced to file for Chapter 7 bankruptcy in Virginia. ...
Continue reading "State Fair Has Bankruptcy Case Converted" »
Posted on Mar 14, 2012 By Houston Bankruptcy Lawyer
States across the nation are slowly starting to see an improvement in their local economies. In fact, Texas has seen economic improvement since December and this trend is supposed to continue say ...
Continue reading "Texas Economy Seems to be Improving" »
Posted on Mar 8, 2012 By Houston Bankruptcy Lawyer
The organizers of an annual indie music festival have been forced to file for bankruptcy. After the Los Angeles Sunset Junction Festival was cancelled last year, the organizers found themselves ...
Continue reading "Sunset Junction Music Festival Files for Chapter 7" »
Posted on Mar 7, 2012 By Houston Bankruptcy Lawyer
When the recession hit, developers across the country scrambled to secure funds for existing projects. In many cases, these projects were abandoned due to the unavailability of funds to finish ...
Continue reading "Local Developer Files for Bankruptcy Protection" »
Posted on Mar 1, 2012 By Houston Bankruptcy Lawyer
In an attempt to keep homeowners in their properties, the federal government is working with the state government of Texas. A deal has been brokered that could bring in $287 million to the state of ...
Continue reading "Banks in Texas Providing Funding to Reduce Foreclosures" »
Posted on Feb 29, 2012 By Houston Bankruptcy Lawyer
When the nation plunged into a deep recession, many people were forced to cut back on their philanthropic donations. As a result, museums like the U.S. National Slavery Museum found themselves in ...
Continue reading "National Museum Pursues Bankruptcy" »
Posted on Feb 23, 2012 By Houston Bankruptcy Lawyer
Actor Gary Busey was forced to file for Chapter 7 bankruptcy earlier this month. The actor filed for bankruptcy in California listing $50,000 to $1 million in debt and has assets of less than $50,000. ...
Continue reading "Actor Gary Busey Files for Chapter 7 in California" »
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