It never hurts to learn about the laws behind debt-related issues and how they affect you. We write our articles keeping your most important questions in mind and hope you will find their content useful in your quest for financial independence. Read about Chapter 13 bankruptcy and credit card debt relief in Texas here.
- Page 6
-
Houston Bankruptcy Judge Bohm rules that I.R.A. distribution during a bankruptcy not exempt under Texas law, if not rolled over within 60 days. In re Hawk; Houston Bankruptcy Judge Bohm rules that I.R.A. distributions can be reached during a bankruptcy if debtor claims exempt under Texas law and doesn't roll it over within 60 days -
Try to hold onto too big a house, not paying creditors, can lead to dismissal of your Houston chapter 7 bankruptcy case, based on "totality of circumstances." In re Hayes, US BK Court, SD Texas 2015 Judge Letitia Paul dismissed a Houston chapter 7 case based on the "totality of circumstances" test contained in 11 USC Sec. 707(b)(3); big house was factor -
Monthly mortgage statements sent to former debtor on discharged mortgage loan violate discharge injunction, says Houston bankruptcy judge Hernandez v. Caliber Home Loans; Houston bankruptcy court rules monthly mortgage statements of discharged home loan violate discharge injunction -
Houston bankruptcy court avoids judgment lien against the debtor's Texas homestead under 11 USC Section 522(f), In re Brown Houston Chapter 7 debtor may avoid or cancel judgment lien against Texas homestead under Section 522(f) of the Bankruptcy Code. In re Brown, US Bankruptcy Court SD Texas 2014 -
Houston bankruptcy court: attorney fees of ex-spouse cannot be discharged in bankruptcy, are domestic support obligation and therefore priority claim in bankruptcy In re Beacham, US Bankruptcy Court, Southern District of Texas, Houston Division. Attorney fees of ex-spouse cannot be discharged in bankruptcy, are domestic support obligation. -
9th Circuit rules that to except income taxes from discharge for willful attempt to evade or defeat tax, IRS must show specific intent, not just overspending Hawkins v FTB, Income taxes discharged unless specific intent to willfully evade or defeat the tax, says 9th Circuit -
5th Circuit finds "transfer" occurred when receivership order served on bank. Receiver must return money to bankruptcy trustee. Matter of Poston, 5th Circuit 2014. Turnover receiver must return preference from judgment-debtor's bank account. Transfer was when certified copy served on bank. -
Houston bankruptcy court orders Houston Collie Rescue to remove all collie dogs from possession of the debtor, strikes Schedule C as "product of fraud" Houston Bankruptcy Court order, ordering removal of all collie dogs from Elaine Kmiec and converting case to chapter 7 -
5th Circuit Court of Appeals finds $341,000 defamation judgment not discharged by bankruptcy of defendant Texas judgment for $341,000 for defamation found to not be discharged in bankruptcy as "willful and malicious injury, says 5th Circuit. McClendon v Springfield, 5th Cir. 2014 -
Sell Texas homestead while in chapter 7 bankruptcy and using Texas exemptions, must reinvest the proceeds in new homestead within 6 months, or risk losing the proceeds to the Chapter 7 Trustee. Cage v Smith, US BK Court, SD Texas 2014. Cage v. Smith case by Chief U.S. Bankruptcy Judge Jeff Bohm; Sell Texas homestead while in chapter 7, may lose proceeds. Bankruptcy must be closed before safe to sell home without reinvesting. -
August 2014 Client Bulletin - 11th Circuit Rules Debt Buyers that file time-barred proofs of claim violate FDCPA & Attorney Alex Higginbotham married Jennifer Vaughn! August 2014 Client Bulletin - 11th Circuit Rules Debt Buyers that file time-barred proofs of claim violate FDCPA -
Houston Appeals Court: judicial estoppel bars lawsuit if not disclosed in prior chapter 13 bankruptcy; Thomas v. Ginter, Texas Court of Appeals, 1st District, Houston 2014 Thomas v. Ginter, Texas Court of Appeals, 1st District, Houston 2014: judicial estoppel bars suit if not disclosed in prior chapter 13 bankruptcy -
Thomas v Ginter - Judicial Estoppel bars suit if no disclosure in bankruptcy Thomas v Ginter Tex Ct Appeals Houston 2014 - Judicial Estoppel bars suit if didn't disclose it in chapter 13 bankruptcy