Texas News about Debt and Financial Issues
We have created this collection of news stories that relate to Texas bankruptcy and debt relief. By reading the stories of other people just like you, we hope you may find some solutions to your problems and peace of mind in knowing that you are not alone. Learn more about student loans and IRS debt discharges here.
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U.S Supreme Court: Bankruptcy courts cannot surcharge exempt property The U.S. Supreme Court, in the decision of Law v. Siegel, Chapter 7 Trustee, found that a bankruptcy court cannot use a surcharge against exempt property
Supreme Court Decides Meaning of Defalcation For Bankruptcy Discharge Purposes - Bullock v. Bankchampaign, N.A. Defalcation in the Bankruptcy Code includes a culpable state of mind requirement involving knowledge or gross recklessness with respect to, the improper nature