DallasBankruptcyLawyer.com

DallasBankruptcyLawyer.com Retired bankruptcy lawyer.

It amazes me how much effort some attorneys put into destroying their careers.
12/27/2021

It amazes me how much effort some attorneys put into destroying their careers.

The U.S. District Court for the Southern District of California has issued an opinion regarding a five-year suspension from local bankruptcy practice of an attorney whose legal assistant was the transferee in a blatant fraudulent transfer.

We noticed.
12/27/2021

We noticed.

There will be around 400,000 total bankruptcy filings in 2021. That figure is historically low. The table to the right shows annual filing figures since 2010, which was the post-2005 peak. The 400,000 filings this year is a 75% reduction...

Obscure celebs with bankruptcy connections.
11/23/2021

Obscure celebs with bankruptcy connections.

Stark lost his license to own and exhibit animals in 2020.

We noticed.
11/15/2021

We noticed.

Personal and business bankruptcy filings fell 29.1 percent for the 12-month period ending Sept. 30, 2021. A steady decline in filings has continued since the coronavirus (COVID-19) crisis began.

Proposal for additional uncompensated duties for Trustees.
10/20/2021

Proposal for additional uncompensated duties for Trustees.

A federal judicial panel is proposing requiring bankruptcy trustees to take additional steps to locate creditors before turning over funds to the courts as the amount of unclaimed money sitting with the judiciary grows to $404.4 million.

If bankruptcy was good enough for Rembrandt in 1656, why not you? (But there is also a good reminder about the problem o...
10/11/2021

If bankruptcy was good enough for Rembrandt in 1656, why not you? (But there is also a good reminder about the problem of making gifts to family members immediately prior to bankruptcy).

A blog about bankruptcy cases and commentary of interest to insolvency professionals in Texas and beyond

Sometimes, we can’t stop creditors in “foreign jurisdictions” from calling you. But, likewise, there is very little they...
10/09/2021

Sometimes, we can’t stop creditors in “foreign jurisdictions” from calling you. But, likewise, there is very little they can do to you after bankruptcy since they can’t use US Courts to sue you.

Lawyers for the tribe argue that the normal rules of bankruptcy court don't apply to it.

Fair summary of the current commercial bankruptcy landscape, but there is no indication that anything is about to change...
09/20/2021

Fair summary of the current commercial bankruptcy landscape, but there is no indication that anything is about to change.

New commercial bankruptcy filings have continued to fall throughout 2021, but experts say the favorable conditions that have allowed businesses to stave off Chapter 11 for the time being won’t last forever as the consequences of questionable deals and underlying operational problems come to the fo...

Flat at a very low level.
09/13/2021

Flat at a very low level.

August 2021 was flat with 32,225 new bankruptcy filings across all chapters, down slightly from July 2021 with 32,391.

Two related North Texas hotel entities filed for Chapter 11 on Monday in the Eastern District of Texas in Sherman.
09/01/2021

Two related North Texas hotel entities filed for Chapter 11 on Monday in the Eastern District of Texas in Sherman.

Two related North Texas hotel entities filed for Chapter 11 on Monday in the Eastern District of Texas in Sherman, seeking bankruptcy protection after weathering the pandemic-induced plunge in occupancy and travel.

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