A Farmers Branch, Texas-based chiropractic center working on groundbreaking brain trauma treatments has declared bankruptcy and closed its doors. The company, Cerebrum Health Centers was once a darling of numerous Texas investors and Governor Rick Perry alike. The company, formally known as Carrick Brain Centers, was even given research funding to the tune of $2  … Read more

Whether you can keep the money you haven’t received yet, but are likely to depend on which state that you live in. Since the personal injury happened before filing bankruptcy, any settlement received becomes part of your bankruptcy estate. How much you are allowed to keep depends on the exemptions available to you in the  … Read more

A representative of the 46th Assembly District in Brooklyn has been indicted on bankruptcy fraud charges in addition to allegedly stealing thousands of dollars from government agencies and a host of additional charges. The 11 count indictment that was unsealed in federal court in Brooklyn on Tuesday, January 9th included two counts of wire fraud,  … Read more

As retail clothing stores continue to drop like flies amid increased competition from discount retailers and e-commerce companies, A’Gaci filed for Chapter 11 bankruptcy reorganization in the U.S. Bankruptcy Court for the Western District of Texas this week. A’gaci is a San Antonio-based women’s apparel and accessory retailer Chapter 11 Reorganization Bankruptcy Chapter 11 reorganization  … Read more

On October 5th, 2017, The Bureau of Consumer Financial Protection issued new rules to help further protect consumers from payday loans, title loans, and other similar types of high-cost installment loans. These measures are aimed at preventing individuals who are struggling with debt to become even more weighted down with the astronomical costs that these  … Read more

In recent business news, US Bankruptcy judge Martin Glenn of the Southern District of New York, approved an involuntary bankruptcy petition last week against Billy McFarland and the company he started called Fyre Fest LLC. This move will force the company to file Chapter 7 bankruptcy in order to satisfy the company’s investors, John Newman  … Read more

Scam artists target many different segments of our society and students struggling with debt is no exception. While student debt relief has been a long time hunting ground for individuals to victimize people, with student loan debt in America reaching an all-time high of $1.4 trillion, it seems that more financial scams are arising than  … Read more

iHeartMedia Inc. is a mass media company headquartered in San Antonio, Texas and was founded in 2008. The company’s main offering includes radio broadcasting services and owns more than 850 full power radio stations throughout the US, making it the nation’s largest radio station owner. The company also offers outdoor advertising through its subsidiary Clear  … Read more

July 13, 2017 marked a sad day in the wedding business, as Alfred Angelo Bridal, one of the world’s largest manufacturers and retailers of wedding dressed filed for Chapter 7 bankruptcy liquidation and immediately closed all of its stores. The Florida based company included a national chain of 60 of its own stores and 1,400  … Read more

A Springfield Illinois Man, Mark A. McFarland, 58, plead guilty in February of this year to two counts of bankruptcy fraud in U.S. District Court in East St. Louis. Mr. McFarland, who has filed bankruptcy 10 times over the period of just five years learned his fate this week (of which 9 were dismissed due  … Read more