The Container Store, a Northwest Dallas, TX-based specialty Retail Company has averted a Texas bankruptcy this month in what financial experts are calling a rare comeback. The company was able to cut borrowing costs and extend a term loan helping to bolster its market price and avoid having to consider a Texas bankruptcy filing. Investors  … Read more

If you’ve flown on a US commercial air flight or had a sore back while at work, chances are that your flight or office hours were made more comfortable by some gadget from Brookstone. The stores have become a staple of the airport or mall scene over the last decade, earning a dominating market position  … Read more

The internet is rife with unsolicited legal advice on how to file bankruptcy yourself. Often referred to as a DIY bankruptcy, there are over 34,000 YouTube results alone instructing individuals on “how to file bankruptcy without a bankruptcy lawyer”. The truth of the matter is that if you have anything to lose, you should hire  … Read more

There are numerous facets to obtaining protection for your debts with Chapter 7 or Chapter 13 bankruptcy. However, we’ve distilled the top things to know about bankruptcy in order to discharge your debts and get your financial house back in order. There are Two Different Types of Bankruptcy Consumer bankruptcy is divided into two separate  … Read more

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