If you are looking into filing bankruptcy in Dallas, you must already be having stressful financial problems. You may probably think that it will save you attorney’s fees if you do it on your own. However, you may be unaware that it is a costly mistake in the long run. Working with an experienced Dallas bankruptcy attorney will not only save you money but also time and the tension brought about by bankruptcy proceedings.
You need to know that should you decide to file bankruptcy in Dallas on your own, you will still be required to pay the same filing costs and fees. You must also be aware of how complex a bankruptcy case is because even for the simplest of cases, you need to accomplish several tasks, from filling out extensive forms, compliance to local court protocols, up to in-depth research on exemption laws. Any oversight may cause major setbacks such as the risk of losing nonexempt properties, your debt not being approved for discharge, or worse, you can be charged for fraud.
All these complications may be avoided if you work with experienced Dallas bankruptcy attorneys. You may find the bankruptcy lawyers who can help you at Allmand Law because they will work hard to bring you the best possible outcome.
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You don’e have enough money coming in to pay your
credit cards and student loans.
In fact, there is now a moratorium on paying government student loans,
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Former businessman, Walter Liew, 62, who was convicted of making false statements in bankruptcy along with several offenses related to trade secrets and economic espionage, has requested that a federal court in Oakland, CA allow him to serve the remainder of his sentence in home confinement. The case is United States v. Liew, No. 11-CR-0573. Liew has served all but six months of a 180 months sentence at the Federal Correctional Institution Lompoc. According to his motion under the CARES Act, Liew was scheduled for release into a half-way house in June of this year to serve the remaining six months of his sentence but has been hospitalized due to the COVID-19 virus and is now on a ventilator.
According to motion papers filed in the U.S. District Court for the Northern District of California, the "Federal Bureau of Prisons (“BOP”) is mismanaging one of the worst public health catastrophes related to COVID-19 anywhere in the country and at the epicenter of the outbreak are FCI Lompoc and USP Lompoc (collectively “Lompoc”), where more than 1,000 incarcerated persons have tested positive for COVID-19." The court set a briefing schedule for responses and replies through June 12th.
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The bill, which passed the House last week on a 471-1 vote, now heads to President Trump’s desk for his signature.
David Howard's leadership of the OceanFirst digital strategy and innovation team that has developed a robo adviser, an Alexa skill and other cutting-edge tools earned him recognition as one of American Banker's digital bankers of the year.
Prediction: you will begin to see stories about an explosion of chapter 11 filings in May 2020. Well, that is not much of a prediction because I already have seen two. Chapter 11 filings did not explode in May.
A few weeks ago, I posted about the huge drop in overall bankruptcy filings and what looks like a modest rise in chapter 11 filings. I did not want to venture more because chapter 11 filings are hard to count. Every petition filed by every subsidiary in a corporate group gets counted as a case, and the number of subsidiaries in a corporate group is arbitrary. Thus, one economic unit can generate what looks like many bankruptcy filings.
This seems to be exactly what happened the last week of May when there were 242 chapter 11 petitions, a huge number for one week and more than one-and-a-half times as many as the same week last year. But, the bankruptcy of Le Pain Quotidien accounted for 104 of those 242 filings as it appears most every location was a separate LLC or corporation.
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The veteran banker will serve as chief administrative officer, with responsibilities that include strengthening Citi’s data architecture, creating greater consistency in its dealings with regulators and enhancing its efforts to combat money laundering.
All U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the Municipal Liquidity Facility program regardless of population.
Two years ago, the Tulsa, Okla., bank expanded its Native American casino lending business nationwide. It seemed like a great plan until the coronavirus pandemic struck.
Faced with limited growth opportunities and potentially mounting loan losses, banks are getting aggressive — and creative — to boost profits.
John Dugan says a successful effort by banks to alleviate the economic damage of the pandemic could boost the industry's reputation.
Recent steps that would help nonbank lenders enter the traditional banking system, like a proposal clarifying the industrial loan company charter, are needed but face strong opposition.
The mobile bank raised $241 million in its Series D round of funding, and expects to receive approval from regulators to become a nationally chartered bank this summer.
New York State regulators may bring an enforcement action against the German bank as early as this month; Wells Fargo’s decision to stop making loans to the dealers has more to do with credit quality than asset limits.
Tyrie has advanced Bank of America’s virtual assistant Erica and rolled out easier-to-use digital products that resonate strongly with customers. Those achievements have earned him recognition as one of American Banker’s digital bankers of the year.
The consumer bureau said Approved Cash Advance improperly collected amounts that were five times higher the legitimate fee schedule disclosed to borrowers.
The program is intended to aid businesses hit hard by pandemic-induced lockdowns, but lenders are lobbying to have the rules relaxed to help owners of stores and offices damaged by recent riots and looting.
The changes being sought would benefit both small businesses and banks, which would avoid the cost of servicing many low-yielding loans.
Members of both parties raised concerns that the requirements for participating in the Municipal Liquidity Facility and Main Street Lending Program are too restrictive to benefit smaller localities and certain midsize firms.
The format was knocked out of wack a little when transferring to documents here. Sorry about that. You will find two documents here. First, the Motion for Summary Judgment filed in the Office of Administrative Hearings. Second, the Complaint filed in Pima County Justice Court. Shannon Lee Trezza Irrev. Trust 5633 N. Camino […]
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