If you have a claim against a company entering bankruptcy, you will need to take action in the bankruptcy case to avoid losing your claim. The...

The time for response to a motion is determined with reference to the Federal Rules of Bankruptcy Procedure, as modified by the Local Rules for the...

How to reject an executory contract in chapter 11

There are a lot of variables to the assumption or rejection of an executory contract. The first of which is whether the contract in issue is...

Are judgments worth anything?

Filing a lawsuit and pursuing it to a judgment is only the first step in seeking compensation for something such as a breach of contract. The...

In a chapter 11 bankruptcy of a mall can a tenant with a long lease (10 yrs) have that lease taken away?

A lease of non-residential real property is considered an executory contract in the bankruptcy of the landlord. (An executory contract is basically...

Assessemnt lien

There are several aspects to your question. The treatment of an assessment lien filed by a homeowners’ association depends, among other factors, on...

Chapter 13 bankruptcy

The efforts of the homeowner’s association to collect a debt outside of the bankruptcy process is likely a violation of the automatic stay put into...

I am now a creditor in a bankruptcy for contract labor...what do I do?

As part of the filing of a Chapter 7 case, the person filing the case is required to identity everyone to whom he owes money, and state their...

Bankrutcy

Texas allows the protection, or exemption, of certain assets, from the collection efforts of creditors. It is important to remember that the...

Termination

Unless there is a contract between the employer and employee, the general rule in Texas is that private employment is “at will,” for either the...