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Posts tagged "Bankruptcy Court"

Bankruptcy Court in Plano, Texas

The Bankruptcy Court for the United States District Court Eastern Division on Texas sits in Plano, Texas.  The Court is actually located in the Wells Fargo Bank Building that is on the east side of North Central Expressway and Plano Parkway.  Adversarial proceedings and contested hearings in either Chapter 7 or Chapter 13 cases are heard there in front of the judge.

Blockbuster Bankruptcy Could Hit Employees Where it Hurts

When big businesses file for bankruptcy, there is a ripple effect that occurs. Not only do the shareholders and suppliers suffer, as well as any lenders who are owed outstanding debts, but the company's employees take a tough hit to their job security, pocketbooks and overall confidence in having to find a decent job in a down economy. This may be the case for Blockbuster employees in both its Dallas and McKinney, Texas locations.

Bankruptcy Hearings

Typically, there is no hearing in front of a judge or jury in bankruptcy court.  In the normal Chapter 7 Bankruptcy case a 341 meeting, or First Meeting of Creditors is held around 45 days after the date the case is filed.  Ordinarily, there are no creditors that appear.  Usually, there is no second meeting. 

Chapter 13 Plan Confirmation

In re Louviere, was a case out of the Eastern District of Texas where the Chapter 13 Trustee objected to confirmation on the basis that the debtor was not paying disposable income per the current monthly income calculation of the Means Test and because of the debtor's failure to provide evidence of the nonfiling spouse's contribution to household expenses. 

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