Less than 48 hours after a court appointed trustee filed for Chapter 7 bankruptcy against The Turkey Leg Hut, a Texas judge denied the motion. On Tuesday, Chief United States Bankruptcy Judge Eduardo ...
A troubled Montgomery County home builder is fighting the wrecking ball. A troubled Montgomery County home builder is fighting the wrecking ball. TH Properties has filed court papers arguing against a ...
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to ...
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What Is Chapter 7 Bankruptcy and How Does It Work?
Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...
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