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31 Dec, 2013
Reaves & Lee

What Only Chapter 13 Can Do

For those beginning to research the intricacies of Texas bankruptcy law, you will quickly learn that all bankruptcy codes are not equal. Each “chapter” offers the individual unique advantages and rules, but it is...

30 Dec, 2013
Reaves & Lee

Mortgage Debt Relief Act to Expire

While home prices across the country have seen a steady increase for the first time in nearly six years, there is a looming storm on the horizon. For the many Americans hoping to take advantage of the Mortgage Debt Relief Act...

30 Dec, 2013
Reaves & Lee

Detroit Bankruptcy Case Allowed Appeal

The December 3 ruling that the city of Detroit is eligible to file for chapter 9 bankruptcy is now being allowed an appeal by the same judge. That judge, Steven Rhodes, has decided it best for the bankruptcy process to...

27 Dec, 2013
Reaves & Lee

Bankruptcy Review For December 27, 2013

This week in bankruptcy news: Textron acquires aircraft manufacturer Beechcraft after the company emerges from bankruptcy, while wireless communications company LightSquared tries to also make a successful exit from Chapter...