February, 2011

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Congressman Ruben Hinojosa (who voted for the BAPCPA bankruptcy reform bill in 2005) Chpater 11 Bankruptcy: Read the documents

Sunday, February 13th, 2011
Congressman Ruben E Hinojosa has filed for Chapter 11 bankruptcy.

Congressman Ruben E Hinojosa has filed for Chapter 11 bankruptcy.

Congressman Ruben E. Hinojosa who represents the 15th District of Texas, which starts in Harlingen and McAllen and goes up almost all the way to San Antonio, filed for Chpater 11 personal bankruptcy on December 18, 2010. 

The case was filed in the Southern District of Texas in the McAllen Division and Judge Richard Schmidt of Corpus Christi is assigned to the case.  The case number is 10-70900-M-11.

Congressman Hinojosa has the distinction of being the first member of Congress who voted for the nasty anti-debtor bankruptcy reform bill in 2005 (BAPCPA) to now be subject to it.  He took credit counseling by phone the day before he filed, presumably being lectured by Money Management International about what he can do better regarding his finances.  He also filed a means test form describing his income, but since he is in Chpater 11, the rich mans bankruptcy, he does not have to fill out nearly as detailed form as in Chapters 7 and 13 where debtors also have to list standardized IRS collection manual based expenses.

Congressman Hinojosa’s district starts at the Rio Grande and spans a large part of South Texas:

Congressman Ruben E. Hinojosa, District 15 of Texas - Chapter 11 bankruptcy filing.

Congressman Ruben E. Hinojosa, District 15 of Texas - Chapter 11 bankruptcy filing.

The documents in the case can be accessed by clicking below:

Docket Reports – All filings as of February 13, 2011

1 Bankruptcy Petition

2 Certificate of Credit Counseling

3 Disclosure of Compensation of Attorney for Debtor

4-1 Application to Approve Employment of Attorney

4-2 Proposed Order

5 Order to Set Hearing and Setting Deadline for Filing Disclosure Statement and Plan of Regorganization

8 Schedules of Assets, Liabilities, Current Income and Expenses

9 Statement of Financial Affiars (Including Payments to Attorney)

10 List of Creditors Holding 20 Largest Unsecured Claims

11 Chapter 11 Statement o fCurrent Monthly Income – the means test Congressman Hinojosa voted for.

12 Amended Disclosure of Compensation of Attorney for Debtor – What was paid to the attorneys.

18-1 Motion for an Order Authorizing Continued Use of Existing Bank Accounts

18-2 Proposed Order Authorizing Continued Use of Existing Bank Accounts

24 Agreed Order Authorizing Contuinued Use of Existing Bank Accounts – Perk for a Member of Congress?

45 OperatingReport for December 2010 – Monthly income and expenses.

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