WASHINGTON, DC – SEPTEMBER 08: Talk show host and autor Dr. Phil McGraw participates in the White House Religious Liberties Commission meeting at the Museum of the Bible September 8, 2025 in Washington, DC. U.S. President Donald Trump is scheduled to
DALLAS – A federal bankruptcy judge on Tuesday converted Merit Street Media’s Chapter 11 bankruptcy to a Chapter 7 case after arguments to either dismiss or convert the bankruptcy.
Judge Scott Everett called the case an “anomaly” saying it arrived in court in “complete liquidation mode.”
What they’re saying:
“Before bankruptcy, after wresting control of the company away from TBN, Phil McGraw decided to pull the plug on the financially distressed Merritt Street and move the…