The U.S. Fifth Circuit Court of Appeals has blocked the wife of an indicted exotic-used-car dealer from collecting $500,000 from the sale of their multimillion dollar Dallas luxury home after the couple tried to partition the ownership of the house one hour before her husband filed for bankruptcy.
The background the Fifth Circuit’s decision in Wiggains v. Reed is as follows, according to the decision. Jeremy Wiggains and his wife, Tanya, bought the expensive house in Dallas’ Preston Hollow neighborhood in 2013 and sold it nine months later for $3.4 million.
