Well-known media personality Dr. Phil McGraw is facing allegations that the Chapter 11 bankruptcy filing for his Merit Street Media company was done in “bad faith” to avoid creditors and to funnel money in to his new venture, Envoy Media.

Professional Bull Riders wants to know whether Dr. Phil led his Merit Street Media to file for bankruptcy in a “bad faith” move — while shifting assets into a newly created company, Envoy Media Co. — in order to avoid repaying PBR monies owed.

Weeks after the public implosion of the media startup backed by Phil McGraw – best known as “Dr. Phil” – the legal drama surrounding the North Texas-based celebrity psychologist has escalated. On Wednesday,