We have started using GOTOMEETING.COM with great success. It is safe, secure and all you need is a computer, a phone and an internet connection. With GO TO MEETING, we can schedule a consultation or conference and provide you with the same advice that we provide in a face to face meeting. The benefits are [...]
Bankruptcy in Michigan
Category Archives: Uncategorized
The new MEANS TEST numbers effective May 1, 2012 for filing Bankruptcy in Michigan
Effective May 1, 2012, here are the new MEANS TEST numbers for filing BANKRUPTCY IN MICHIGAN: 1 person household $45,056 2 person household $51,660 3 person household $60,313 4 person household $72,454 * Add $7,500 for each individual in excess of 4. Also remember that household size is based on “head in beds” – not [...]
Chapter 13: High Earners that cannot pass the Means Test
If you are a “high earner” – meaning your household income exceeds the MEDIAN INCOME established by the US Census Bureau and relied on by the US Bankruptcy Court – you may have to file a CHAPTER 13 BANKRUPTCY. The MEDIAN INCOMES* for Michigan households were just adjusted on May 1, 2012 and the average [...]
“GO TO MEETING” – The Virtual Connection for Bankruptcy Counsel in Michigan
We have been using “GO TO MEETING” with incredible success. We just schedule a time to meet online and we send you a link and a password and we connect “ONLINE” for your BANKRUPTCY consultation. Just like an office visit, we can jump right on the computer and start entering numbers in to our “State [...]
Transportation Costs: The “Secret” Budget Killer in Bankruptcy
With gas prices pushing $4.00 a gallon – many people are unaware of the actual expenses incurred in operating their cars. With married couples everything doubles and then start adding kids and your budget goes red in a hurry. Transportation costs include not only gas, but the following: Oil changes; tires; brakes; fluids; car washes; [...]
Why do Successful people file for Bankruptcy in Michigan?
Successful people file for BANKRUPTCY because they understand the brilliance of the BANKRUPTCY CODE. Here it is in a nutshell: 1. AUTOMATIC STAY.The minute you file all collections, foreclosures and garnishments stop. 2. EXEMPTIONS. The federal exemption allowances allow you to keep all of your property and your 401k (up to $1,000,000 – yes, that’s [...]
Budget, Budget, Budget
Budgeting is the key to success in life. You don’t need to buy a book or go to a Dave Ramsey show. All you need to do is google “simple budget.” It’s a free spreadsheet that will help you get started with budgeting. I am in shock at the number of people who have no [...]