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Bankruptcy & Student Loan Relief

Personal Michigan Bankruptcy Stories: Bankruptcy Client

April 30, 2010March 30, 2023 Mike Shovan

This is a story I received from a client who retained my services for a Michigan chapter 7 bankruptcy. I don’t usually post personal stories

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Do you offer free initial consultations?

February 14, 2010March 30, 2023 Mike Shovan

Free Michigan Bankruptcy Consultation Do we Offer a Free Consultaion? Yes.  Go over right now, fill out the contact form and we can get your

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Bankruptcy & Student Loan Relief

How does filing for Bankruptcy in Michigan really work?

February 1, 2010March 30, 2023 Mike Shovan

There is a lot of information that you really need to have about bankruptcy to fully understand it. In simple terms, the bankruptcy laws were

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Bankruptcy & Student Loan Relief

Are student loans dischargeable in a Chapter 7 Bankruptcy in Michigan?

January 1, 2010March 30, 2023 Mike Shovan

As a general rule, student loans are not dischargeable. However, they can be discharged if you can show that the repayment of the student loans

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Bankruptcy & Student Loan Relief

What debts are not dischargeable under a Chapter 7 Bankruptcy in Michigan?

January 1, 2010March 30, 2023 Mike Shovan

Tax debts owed to the IRS or the State of Michigan are not dischargeable. Any debts incurred by fraudulent acts are also not dischargeable. Same

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Bankruptcy & Student Loan Relief

What is the difference between a Chapter 7 bankruptcy and a Chapter 13 bankruptcy in Michigan?

January 1, 2010March 30, 2023 Mike Shovan

 If you file a Chapter 7 Bankruptcy, your obligation to pay your creditors is permanently relieved. If you have the income to make payments over

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Bankruptcy & Student Loan Relief

I was raised to be an honest person and pay my debts. Won’t I be cheating my creditors if I file for Bankruptcy in Michigan?

January 1, 2010March 30, 2023 Mike Shovan

Bankruptcy is not about cheating your creditors. Bankruptcy laws were enacted to help people facing financial difficulty. The public policy behind the Bankruptcy law is

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