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Bankruptcy & Student Loan Relief

What are the DEBT LIMITS for filing a CHAPTER 13 BANKRUPTCY?

May 12, 2012March 30, 2023 Mike Shovan

In order to qualify for a Chapter 13 Bankruptcy you are limited by the amount of your debt obligations by class: secured and unsecured. You

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Bankruptcy & Student Loan Relief

The new MEANS TEST numbers effective May 1, 2012 for filing Bankruptcy in Michigan

May 12, 2012March 30, 2023 Mike Shovan

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

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Bankruptcy & Student Loan Relief

Chapter 13: High Earners that cannot pass the Means Test

May 12, 2012March 30, 2023 Mike Shovan

If you are a “high earner” – meaning your household income exceeds the MEDIAN INCOME established by the US Census Bureau and relied on by

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Bankruptcy & Student Loan Relief

“GO TO MEETING” – The Virtual Connection for Bankruptcy Counsel in Michigan

May 12, 2012March 30, 2023 Mike Shovan

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

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Bankruptcy & Student Loan Relief

Transportation Costs: The “Secret” Budget Killer in Bankruptcy

May 12, 2012March 30, 2023 Mike Shovan

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

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Bankruptcy & Student Loan Relief

Why do Successful people file for Bankruptcy in Michigan?

April 28, 2012March 30, 2023 Mike Shovan

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

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Bankruptcy & Student Loan Relief Uncategorized

Am I Too Tough to be Your Bankruptcy Lawyer?

April 14, 2012March 30, 2023 Mike Shovan

Maybe. This past week I sat through a session with a couple who left feeling offended at the truth of their situation. We went through

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