The biggest difference between a Chapter 7 and a Chapter 13 is that in a 13 you repay a portion of your unsecured debt. In
Category: Bankruptcy & Student Loan Relief
Effective March 15, 2011, the Median Income figures for Michigan will change as follows: 1 person: $42,562 UP FROM $41,875. 2 persons: $50,738
Absolutely not. Leave it to the US Congress to just muck up the process with ridiculous course requirements that teach you nothing and a means
If you inherit assets within 180 days of filing for bankruptcy in Michigan, those assets become part of your bankruptcy estate. Make sure that you
If you get divorced within 180 days of filing for bankruptcy in Michigan, any property that you acquire through a property settlement agreement becomes property
Yes. You can demand that a creditor return any money that is garnished within 90 days of your filing for bankruptcy. The creditor’s taking of
Yes it can. A cram down is the process where the principal balance on a loan is reduced to the value of the collateral that