The short answer is NO! The Bankruptcy law provides that a debtor filing for bankruptcy can keep certain assets for a “fresh start” by exempting
Category: Bankruptcy & Student Loan Relief
The vast majority of bankruptcy cases are “no asset” cases. In this type of case, you don’t have any property above and beyond that property
The bankruptcy law exempts certain property and other assets from your creditors. In other words, you are allowed to keep certain things to provide for
A brief summary of the means test and how the test results determine whether you can file a chapter 7 or a chapter 13 bankruptcy in Michigan.