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
Tag: bankruptcy in michigan
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
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
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
A confirmed Chapter 13 bankruptcy plan can be modified in the following instances: Decrease/increase in income; Interruption of income; Change in marital/dependent status; Unexpected medical
It is important to realize that all fees in Bankruptcy cases are monitored by the Bankruptcy court. Fees for your particular case will depend on
When you file your bankruptcy petition in Michigan, an “automatic stay” goes into effect. The “automatic stay” prohibits and stops any action against you to