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Bankruptcy & Student Loan Relief

Under what circumstances can a confirmed Chapter 13 bankruptcy plan be modified?

December 21, 2009March 30, 2023 Mike Shovan

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

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Bankruptcy & Student Loan Relief

Do I have to give up my house and all of my other assets if I file for bankruptcy in Michigan?

December 18, 2009March 30, 2023 Mike Shovan

NO! Under the Bankruptcy law you are entitled to keep certain assets for a “fresh start”. These assets or interests are called exemptions and here

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