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Bankruptcy & Student Loan Relief

Would you like to stop a wage garnishment, a foreclosure, or protect your checking account from a judgment?

January 31, 2010March 30, 2023 Mike Shovan

Many of the ads that you read talk about getting rid of debt, indicating straight bankruptcy. Let’s talk about the difference between bankruptcies. Chapter 7,

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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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