Whether you can keep your tax refund in Chapter 13 bankruptcy depends on several factors. As a general rule you must turn over your federal tax refunds to your chapter 13 bankruptcy plan every year you are in the bankruptcy. You may always keep your…
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It is possible to file bankruptcy without paying the attorney fee in full. Generally, the attorney fee must be paid in full prior to filing the bankruptcy. This is because any fee owing at the time the bankruptcy is filed is discharged. Sometimes a c…
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NO MONEY DOWN CHAPTER 13 BANKRUPTCY ATTORNEYS Payment plans must be between 36 -60 months. The number of months starts to run the day your case is confirmed, not the day your case is filed. The length of your plan can depend on many factors. Your lev…
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METRO DETROIT CHAPTER 13 BANKRUPTCY ATTORNEYS You will sit down with your Michigan bankruptcy attorney and prepare a repayment plan which includes the proposed payments. This plan is sent to the bankruptcy court when your bankruptcy is filed. The Tru…
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DETROIT BANKRUPTCY ATTORNEYS Your Tax refunds are assets just like cash and other property you own. There are several different ways to handle tax refunds depending on the type of bankruptcy you file. Chapter 7: In order to keep your tax refund in a…
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DETROIT BANKRUPTCY LAW FIRM It is true that a bankruptcy filing stays on your credit report for up to 10 years after filing. However this does not mean that your credit is ruined for 10 years and you will never be able to get any credit during that p…
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DETROIT BANKRUPTCY ATTORNEYS Generally, Yes. The Bankruptcy Code requires a debtor to treat all like creditors alike. This means you cannot chose to list some creditors in a bankruptcy while keeping other creditors out of the bankruptcy. The Bankrupt…
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DETROIT BANKRUPTCY ATTORNEY Bankruptcy can be an invaluable tool and might be the right answer for your financial situation. If you answer yes to any of the following questions then please contact our office for a free consultation: Are you behind on…
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Bankruptcy often has a negative connotation, but this is in large part because of misconceptions that have escalated over time. Declaring bankruptcy in Michigan simply gives you a chance to eliminate debts and repay creditors under the protection of…
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After Declaring Bankruptcy in Michigan Once you declare bankruptcy in Michigan, you’ll undergo several stages. In most cases, bankruptcy lasts for 3 to 5 years before a discharge is given. To make sure that you stay on track with the process, y…
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