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» Michigan Chapter 7 Bankruptcy

Is Bankruptcy right for me?

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… Read More
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The Dos and Don’ts of Declaring Michigan Bankruptcy (Part A)

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… Read More
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After Declaring Bankruptcy in Michigan

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 ma… Read More
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Afraid of Filing for Bankruptcy in Michigan?

For most people the decision to file bankruptcy in Michigan is extremely difficult. First, there is the fear of the unknown. Some people fear that their credit will be destroyed forever. Others fear… Read More
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How to Stop Wage Garnishments

If you owe a creditor money and fail to make your required payments, this lender may seek to get repaid by garnishing your wages. This means a percentage — usually not more than 25 percent &#… Read More
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Bankruptcy Rules Regarding Alimony, Spousal and Child Support

Divorce often puts tremendous strain on both spouse’s finances. One spouse is suddenly paying alimony, spousal or child support, while the other may be scrambling to find a job after staying hom… Read More
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The Means Test

The Means Test was part of the Bankruptcy Reform Act of 2005. Its purpose was to devise an income test to determine eligibility to file a Chapter 7 bankruptcy. The means test is a backward looking te… Read More
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Chapter 7 Bankruptcy Timeline

Outline for client Chapter 7 Bankruptcy: The purpose of the outline is to advise the client on what to expect in preparing and filing the case. The first step in filing the case is to pay the fee t… Read More
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