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» Michigan Chapter 7 Bankruptcy

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 tes… 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 to t… Read More
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