Can I keep my jewelry if I file for bankruptcy in Michigan?
You can use Michigan bankruptcy exemptions to keep jewelry, watches, and wedding rings, up to a certain dollar amount. Whether...
Should you file for bankruptcy before or after a divorce?
Many people cite divorce as a leading reason for their bankruptcy filing. However, planning ahead can make both your bankruptcy...
How To Avoid Debt Relief Scams
If you’re having a problem with debt, sit back and relax as there are ways to achieve debt relief. However,...
What is Michigan chapter 11, and who may qualify?
Chapter 11 is frequently known as the reorganization chapter of the bankruptcy code because it allows a debtor to reorganize financial obligations...
Student Loans and private lenders
In its recent October 1, 2015 report proposing changes to the student loan system, the Department of Education recommended that...
Why Student Loans Are So Difficult To Discharge In Bankruptcy
Filing for bankruptcy has allowed millions of Americans to walk away from credit card debt, car loans, and even unpaid...
Bankruptcy Dos and Don’ts
DO NOT…. 1. DO NOT transfer assets out of your name. This raises a huge red flag. A bankruptcy trustee...
Consequences of Bankruptcy for School Loans.
Consequences of Bankruptcy The bankruptcy discharge is intended for certain borrowers who have filed a petition for relief under the...
Dealing with Secured Auto Loans in Bankruptcy
Dealing with Secured Auto Loans in Bankruptcy Bankruptcy offers the option of keeping your secured property by immediately paying it’s...
What Are The Michigan Bankruptcy Exemptions?
What Are Bankruptcy Exemptions? Bankruptcy exemptions determine what type of property you can keep when filing for bankruptcy. Every state...