Protecting Your Assets in Bankruptcy: Michigan Property Exemption Laws
Property you get to keep* The law of what has come to be called “Asset Protection” is actually a mixture...
Michigan Personal Property Exemptions
This category covers your car, your non-retirement bank accounts, and most of your other personal possessions, other than your house....
Special Rules for Retirement Accounts:
Under a new provision of the bankruptcy law, enacted in October 2005, virtually all types of pension and retirement accounts...
Will Filing A Michigan Bankruptcy Wipe Out All My Debts?
Yes, with some exceptions. Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and...
5 Bankruptcy Myths Debunked
Nadya Suleman (known to gossip magazines as “Octomom”) recently filed for Chapter 7 bankruptcy after accumulating roughly $1 million in...
Michigan Bankruptcy Facts
Michigan residents who find themselves overwhelmed with debt can seek relief under the federal bankruptcy laws. There are two common...
Michigan Bankruptcy’s Automatic Stay
When a person files for bankruptcy, they usually receive immediate protection from creditors through a special court order known as...
Michigan Credit Card Debt Relief Options
Credit card companies make getting a credit card as easy as filling out a slip of paper at a baseball...
Medical Bankruptcy Is A Growing Phenomena
The problem of medical expenses in the U.S. economy has been gradually (and sometimes not so gradually) increasing over the...