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Common Michigan Exemptions

Some of the more commonly used Michigan exemptions are listed below. All law references are to the Michigan Compiled Laws...

6th Circuit Says Michigan Debtors Can Use Bankruptcy-Only Exemptions

On August 20, 2012, the United States Court of Appeals for the Sixth Circuit ruled that people filing for bankruptcy...

What Are Bankruptcy Exemptions?

Bankruptcy exemptions determine what type of property you can keep when filing for bankruptcy. Every state has its own bankruptcy...

Applying The Bankruptcy Protection Laws To Your Advantage

There may seem to be a great deal of ads for bankruptcy protection, few people truly recognize what comes about...

The Myths of Bankruptcy in Michigan

Like most formidable situations, bankruptcy has earned its reputation based on a few truthful facts and too many embellishments. Much...

The Benefits of Bankruptcy in Michigan

After the new bankruptcy law went into effect in October of 2005, many people were under the impression that bankruptcy...

How To Protect Your Investments In Bankruptcy

Serious financial problems rarely happen when you expect them. Personal injuries or other illnesses that leave you disabled can cause...

State of Michigan Bankruptcy Exemptions

600.5451 Bankruptcy; exemptions from property of estate; exception; exempt property sold, damaged, destroyed, or acquired for public use; amounts adjusted...

Michigan Bankruptcy Chaper 7 & 13 facts and requirements.

Michigan residents who find themselves overwhelmed with debt can seek relief under the federal bankruptcy laws. There are two common...

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