Bankruptcy Articles and Tips

How Bankruptcy Can Help Foreclosure in Michigan

When you file a Chapter 13 or Chapter 7 bankruptcy in Michigan, the court automatically issues an Order for Relief that includes an “automatic stay.” The automatic stay requires all your creditors to immediately stop trying to collec… Read More
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Michigan Bankruptcy and Senior Citizens

The economy, increased healthcare costs, and the threat of foreclosure cause seniors to consider Bankruptcy as part of their retirement plan. Once you are retired and on a fixed income it may not make sense for you to take money from your retirement… Read More
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Michigan Bankruptcy Attorney Explains - Which is worse on your credit report Foreclosure or Bankruptcy?

Ann Arbor, Michigan Bankruptcy attorney Lander McLoyd explains, “Which is worse on your credit report Foreclosure or Bankruptcy?” A foreclosure is very serious to mortgage lenders, more serious than bankruptcy, as long as the bankrup… Read More
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Ann Arbor Bankruptcy Attorney Lander McLoyd is a NACBA Member

Ann Arbor, Michigan bankruptcy attorney, Lander McLoyd, is a member of the National Association of Consumer Bankruptcy Attorneys. NACBA is the only national organization dedicated to serving the needs of consumer bankruptcy attorneys and protecting… Read More
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Ann Arbor Bankruptcy Attorney - There's No Shame in Filing for Bankruptcy

Most people file for bankruptcy after a life-changing experience, such as a divorce, the loss of a job or a serious illness. They’ve struggled to pay their bills for months and just keep falling further behind. You are not alone. In 2007, the… Read More
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Bankruptcy Myth: You'll Lose Everything

If you are faced with unbearable debt that you know you will never be able to pay and are considering filing for bankruptcy in Michigan, here are a few things you should know about bankruptcy: You will not lose everything you have. Do not let this co… Read More
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October Consumer Bankruptcy Filings Up 28% Over 2008

There are 135,913 consumer bankruptcy filings in October 2009 represented a 27.9 percent increase over October 2009 monthly total of 106,266, according to the American Bankruptcy Institute (ABI), relying on data from the National Bankruptcy Researc… Read More
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Consumer Alert — Mortgage Foreclosure Scams

The following is taken directly from U.S. Trustee Program’s website.  You can view their website here. DON’T GET “LOCKED OUT” OF YOUR HOME BY A BANKRUPTCY SCAM OPERATOR Are you having trouble making your home mortgage paymen… Read More
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Bankruptcy: A New World

The following is taken directly from AARP’s website, originally by the National Endowment for Financial Education. You can view AARP’s website here, and the National Endowment for Financial Education’s website here. Your employer… Read More
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