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Are Pay Day Loans Dischargable in Bankruptcy?

Debtors may be Eligible for Relief from Payday Loans in Bankruptcy For those who are struggling to pay their bills and who are falling behind on monthly payments, payday loans may seem like an appealing option.  Payday loans, also known as cash adva… Read More
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Tax Returns and Filing for Bankruptcy

Protect your Tax Return in Bankruptcy through Careful Planning  Worrying about what will happen to your tax refund is a valid concern for people who are in bankruptcy or who are contemplating bankruptcy.  The vast majority of people in Michigan who… Read More
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Overview of Chapter 7 Bankruptcy (Part B)

Basics of Chapter 7 Bankruptcy Chapter 7 bankruptcy can be considered a liquidation plan designed to relieve a debtor of their debts. Chapter 7 bankruptcy is one of the harshest forms of debt relief as it requires all non-exempt property and assets t… Read More
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The Means Test Used in Determining Bankruptcy Eligibility (Part A)

After you decide you need to begin the process of filing bankruptcy in Michigan, you will likely be subjected to a Means Test, a tool to evaluate whether you are eligible to file based on your income. The United States adopted this method of eligibil… Read More
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The Means Test Used in Determining Bankruptcy Eligibility

Filing Bankruptcy in Michigan – Chapter 13 and the Means Test The means test is used for more than determining Chapter 7 eligibility; it is also used in Chapter 13 bankruptcy cases. Most debtors prefer to file Chapter 7 bankruptcy as it eliminates… Read More
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An Overview of Michigan Foreclosure Law (Part B)

According to the Michigan Foreclosure Law, besides sending a letter, your mortgage lender must publish their intent to foreclose on your home. They must do this in the legal news, along with your address. The reason your address is published is so th… Read More
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An Overview of Michigan Foreclosure Law (Part A)

Due to the current economic crises, home foreclosure rates have been soaring in the United States. In order to slow the rate of foreclosure in Michigan, a new Michigan Foreclosure Law was passed in July of 2009. This law requires mortgage lenders to… Read More
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Overview of Chapter 7 Bankruptcy (Part A)

Making the decision to file for chapter 7 bankruptcy should only come after extensive research and consideration. A Michigan bankruptcy attorney can help you evaluate your financial situation and discuss your options to relieve your debt, and can d… Read More
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Is Bankruptcy in Michigan the Right Choice for Me?

Filing for Michigan bankruptcy may be the right choice for you if you are faced with mounting debts that you cannot conceivably repay without suffering undue financial hardship or further damage to your credit score. Like any important life decision… Read More
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Why Bankruptcy is Better Than Debt Settlement Scams

You’ve probably heard the soothing radio ads. “Don’t file for bankruptcy,” they coo. “Let us help you settle your debts.” But is debt settlement a better option than bankruptcy? The short answer is “no.”… Read More
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