by Walter Metzen | Jan 20, 2021 | Life After Bankruptcy, reaffirmation of car note, Uncategorized
Your Chapter 7 bankruptcy is a distant memory. It worked out great. You discharged all of your credit card and medical debt. That back rent you still owed from leasing that apartment with that roommate who ran off with a guy halfway through the lease-term is even...
by Walter Metzen | Jan 11, 2021 | Uncategorized
BALLOON PAYMENTS & CHAPTER 13: TO MODIFY OR NOT TO MODIFY? A balloon payment is a large lump sum payment required upon the termination of monthly installment payments, which may have been “interest-only” payments, in some sorts of longer term...
by Walter Metzen | Jan 5, 2021 | Refiling bankruptcy
A Chapter 13 bankruptcy can be dismissed for a number of different reasons. It can be dismissed voluntarily—because you decided that the Chapter 13 process wasn’t working for you at a particular time. It can also be dismissed involuntarily—because you...
by Walter Metzen | Jan 4, 2021 | credit repair and bankruptcy, Credit Score
There is no shortage of signage around Metro Detroit offering to “repair” your credit for a low, flat fee. On highway embankments, hand-scrawled on cardboard in aging office building windows, cluttering Craigslist … If these advertisements are correct, making...
by Walter Metzen | Dec 29, 2020 | cosigners and bankruptcy, Credit Score
The question of how filing for Chapter 7 or Chapter 13 bankruptcy will affect one’s credit score is possibly the most common question potential filers pose to bankruptcy attorneys. Possibly, this question is posited even more frequently than the question of...
