by Walter Metzen | Sep 15, 2021 | Chapter 7 Bankruptcy
By Walter Metzen A Chapter 7 bankruptcy is a “liquidation” bankruptcy. This means that, if you own any property that is worth more than the value of the so-called “bankruptcy exemptions” that can be applied to them in your bankruptcy petition schedules, that...
by Walter Metzen | Sep 7, 2021 | bankruptcy adversary proceeding
By Walter Metzen It is a common misconception that the filing of a Chapter 7 or Chapter 13 bankruptcy is a matter of mere form-filling. That is, people tend to think that it is a “lawyer-optional” legal process. How hard is it to fill in some forms, after all?...
by Walter Metzen | Sep 3, 2021 | Chapter 7 Bankruptcy
By Walter Metzen The US Trustee’s Office is an entity often referenced in blog entries on this site. We mention the US Trustee generally in passing, with the warning that, in any Chapter 7 or Chapter 13 bankruptcy, it is best not to attract the notice of this office....
by Walter Metzen | Aug 30, 2021 | Chapter 13 Bankruptcy
By Walter Metzen It may be counter-intuitive to think that having more debt is better for a Chapter 7 or Chapter 13 bankruptcy proceeding. However, in the case of an automobile lien, this is actually true—within reason. Owning a vehicle...
by Walter Metzen | Aug 23, 2021 | Chapter 13 Bankruptcy, Foreclosure, Stop Foreclosure in Michigan
By Walter Metzen When Facing Foreclosure, Consider Chapter 13 Bankruptcy A Chapter 13 bankruptcy filing is among the most reliable means of stopping a home foreclosure process available. With the exception of simply paying an arrearage off in...
