by Walter Metzen | Apr 18, 2023 | exemptions in bankruptcy
The Federal Bankruptcy Exemptions are provisions in the US Bankruptcy Code that allow you to protect most of your property in a Chapter 7 bankruptcy. They also allow you to prevent the value of your property from increasing the cost of your Chapter 13 bankruptcy....
by Walter Metzen | Apr 14, 2023 | Chapter 13 Bankruptcy
Even if you own your home free and clear of mortgage encumbrances, it is still possible to lose your home through tax foreclosure. Michigan law provides that, if you do not pay your property taxes, your home will be forfeited and then foreclosed. Once the home is...
by Walter Metzen | Apr 12, 2023 | chapter 13 bankruptcy
Chapter 13 bankruptcy might at first appear to be an ill-fit for Michigan real estate investors. It is, after all, a process in which the value of assets can be used as a basis for the amount of debt that must be repaid. However, understanding that sentiment...
by Walter Metzen | Apr 6, 2023 | Litigating in Bankruptcy Court
When you hire a Metro Detroit bankruptcy attorney, it is important to consider whether or not your attorney is also an effective bankruptcy litigator. While you may be tempted to focus on the convenience of a given bankruptcy lawyer’s office location or whether...
by Walter Metzen | Apr 3, 2023 | The Emotional Side of Bankruptcy
Filing for bankruptcy is stressful. There is no question that it is an anxious process. Locating and meeting with a trustworthy and competent Metro Detroit bankruptcy attorney feels like a huge task alone. Gathering the large amount of paperwork and documentation that...