by Walter Metzen | May 17, 2022 | chapter 13 bankruptcy
It is well-known that Chapter 13 bankruptcy is the form of bankruptcy available to those who fail to qualify on an income basis for Chapter 7 bankruptcy. It is also the form of bankruptcy most...
by Walter Metzen | May 10, 2022 | Emergency Bankruptcy Filing, Stop Foreclosure in Michigan, stopping wage garnishment in Michigan
The filing of an “emergency” bankruptcy petition in Michigan is possible. However, it should never be the default option of any debtor. The filing of a Chapter 7 or Chapter 13 bankruptcy case is not simple “form-filling” as many believe to be the case. It is a complex...
by Walter Metzen | May 5, 2022 | business bankruptcy
Business debt is dischargeable in a personal bankruptcy in Michigan under certain circumstances. However, it is important, firstly, to keep in mind that there is a difference between the debt owed by your business and the debt owed by you, personally. It may be that...
by Walter Metzen | Apr 29, 2022 | Bankruptcy means test, Uncategorized
The Bankruptcy Means Test is a component of a Chapter 7 or Chapter 13 bankruptcy petition that determines a number of important factors in your bankruptcy filing. First, for Detroit Chapter 7 bankruptcies, the Means Test determines whether or not your are...
by Walter Metzen | Apr 21, 2022 | chapter 13 bankruptcy
Chapter 13 bankruptcy cases are administered by a court-appointed individual known as the Chapter 13 Trustee. Who is this person, what does he or she do, how can he or she make or break your Michigan Chapter 13 bankruptcy case—and under what authority? This Article...
by Walter Metzen | Apr 14, 2022 | Filing Bankruptcy in Michigan
The presence of children in a household can make an enormous difference with regard to Chapter 7 bankruptcy eligibility—and to Chapter 13 affordability. This is true in a both a “pro” and “con” sense. First, every parent knows very well the enormous household expense...
by Walter Metzen | Apr 8, 2022 | Michigan Construction Liens and Bankruptcy
Michigan law allows for the perfection of construction liens upon your property by contractors and construction service providers in order to secure your payment to them. A Michigan construction lien, however, is available only to contractors or design...
by Walter Metzen | Apr 1, 2022 | Filing Bankruptcy if you are in the Military
Filing for Chapter 7 or Chapter 13 bankruptcy in Michigan is logistically difficult for those in everyday jobs. For those in the midst of military service, it is all the more so—especially when stationed overseas. While the bankruptcy process does make...
by Walter Metzen | Mar 16, 2022 | personal bankruptcy in Michigan
While we all would prefer to consider the filing of a Chapter 7 or Chapter 13 bankruptcy in Detroit to be a private matter, there are, in fact, a host of characters involved in the process. Generally, it is true that, if you don’t tell anyone that you filed for...
by Walter Metzen | Mar 16, 2022 | personal bankruptcy in Michigan
While we all would prefer to consider the filing of a Chapter 7 or Chapter 13 bankruptcy in Detroit to be a private matter, there are, in fact, a host of characters involved in the process. Generally, it is true that, if you don’t tell anyone that you...
