by Walter Metzen | May 14, 2020 | Filing Bankruptcy in Michigan
If you live in metro Detroit and are filing a bankruptcy petition, it will be filed in the Detroit Bankruptcy Court located at 211 West Fort Street in Detroit, Michigan. Bankruptcy is Federal law, and is uniform throughout the United States. Unlike State of Michigan...
by Walter Metzen | May 10, 2020 | Chapter 7 Bankruptcy, Michigan bankruptcy, Reaffirmation agreements
If you are a homeowner, you most likely have a mortgage and sometimes even a second mortgage or what is called a home equity line of credit or home equity loan. Unlike credit card debt or medical bills which are unsecured debt, meaning there is no collateral that is...
by Walter Metzen | May 9, 2020 | Bankruptcy, Detroit Bankruptcy Blog
The Bankruptcy Court in Detroit where all cases in Southeast Michigan are filed, charges various fees for filing documents with the Court including fees for some motions, reopening of cases and of course the filing of bankruptcy petitions under Chapter 7 and Chapter...
by Walter Metzen | Apr 17, 2020 | Uncategorized
By Walter Metzen NEW VEHICLE PURCHASES AND BANKRUPTCY: TIMING IS EVERYTHING It is not unusual to require a new vehicle at around the same time you are considering filing for bankruptcy. Or to be driving a vehicle with a terrible interest-rate attached at...
by Walter Metzen | Mar 4, 2020 | Bankruptcy, Detroit Bankruptcy attorney, Detroit Bankruptcy Lawyer
By Walter Metzen BANKRUPTCY 2004 EXAMINATION: A DEPOSITION BY ANY OTHER NAME … Generally, in a Chapter 7 or Chapter 13 bankruptcy proceeding, the Debtor is required to appear and answer questions regarding their assets, debts, and financial condition only...
by Walter Metzen | Feb 17, 2020 | Chapter 13 Bankruptcy
CHAPTER 13 BANKRUPTCY: MONTHLY PAYMENT REQUIRED A Chapter 13 bankruptcy is a “reorganization” or “payment plan” bankruptcy in which you repay some of what you owe to creditors through a 3-5-year payment plan administered by the US Bankruptcy...
by Walter Metzen | Feb 10, 2020 | Chapter 7 Bankruptcy, Detroit Bankruptcy attorney, Detroit Bankruptcy Lawyer
By Walter Metzen Most “unsecured” debts are totally dischargeable in Chapter 7 or Chapter 13 bankruptcy, with only a few limited exceptions, so long as they were not incurred by way of fraud. Rent owed on a residential lease is no different. If you owe...
by Walter Metzen | Jan 29, 2020 | Bankruptcy, Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, Michigan Bankruptcy Attorney
By Walter Metzen BANKRUPTCY DISCHARGE OF DEBTS ARISING FROM MICHIGAN DIVORCE JUDGMENTS A Michigan divorce judgment is an order of a Michigan state Circuit Court judge determining the disposition of marital assets, support obligations, and the responsibility...
by Walter Metzen | Jan 9, 2020 | Chapter 7 Bankruptcy, Detroit Bankruptcy Blog, filing bankruptcy in Michigan
How to Stop a Garnishment in Michigan By Walter Metzen WHAT IS THE GARNISHMENT PROCESS IN MICHIGAN? Garnishment is one of several means by which a plaintiff who obtains a judgment against a defendant in Michigan may “execute” the...
by Walter Metzen | Dec 10, 2019 | Uncategorized
By Walter Metzen 100% CHAPTER 13 PLANS: NOT JUST DEBT CONSOLIDATION One of the most widespread misconceptions about Chapter 13 bankruptcy is that it is simply another form of debt consolidation. This is incorrect. Legitimate “debt consolidation” involves a...
