by Walter Metzen | Nov 4, 2022 | Filing Bankruptcy in Michigan
One of the most pervasive myths about bankruptcy in Michigan is that you can be sent to jail for unpaid debt. Debt collectors who call and threaten you with jail time or who send you a “warning letter” in the mail threatening jail for unpaid debt do so in...
by Walter Metzen | Oct 26, 2022 | Filing Bankruptcy in Michigan
Filing bankruptcy with income or debt earned from the marijuana or cannabis business is tricky. On one hand, such business is now legal under Michigan law. On the other hand, marijuana and cannabis remain regulated as a Schedule I drug. That is, the marijuana business...
by Walter Metzen | Oct 24, 2022 | 341 Meeting of Creditors, bankruptcy meeting of creditors
The 341 Meeting of Creditors does not have to be the most stressful part of your Michigan Chapter 7 or Chapter 13 bankruptcy case. However, for many, it is exactly that. Generally speaking, you will find the 341 Meeting of Creditors process to be more dull than...
by Walter Metzen | Sep 29, 2022 | Filing Bankruptcy in Michigan
Your Social Security Number should be kept confidential by all parties in your Michigan Chapter 7 or Chapter 13 bankruptcy case. However, it is not always the case that this is so. This Article will describe your obligation to provide and disclose your Social...
by Walter Metzen | Sep 6, 2022 | Bankruptcy
Other “parties in interest” will always play a role in your Michigan Chapter 7 or Chapter 13 bankruptcy case. Your bankruptcy case is not yours alone, in other words. A bankruptcy filing can be a process that touches many people (or corporate entities) in...
by Walter Metzen | Aug 29, 2022 | misconceptions about filing bankruptcy
Many misconceptions about filing bankruptcy circulate throughout Michigan. It is a legal process best handled by an experienced bankruptcy attorney—yet it is also one of those area of legal practice about which everyone has an opinion. If you let your sister-in-law,...
by Walter Metzen | Aug 29, 2022 | Assets in Chapter 7 Bankruptcy
If you own a home, you will likely need to have it appraised before filing bankruptcy in Metro Detroit. Thanks to web-based valuation sites like Zillow and Realtor.com, we all think we know what our homes are worth. These days, it can simply be Googled. Right?...
by Walter Metzen | Aug 12, 2022 | filing bankruptcy in Michigan
A Chapter 7 or Chapter 13 bankruptcy filing is often something you want to keep to yourself. Frequently, people who file bankruptcy in Detroit do not wish to reveal that information even to close friends and family. The media and many religious leaders continue to...
by Walter Metzen | Aug 8, 2022 | Bankruptcy means test
The bankruptcy Means Test serves different purposes depending upon whether you are filing Chapter 7 or Chapter 13 bankruptcy in Michigan. In Chapter 7 bankruptcy, it is the mathematical formula that determines whether or not you are eligible to file Chapter 7...
by Walter Metzen | Aug 1, 2022 | Filing Bankruptcy from jail or prison
It may seem odd to want to file bankruptcy from jail or prison—but it happens. However, incarceration makes bankruptcy filing a more cumbersome and logistically difficult process. This Article will discuss why you might still need to file...