by Walter Metzen | Sep 20, 2023 | Documents needed to File a Bankruptcy in Michigan
Filing for bankruptcy is a significant financial decision that can offer a fresh start to individuals and businesses struggling with overwhelming debt. To navigate the complex bankruptcy process successfully, it is essential to have a skilled bankruptcy attorney by...
by Walter Metzen | Sep 1, 2023 | Documents needed to File a Bankruptcy in Michigan
A vehicle title is just one of many documents that you will need to provide to your Trustee in a Chapter 7 bankruptcy case. It may be, however, that you have lost yours. Or purchased your vehicle outside of Michigan. Or aren’t sure if you ever had a copy to begin...
by Walter Metzen | Aug 24, 2023 | fraudulent transfers to insider in bankruptcy
Helping family members in need is the most instinctual act imaginable. If your grandmother needs a little financial help every month to buy groceries or pay her electric bill, why wouldn’t you help out if you can? Or even if, strictly speaking, you can’t? That is, you...
by Walter Metzen | Aug 11, 2023 | Student loans and Bankruptcy
The question of how student loans are treated in Chapter 13 bankruptcy is a long and unfortunate tale. Bankruptcy generally has been an imperfect solution to creditor collections for student loan debt. This has been particularly true since Congress enacted the BAPCPA...
by Walter Metzen | Aug 1, 2023 | Divorce and Bankruptcy
Divorce is a complex and emotionally draining process. When bankruptcy enters the picture, it can add a whole new layer of confusion and concern. This is especially true when you thought your divorce was over and done with, all disputes settled and all properties...
by Walter Metzen | Jul 20, 2023 | credit report and bankruptcy
Can a Michigan Chapter 7 or Chapter 13 bankruptcy filing be removed from your credit report? This is a common question asked by many who inquire about the bankruptcy process. In fact, it is almost too common a question in the sense that it illustrates the...
by Walter Metzen | Jul 14, 2023 | Millennials and Bankruptcy
If you are a parent of a young person entering college or otherwise starting out in the world, it is important to understand that the economic landscape is different than it was 20 years ago. In particular, you need to understand that the trite maxims and fortune...
by Walter Metzen | Jul 11, 2023 | 401k loan and bankruptcy
Is a 401(k) loan or other amount borrowed from a retirement account dischargeable in Chapter 7 or Chapter 13 bankruptcy? Can such a loan be included in your bankruptcy filing? It depends upon what you mean by “included.” A 401(k) loan cannot be discharged in...
by Walter Metzen | Jul 5, 2023 | Understanding your Bankruptcy Petition
Part 6 of our series of Articles on how to read and review the bankruptcy petition prepared for you by bankruptcy lawyer discusses Chapter 13 Payment Plan. In particular, since the forms used for the drafting of Chapter 13 Plans vary widely from jurisdiction to...
by Walter Metzen | Jun 22, 2023 | Understanding your Bankruptcy Petition
Part 5 of our series of Articles on how to read and review the bankruptcy petition prepared for you by your Michigan bankruptcy attorney will discuss in detail the all-important Chapter 7 and Chapter 13 Bankruptcy Means Test. In Parts 1, 2, and 3 of this Article, we...
