by Walter Metzen | Aug 24, 2020 | Automatic Stay, Bankruptcy, DTE Energy and bankruptcy, Life After Bankruptcy
DTE ENERGY UTILITY BALANCES IN MICHIGAN BANKRUPTCY DTE Energy and other utility balances are low priority, unsecured debts in a Chapter 7 or Chapter 13 bankruptcy proceeding, unless you have paid a security deposit to open the service account. That means...
by Walter Metzen | Aug 19, 2020 | bankruptcy attorney in Detroit, bankruptcy lawyer in Detroit
CASH AND BANK BALANCES IN MICHIGAN CHAPTER 7 BANKRUPTCY Cash is one of the most difficult assets to protect in a Chapter 7 bankruptcy. Whether it is buried in your back yard, hidden under your mattress, collected in a Mason jar on your kitchen counter, or safely...
by Walter Metzen | Aug 12, 2020 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, filing bankruptcy in Michigan, restore Michigan driver's license with Bankruptcy filing
BANKRUPTCY AND MICHIGAN DRIVERS LICENSE RESTORATION One of the great advantages of filing a Chapter 7 or Chapter 13 bankruptcy in Michigan is that it will often allow you to restore your suspended driver’s license. It is important to remember, however, that...
by Walter Metzen | Aug 7, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Detroit Bankruptcy attorney, disclosing assets in bankruptcy, filing bankruptcy in Michigan
It is not uncommon for a debtor in bankruptcy to hold title to a car or other vehicle in the possession of and used by someone else. Often, a car has been purchased by the debtor for a friend or family member because they cannot obtain the necessary financing...
by Walter Metzen | Aug 3, 2020 | disclosing assets in bankruptcy, filing bankruptcy in Michigan
MICHIGAN BANKRUPTCY: PROTECTING AN IRA IN CHAPTER 7 AND CHAPTER 13 In Chapter 7 and Chapter 13 bankruptcy, the primary dynamic for the individual filing bankruptcy is the exemption, or protection, of personal assets. If you have too much stuff, or the wrong kind...
by Walter Metzen | Jul 29, 2020 | Bankruptcy, Michigan Bankruptcy Attorney
PERSONAL INJURY LAWSUITS: JUST ANOTHER UNSECURED DEBT (MOST OF THE TIME) Personal injury complaints or judgments filed in Michigan State courts are generally dischargeable in Chapter 7 or Chapter 13 bankruptcies. Although many TV commercials aired by many...
by Walter Metzen | Jul 24, 2020 | Detroit Bankruptcy Lawyer, Filing Bankruptcy in Michigan, Michigan Bankruptcy Attorney
When a creditor is owed money by a debtor (or claims to) and the debtor files for Chapter 7 or Chapter 13 bankruptcy, the creditor retains legal rights within the bankruptcy process. The foremost of these rights is to make itself and its claim known to the...
by Walter Metzen | Jul 20, 2020 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Filing Bankruptcy in Michigan
One of the ways a judgment creditor in Michigan can execute a State court money judgment is to record what is called a “judgment lien” on real estate or other property owned by the debtor. A judgment lien is an encumbrance on the property just like a mortgage or...
by Walter Metzen | Jul 15, 2020 | Bankruptcy Attorney in Michigan
While the COVID-19 pandemic has halted or greatly slowed courtroom proceedings throughout Michigan, the Eastern District of Michigan Federal Bankruptcy Court has been quick to implement procedures to allow the court to function and bankruptcy case to move...
by Walter Metzen | Jul 9, 2020 | Automatic Stay, Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, filing bankruptcy in Michigan
The filing of a Chapter 7 or Chapter 13 bankruptcy brings with it many benefits. The most immediate of these is the activation of a Federal injunction called the “automatic stay against collections.” The automatic stay requires that all creditors cease and desist any...
