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...
by Walter Metzen | Jul 23, 2022 | Cryptocurrency & NFTs in Bankruptcy
Cryptocurrency and NFTs are the subject of much media discussion lately. Less often discussed is the role that either can play in a Michigan Chapter 7 or Chapter 13 bankruptcy case. This Article will discuss what cryptocurrency, cryptocurrency markets, and NFTs...
by Walter Metzen | Jul 15, 2022 | Assets in Chapter 7 Bankruptcy, personal injury lawsuits and bankruptcy
Certain assets are more likely to be liquidated in a Detroit Chapter 7 bankruptcy proceeding than others. In fact, every experienced Michigan bankruptcy attorney has a finely tuned antenna to hone in on these specific assets when first discussing a...
by Walter Metzen | Jul 8, 2022 | Filing Bankruptcy in Michigan, hiring a bankruptcy attorney
What makes a “good” bankruptcy lawyer? A good bankruptcy lawyer is one who is the right lawyer for you. While that may seem straightforward, it still isn’t easy to begin looking for that “right bankruptcy lawyer for me.” Paid Google Ads, skewed internet search...
by Walter Metzen | Jul 2, 2022 | Disclosing Assets in Bankruptcy
The possession of valuable antiques or collectibles will complicate a Chapter 7 bankruptcy proceeding. Does this mean that you should sell them before filing for Chapter 7 bankruptcy? This is generally a terrible idea. However, with the assistance of an experienced...