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 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 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...
by Walter Metzen | Jul 7, 2020 | Automatic Stay, Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Michigan Bankruptcy Attorney, Wage Garnishments
Nothing inspires people to consider filing for bankruptcy than the threat of a garnishment. The possibility of losing 25% of your paycheck to a judgment creditor is more than any average household budget can bear. What if the garnishment has already...
by Walter Metzen | Jun 24, 2020 | Automatic Stay, Bankruptcy, filing bankruptcy in Michigan
The discharge of Federal or Michigan state tax debt is a puzzling question for most consumers and even many bankruptcy attorneys. It is a mistake to assume that it can be discharged in bankruptcy, but it is also a mistake to presume that it cannot. It is also a...
by Walter Metzen | May 15, 2020 | Bankruptcy, Chapter 7 Bankruptcy, disclosing assets in bankruptcy, filing bankruptcy in Michigan, Filing Bankruptcy in Michigan
When a Chapter 7 or Chapter 13 bankruptcy are filed with the bankruptcy court, the voluntary petition, schedules, and the statement of financial affairs and all the other documents that are submitted to the bankruptcy court are signed under penalty of perjury by the...
