by Walter Metzen | Nov 8, 2019 | Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, Michigan Bankruptcy Attorney, Uncategorized
by Walter Metzen DETROIT MICHIGAN CHAPTER 13 BANKRUPTCY: PAYMENTS REQUIRED A Chapter 13 bankruptcy proceeding differs from a Chapter 7 bankruptcy in that, instead of discharging your (dischargeble) debt entirely, the process requires that you pay something...
by Walter Metzen | Oct 22, 2019 | Detroit Bankruptcy Lawyer
HOME EQUITY AND THE BANKRUPTCY ESTATE When you file for Chapter 7 bankruptcy, everything that you own becomes an asset of what is known as “the bankruptcy estate.” This “estate” is a legal construct, a sort of shell...
by Walter Metzen | Jan 15, 2014 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Detroit Bankruptcy attorney, Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, filing bankruptcy in Michigan
Bankruptcy Credit counseling: What is it and why do you need to do it? I first started practicing bankruptcy law in Michigan in the early 1990’s. Back then it was easier and less expensive to file a bankruptcy case for my typical client. The only...
by Walter Metzen | Jan 13, 2014 | Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, filing bankruptcy in Michigan, Michigan Bankruptcy Attorney
Michigan Bankruptcy Attorney Walter Metzen, Board Certified in Consumer Bankruptcy Law Michigan The practice Consumer Bankruptcy in Michigan is a complicated and demanding area of law. Usually, when bankruptcy case is filed, it is the culmination of some unforeseen...
by Walter Metzen | Dec 18, 2013 | Detroit Bankruptcy attorney, Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, filing bankruptcy in Michigan, Michigan Bankruptcy Attorney
How to maximize your chances for success in a Chapter 13 Bankruptcy case For consumers, there are basically two Chapters of bankruptcy from which to choose, either Chapter 7 or Chapter 13 bankruptcy. Most of the cases that I file, approximately 75%, are Chapter 7...
by Walter Metzen | Dec 9, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Detroit Bankruptcy attorney, Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, filing bankruptcy in Michigan, Michigan Bankruptcy Attorney
How will bankruptcy affect my spouse’s debt or credit report? The general rule is that each person’s debt in a marriage is their own. You do not automatically become liable for your wife’s or husband’s debt when you are married. People are generally responsible for...
