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 | 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...
by Walter Metzen | May 10, 2020 | Chapter 7 Bankruptcy, Michigan bankruptcy, Reaffirmation agreements
If you are a homeowner, you most likely have a mortgage and sometimes even a second mortgage or what is called a home equity line of credit or home equity loan. Unlike credit card debt or medical bills which are unsecured debt, meaning there is no collateral that is...
by Walter Metzen | May 9, 2020 | Bankruptcy, Detroit Bankruptcy Blog
The Bankruptcy Court in Detroit where all cases in Southeast Michigan are filed, charges various fees for filing documents with the Court including fees for some motions, reopening of cases and of course the filing of bankruptcy petitions under Chapter 7 and Chapter...
by Walter Metzen | Apr 17, 2020 | Uncategorized
By Walter Metzen NEW VEHICLE PURCHASES AND BANKRUPTCY: TIMING IS EVERYTHING It is not unusual to require a new vehicle at around the same time you are considering filing for bankruptcy. Or to be driving a vehicle with a terrible interest-rate attached at...
