by Walter Metzen | Jan 9, 2020 | Chapter 7 Bankruptcy, Detroit Bankruptcy Blog, filing bankruptcy in Michigan
How to Stop a Garnishment in Michigan By Walter Metzen WHAT IS THE GARNISHMENT PROCESS IN MICHIGAN? Garnishment is one of several means by which a plaintiff who obtains a judgment against a defendant in Michigan may “execute” the...
by Walter Metzen | Dec 10, 2019 | Uncategorized
By Walter Metzen 100% CHAPTER 13 PLANS: NOT JUST DEBT CONSOLIDATION One of the most widespread misconceptions about Chapter 13 bankruptcy is that it is simply another form of debt consolidation. This is incorrect. Legitimate “debt consolidation” involves a...
by Walter Metzen | Nov 19, 2019 | Chapter 13 Bankruptcy, Detroit Bankruptcy Blog, Michigan Bankruptcy Attorney
Chapter 13 bankruptcy is a different animal than Chapter 7 bankruptcyIn most cases, a Chapter 7 bankruptcy is a fairly tight process. A Chapter 7 generally involves 2 or 3 meetings with your bankruptcy lawyer prior to the filing of your petition in order to assemble...
by Walter Metzen | Nov 8, 2019 | Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, Michigan Bankruptcy Attorney, Uncategorized
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 back to your creditors, depending upon your monthly average income after necessary...
by Walter Metzen | Oct 29, 2019 | Detroit Bankruptcy Blog
Auto Loans and Chapter 7 Bankruptcy: Basic OptionsWhen you file a Chapter 7 bankruptcy at a time when you owe a balance on an automobile loan, you are required to state your intention as to whether you intend to retain the vehicle “securing” the loan or whether you...
by Walter Metzen | Oct 22, 2019 | Chapter 7 Bankruptcy
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 containing all property that you own, perhaps that you...
