by Walter Metzen | Mar 11, 2022 | disclosing assets in bankruptcy
Copyright, trademark, and domain names owned must be disclosed and valued in your Detroit bankruptcy case, along with any other forms of so-called intellectual property. This Article will discuss why this is the case—and how you can identify intellectual...
by Walter Metzen | Dec 14, 2021 | Chapter 7 Bankruptcy, disclosing assets in bankruptcy
A client of mine from almost 20 years ago, recently had his Chapter 7 Bankruptcy case reopened on motion of the United States Trustees Office. I’ve only seen this a half dozen times in the almost three decades that I have been practicing consumer bankruptcy law here...
by Walter Metzen | Jul 16, 2021 | disclosing assets in bankruptcy, filing bankruptcy in Michigan
If considering filing for Chapter 7 or Chapter 13 bankruptcy, obtaining a proper value for your home is one of the most important steps to take prior to filing your case. If you are a homeowner, it is one of the most essential reasons that you should hire an...
by Walter Metzen | Apr 20, 2021 | disclosing assets in bankruptcy
The filing of a Chapter 7 or Chapter 13 bankruptcy has no automatically negative effect upon non-citizens with the need for debt relief. However, in certain circumstances, the information that must be disclosed in a bankruptcy filing can adversely affect immigration...
by Walter Metzen | Feb 17, 2021 | disclosing assets in bankruptcy
YOUR PROPERTY AND THE CHAPTER 7 BANKRUPTCY ESTATE When you file a petition for bankruptcy, either Chapter 7 or Chapter 13, all property you own or partially own, no matter where it is located or whether it has any real fair-market value, becomes an “asset”...
by Walter Metzen | Jan 27, 2021 | disclosing assets in bankruptcy
Bankruptcy is a Federal legal process of a civil nature. That is, it is not an interaction with the criminal legal process in the United States. Instead, it is an action that one initiates voluntarily to request a civil remedy from the U.S. legal system. In this case,...
