by Walter Metzen | Sep 10, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Discharge of debt in bankruptcy, disclosing assets in bankruptcy, Filing Bankruptcy in Michigan
DENIAL OF DISCHARGE IN MICHIGAN BANKRUPTCY: WATCH YOUR STEP It is the goal of a Chapter 7 or Chapter 13 bankruptcy to obtain a discharge of one’s debts. The “discharge” is a sort of “master injunction” under Federal law, by way of the US Bankruptcy Code, that...
by Walter Metzen | Aug 7, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Detroit Bankruptcy attorney, disclosing assets in bankruptcy, filing bankruptcy in Michigan
It is not uncommon for a debtor in bankruptcy to hold title to a car or other vehicle in the possession of and used by someone else. Often, a car has been purchased by the debtor for a friend or family member because they cannot obtain the necessary financing credit,...
by Walter Metzen | Aug 3, 2020 | disclosing assets in bankruptcy, filing bankruptcy in Michigan, Protecting your IRA in Bankruptcy
MICHIGAN BANKRUPTCY: PROTECTING AN IRA IN CHAPTER 7 AND CHAPTER 13 In Chapter 7 and Chapter 13 bankruptcy, the primary dynamic for the individual filing bankruptcy is the exemption, or protection, of personal assets. If you have too much stuff, or the wrong...
by Walter Metzen | May 15, 2020 | Bankruptcy, Chapter 7 Bankruptcy, disclosing assets in bankruptcy, filing bankruptcy in Michigan, Filing Bankruptcy in Michigan, fraudulent transfers to insider in bankruptcy
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 | Jan 9, 2014 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Detroit Bankruptcy attorney, disclosing assets in bankruptcy
Can you blame your bankruptcy lawyer if an asset is left off your bankruptcy petition? The short answer is yes, you can blame your lawyer, but ultimately you are responsible for properly listing and disclosing assets in your bankruptcy schedules, so unless your...
by Walter Metzen | Oct 17, 2013 | Detroit Bankruptcy attorney, Detroit Bankruptcy Blog, Detroit Bankruptcy Lawyer, disclosing assets in bankruptcy, filing bankruptcy in Michigan
Proper Disclosure of Prepetition and Post-Petition Assets in Michigan Bankruptcy Petitions Walter A. Metzen Consumer Bankruptcy Attorney, Law Offices of Walter A. Metzen, Bankruptcy Attorney Detroit , Michigan Abstract: Fundamental to the concept...
