by Walter Metzen | Oct 3, 2020 | Automatic Stay, Filing Bankruptcy in Michigan, Michigan bankruptcy
MICHIGAN CHAPTER 7 & CHAPTER 13 BANKRUPTCY: THE DISCHARGE INJUNCTION The discharge of debt received at the end of a successful Chapter 7 or Chapter 13 bankruptcy proceeding is one of the most powerful civil remedies available under US law. The...
by Walter Metzen | Sep 17, 2020 | Chapter 13 Bankruptcy, Filing Bankruptcy in Michigan, Foreclosure, Uncategorized
CHAPTER 13 BANKRUPTCY: NOT THE LEAST OF EVILS Chapter 13 bankruptcy has a bad reputation. It’s the form of consumer bankruptcy you have to file if you fail the so-called Means Test. It’s the form of bankruptcy in which you have to repay some of what is owed to...
by Walter Metzen | Sep 10, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Detroit Bankruptcy Blog, 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 | Jul 24, 2020 | Detroit Bankruptcy Lawyer, Filing Bankruptcy in Michigan, Michigan Bankruptcy Attorney
When a creditor is owed money by a debtor (or claims to) and the debtor files for Chapter 7 or Chapter 13 bankruptcy, the creditor retains legal rights within the bankruptcy process. The foremost of these rights is to make itself and its claim known to the...
by Walter Metzen | Jul 20, 2020 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Filing Bankruptcy in Michigan
One of the ways a judgment creditor in Michigan can execute a State court money judgment is to record what is called a “judgment lien” on real estate or other property owned by the debtor. A judgment lien is an encumbrance on the property just like a mortgage or...
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...
