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 | Jul 20, 2020 | Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Filing Bankruptcy in Michigan, judgment liens in bankruptcy
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 tax...
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...
