“C” Is For Creditors

The underlining reason anyone has to file bankruptcy is their Creditors.  Creditors come in various forms including by not limited to: Credit Cards (Visa, America Express, Discover, Target, etc.) Payday Loans(Cash Advances) Medical Bills(Dr’s, Dentists, Vet Bills)...

“B” Is For Bankrtuptcy

The largest change to the Bankruptcy code was the implementation of a new “means test” to determine whether a debtor is eligible for chapter 7 (liquidation) or must file under chapter 13 (wage-earner repayment plan).  Basically in Michigan if you are single and earn...