A Family-Owned, Family-Focused Bankruptcy Firm

Month: April 2020

Can I keep my home after Chapter 7?

Chapter 7 bankruptcy is commonly known as a liquidation bankruptcy. This is because the courts will liquidate the debtor's assets to help pay off creditors. The two most common bankruptcies to file for as an individual or either Chapter 13 or Chapter 7. Persons who...

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Should I pay more than my credit card minimum?

People have varying priorities when they pay off their credit cards. Some individuals feel fine just paying the minimum amount each time the bills come due. However, just paying the minimum amount may become a debt time bomb if you are not careful. Not only can you...

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Who can file for Chapter 7 bankruptcy?

Michigan residents with debt may look into methods of easing the debt. For many, bankruptcy is a viable option. But did you know that each type of bankruptcy has its own set of requirements? Not just anyone can file for any type of bankruptcy.  Today we will look at...

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Chapter 13 and your secured/unsecured debt

Bankruptcy can sound like a rocky return to square one and a long road between you and good credit. But it does not have to be drastic. Your case may benefit best from a Chapter 13 restructuring instead of a reset.  Let us cover a couple definitions: secured and...

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