Month: September 2021

Month: September 2021

The automatic stay in bankruptcy

Sometimes, consumers in Michigan have no choice but to file bankruptcy to help ease their debt load. Many filers opt for Chapter 7, which removes debt by selling assets, or they choose Chapter 13, which establishes a debt repayment plan. While bankruptcy is often...

Prepare for your Chapter 13 bankruptcy filing

Bankruptcy plans may not succeed when people fail to plan their finances in advance. Debtors in Michigan have a number of options to repay their debts, but they must prepare for a Chapter 13 plan correctly. The following are several steps that they are recommended to...