Chapter 7 bankruptcy offers a possible solution to those struggling with excessive debts. A Michigan debtor could find a path to a fresh start after successfully passing the required means test and filing for Chapter 7. A mistake the filer could make might involve...
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Month: November 2022
Managing student loans in Chapter 13 bankruptcy
Many people living in Michigan and around the country believe that it isn't possible to discharge student loan debt in bankruptcy. While this isn't entirely true, as the law does allow for the elimination of education debt in cases of extreme hardship, the process...