Michigan residents who are struggling with overwhelming student loan debt might have heard that student loans generally can't be discharged in bankruptcy. While it is true that student loans are much more difficult to discharge in bankruptcy than other types of...
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Month: June 2023
Michigan bankruptcy basics
The United States Bankruptcy Court in Michigan handled 13,533 bankruptcy cases in 2022. And most cases are Chapter 7 bankruptcy, with 9,266 filings. You might choose to file bankruptcy if you want a legal way to erase some of your debt when repayment is impossible or...