The Bankruptcy Process – Part II In my prior article, I walked through the initial steps in getting the required information, the need for an individual to take a pre-bankruptcy credit counseling course through an accredited credit counseling agency, and preparing the...
The Bankruptcy Process – Part I I quite often get inquiries about “how do I file bankruptcy”? This article is designed to answer this question, describe the process, and review what information and documents are needed for an individual bankruptcy filing. People...
In my prior post, I discussed what it means to get a discharge, what debts are typically covered, and what debts you may not be able to discharge if it is necessary to keep certain secured property. In this article, I will discuss what actions may possibly preclude...
Most people file bankruptcy in order to obtain a discharge of their liability on most debts. (Note that the discharge provisions only apply to individuals). A discharge means that the legal liability on a debt has been extinguished and no legal action can,...
Michigan remains one of only few states that continue to recognize the ability of a husband and wife together to own property as tenants by the entireties. In fact, if persons are husband and wife and are married at the time they took title to a parcel of real...
