Michigan bankruptcy law provides information on exemptions, local courts, and general information on the bankruptcy laws.
Practicing law in Canton, Michigan, G.S. Garis is a Michigan Bar licensed Attorney providing legal services for individuals, families and privately-held businesses. As a Livonia, MI Lawyer we specialize in Chapter 7 Bankruptcy - and we offer aChapter 7 Bankruptcy Means Test Calculator, Business...
Means Test Forms §522. Exemptions - U.S. Code for federal exemptions. Federal Exemptions - formatted better; also lists states where the federal exemptions can be chosen. www.legalconsumer.com, created by Albin Renauer, the co-author of How to File for Chapter 7 Bankruptcy by Nolo Press...
At the Law Office of Gene F. Turnwald, we are a team of qualified bankruptcy experts and we are proud to help Michigan residents gain financial freedom and start the next chapter of their lives. If you are struggling with credit card debt, foreclosure of your home, vehicle repossession, me...
Bankruptcy Means Test Allows Deduction for Surrendered Home Mortgage In the case ofIn re Phillips, 417 B.R. 30 (Bankr. W.D.OH 2009), Debtor filed chapter 7 bankruptcy in an effort to discharge debts. Debtor was required to satisfy the “means test” to qualify for the chapter 7 dischar...
A Chapter 7 bankruptcy is a straight liquidation. Chapter 7 bankruptcy is ideal for people in these situations: Your household income is less than the median, or you can pass the means test You have primarily unsecured debt You wish to surrender a home or a vehicle that you can no longer...
Tips for Searching for a Commercial Lease FORECLOSURES AND BANKRUPTCY: THE NUMBER OF FILINGS IS TOO LOW, WHAT TO ANTICIPATE? What is the benefit of taking a “defensive driving” course? Can I change my mind about hiring an attorney after I mailed in my speeding fine?
Chapter 7 bankruptcy is only decided upon when the court sees that people cannot earn enough money to pay back their debts. The court decides through a Means Test wherein a Chapter 7 applicant declares their income in court so that it can assess it against the state average. The court will...
To qualify for Chapter 7 you must survive something called the “means test.” If an applicant qualifies, generally most of their debt is wiped out. Schedule a consultation with us and we’ll help determine whether you qualify for a Chapter 7 Bankruptcy in Ohio. Chapter 13 Bankruptcy In ...
Evaluates the financial affairs and other initial papers in consumer bankruptcy cases filed in the United States Bankruptcy Court district in Detroit, Michigan. Disclosure requirements in consumer bankruptcy cases; Assessment of disclosures; Inaccuracy of the bankruptcy papers filed by consumer debtors and...