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Bankruptcy

What are my options for debt relief?

Reports have recently come in stating that bankruptcy filings are spiking this year. Indeed, the U.S. has already seen nearly 80,000 filings this year, which may mean that 2021 may be a record-breaking year for bankruptcy filings. In light of these numbers, it is no...

Do I qualify for Chapter 7 bankruptcy?

Chapter 7 bankruptcy is an important legal option that can provide Michigan residents with a way to eliminate many of their burdensome debts. However, Chapter 7 bankruptcy is not available to all debtors. To qualify for Chapter 7 and its protections, a debtor must...

What is bankruptcy and when is it the right choice?

Bankruptcy is in the news frequently, with brick-and-mortar retail businesses and restaurants going under as well as individuals filing for personal bankruptcy. Bankruptcy sometimes has negative preconceptions, that it will ruin a person’s credit, that they will have...

Eligibility requirements for Chapter 7 bankruptcy

There are many different events in people’s lives in Michigan, which are predictable. However, there are many events that occur that are unpredictable and can have a very detrimental effect on their lives. They may suffer injuries or contract diseases, get laid off,...