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What is chapter 7 and how does it work?
When a person files a bankruptcy case, the goal is to wipe out as much debt as possible so that the person can get a fresh start. You may not want to get rid of some of your debts if, for example, you want to keep your home and car and want to continue to pay the mortgage and car payments. There are other debts that you cannot get rid of. Your other debts are either dischargeable, meaning that your personal liability will be eliminated, or non- dischargeable, meaning that you will continue to remain liable on the debt after your bankruptcy is over. Learn More
Not necessarily. There are different options when it comes to homes and vehicles when filing for bankruptcy. Learn More
Did you know that roughly 23 million in the United States owe over $250 in healthcare costs? To add salt to the wound, at the time of publication of this post, the elimination of health insurance subsidies of the Affordable Care Act (ACA) has sent health insurance premium costs rocketing. And while ACA insurers are […]
Are you a Michigan resident feeling an overwhelming amount of financial strain? If so, you’re not alone. Michigan recorded its highest level of bankruptcies in 2025 since the COVID pandemic. Michigan had 16,373 bankruptcies in 2025, which was 89 more than in 2024. And only 243 less than in 2020, when the state was under […]