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What is chapter 13 and how does it work?
What is chapter 13 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
If you’re deep in debt, you may be considering filing for bankruptcy. And your financial situation may have you convinced that you should file for Chapter 7 bankruptcy in Michigan on your own. This can be a huge mistake. Filing for bankruptcy isn’t like doing a DIY project with instructions and steps you find on […]
If you’re trapped under a mountain of debt and see no clear way out of it, a Chapter 7 bankruptcy could wipe out that debt and give you a fresh start with your finances. Filing for Chapter 7 bankruptcy, however, can be complicated if you’re attempting to handle it on your own. That’s why it’s […]