THE HIDDEN COSTS OF DELAYING FILING BANKRUPTCY

September 15th, 2018 by

Filing for bankruptcy is a choice that can offer a second chance for those who have found themselves in a true financial crisis. Sometimes, bankruptcy is put off by people who think they can save themselves from a truly dire financial situation. In this situation, there are some hidden costs for not filing bankruptcy. They are: […]

Which Exemption Laws Apply in a Chapter 7 Where the Debtor Moved to Michigan from Florida Before Filing? (Part 2)

September 15th, 2018 by

Recall in Part 1 that Joe is a former Florida resident who filed chapter 7 after he moved to Michigan. Under the bankruptcy code, Florida was considered to be his domicile because he lived in Florida for the 180-day period preceding the 730-day period preceding the filing of his case. The bankruptcy Code requires Joe […]

Which Exemption Laws Apply in a Chapter 7 Where the Debtor Moved to Michigan from Florida Before Filing? (Part 3)

September 13th, 2018 by

Recall in the first two parts of this article that Joe is a former Florida resident who moved to Michigan and then filed chapter 7. Under the bankruptcy code, Florida is considered to be his domicile because he lived in Florida for the 180-day period preceding the 730-day period preceding the filing of his case. […]