Costly Mistakes When Filing for Bankruptcy On Your Own

March 10th, 2025 by

If you’re seeking relief from financial stress, you may be considering filing for bankruptcy on your own. After all, why hire a lawyer when money is tight and you want to keep this process as low-cost as possible? Here’s why. Filing for bankruptcy requires careful planning and an acute knowledge of every step of the […]

How Retirement Accounts Are Impacted by Filing for Bankruptcy in Michigan

March 7th, 2025 by

Are you currently facing insurmountable debts? Perhaps you’ve already looked into debt negotiation or consolidation but to no avail. And if you’ve found no success in working with creditors to create a feasible payment plan, it might be time to consider bankruptcy. Yet, if you have a sizable retirement account, you may be wondering how […]

How To Prevent and Stop Foreclosure Through Bankruptcy

January 21st, 2025 by

Missing mortgage payments and facing foreclosure on your home can be a terrifying experience. You may think there’s absolutely no way out. Fortunately, you can prevent and stop foreclosure through bankruptcy. Filing for bankruptcy can pause the foreclosure process and possibly keep you from losing your home. While it won’t wipe out your mortgage debt, it can […]

Filing for Bankruptcy to Prevent Foreclosure

January 16th, 2025 by

During these tough financial times, perhaps you’ve found yourself in debt. It’s possible you’ve borrowed against your house to pay off some of those debts and are now falling behind on your mortgage payments. If you’re facing the daunting possibility of losing your home, filing for bankruptcy to prevent foreclosure is an excellent option to […]

Should You File for Chapter 7 Bankruptcy in Michigan Without a Lawyer?

December 9th, 2024 by

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 […]

What Goes Into Filing for Chapter 7 Bankruptcy?

November 26th, 2024 by

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 […]

What’s the Difference Between Bankruptcy and Debt Settlement?

October 23rd, 2024 by

Right now, many American consumers are struggling with surging debt. As such, more and more people are filing for bankruptcy and subsequently lessening the previous stigma around it. And with good reason. There are so many reasons one might find themselves in debt that have nothing to do with one’s character. Whatever the case, Americans […]

Frequently Asked Questions About Bankruptcy

September 19th, 2024 by

Are you struggling to make ends meet? Unable to keep up with your debts and getting deeper into a financial hole? Filing for bankruptcy could provide significant help and much needed relief. Filing for bankruptcy can give you a chance to start fresh by eliminating debts that you simply can’t pay. It may also enable creditors […]

How Bankruptcy Can Eliminate Credit Card Debt

August 25th, 2024 by

At the unfathomable figure of $1.142 trillion, credit card debt is surging in the United States. If you’re among the many Americans struggling to pay your credit card debt, then you know it’s a significant source of stress that can also take a toll on your mental health. What you may not know is that […]

The 5 Most Common Types of Bankruptcy

June 27th, 2023 by

Bankruptcy can be a valuable tool for individuals and businesses looking to get out from under insurmountable debt to get a fresh start. The Bankruptcy Code consists of five distinct types of bankruptcy for individuals and businesses for debts owed in the United States (the sixth, Chapter 9, is only available to municipalities to reorganize […]