Special Rules for Retirement Accounts:
Under a new provision of the bankruptcy law, enacted in October 2005, virtually all types of pension and retirement accounts.
Will Filing A Michigan Bankruptcy Wipe Out All My Debts?
Yes, with some exceptions. Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and.
5 Bankruptcy Myths Debunked
Nadya Suleman (known to gossip magazines as “Octomom”) recently filed for Chapter 7 bankruptcy after accumulating roughly $1 million in.
Michigan Bankruptcy Facts
Michigan residents who find themselves overwhelmed with debt can seek relief under the federal bankruptcy laws. There are two common.
Michigan Bankruptcy’s Automatic Stay
When a person files for bankruptcy, they usually receive immediate protection from creditors through a special court order known as.
Michigan Credit Card Debt Relief Options
Credit card companies make getting a credit card as easy as filling out a slip of paper at a baseball.
Medical Bankruptcy Is A Growing Phenomena
The problem of medical expenses in the U.S. economy has been gradually (and sometimes not so gradually) increasing over the.
Can You Keep Your Car If You File Bankruptcy?
Many people who file for bankruptcy and own a car are allowed to keep it during and after their case,.
Common Michigan Exemptions
Some of the more commonly used Michigan exemptions are listed below. All law references are to the Michigan Compiled Laws.