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Can You File Bankruptcy on Student Loans?

Yes. If you are eligible, you may be able to get certain federal student loans discharged through Chapter 7 or.

Michigan Bankruptcy Exemptions and Law

If you live in Michigan and have gotten in over your head with debt, bankruptcy may be an option that.

When to use Emergency Bankruptcy Filings.

If you are facing a financial crisis — such as a foreclosure, auto repossession, garnishment or court judgment — you.

Protecting Your Assets in Bankruptcy: Michigan Property Exemption Laws

Property you get to keep* The law of what has come to be called “Asset Protection” is actually a mixture.

Michigan Personal Property Exemptions

This category covers your car, your non-retirement bank accounts, and most of your other personal possessions, other than your house..

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.

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.

6th Circuit Says Michigan Debtors Can Use Bankruptcy-Only Exemptions

On August 20, 2012, the United States Court of Appeals for the Sixth Circuit ruled that people filing for bankruptcy.