by GudemanE | Apr 24, 2014 | Bankruptcy, Chapter 11, Chapter 13, Chapter 7, General
Beginning June 1, 2014, The filing fees for filing a Chapter 7 bankruptcy, the most common type of bankruptcy filed by consumers are going up. Personally, I think the fees are already unfair, but I do not control them. My feelings notwithstanding, The Judicial Conference met on March 11,...
by GudemanE | Nov 20, 2012 | Bankruptcy, Chapter 11, General
Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won’t go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike...
by GudemanE | Nov 1, 2012 | Bankruptcy, General
There are good people in Southeastern Michigan who are challenged on a daily basis because of the slow local and national economy. Families around the state and especially in the Greater Detroit area are sometimes overwhelmed by debt and face losing all that they have worked so hard for...
by GudemanE | Oct 25, 2012 | Bankruptcy, General
Consider the following: You can… Stop Foreclosure, Save Your Home. Eliminate, either in whole or in part, your second mortgage Stop repossession of cars and/or other collateral Usually you can retain all personal property Stop Federal, State or Local Income Tax Collection Discharge certain Federal, State or Local Income...
by GudemanE | Oct 8, 2012 | General
Courtesy of the Detroit Free Press | Staff writer David Jesse In early 2007, Adam Wolak combined two student loans — one for slightly more than $58,000 and one for a little bit less than $36,000 — into one federally backed loan. Five years later, the government has yet...
by GudemanE | Oct 4, 2012 | Bankruptcy, General
Some time ago, did you apply for an online short-term loan? Sometime in the present, you might be at home eating dinner when the phone rings. The call will be from a debt-collector telling you that you are overdue on a high interest short- term loan. The caller will...