Divorce and Bankruptcy: Who Takes the Debt?
Financial issues are one of the leading causes of divorce for married couples in Michigan. If you have accrued a significant amount of debt during your marriage, you and your spouse may fight about your financial obligations. Especially when one of you has caused or accumulated more of that debt than the other, there may … Read more
Can You Include Your Student Loans When Filing for Bankruptcy?
People will tell you that it is impossible to discharge student loans in bankruptcy. Those individuals, while likely meaning well, have misstated the law and may have drastically oversimplified the situation. While it is uncommon to discharge student loans in personal bankruptcy filings, it is not technically impossible. There are special laws at the federal … Read more
What Are the Rules for Discharging Student Loans in Bankruptcy?
For many, student loans are their biggest financial obligation. This might be the case whether you recently graduated from college or graduated years ago. For many years, student loans have been all but impossible to discharge in bankruptcy, even if they are the primary source of someone’s debt and financial struggles. There are difficult standards … Read more
Student Loan Debt Relief for Michigan Residents
Michigan residents face financial hardships for a large variety of reasons. One of the most common reasons Michiganders struggle to keep up with their financial obligations is overwhelming student loan debt. Of the 1.4 million Michigan residents with outstanding student loans, approximately 1 million of those residents owe between $20,000 and $200,000. Traditionally, individuals with student … Read more
Is Chapter 13 Bankruptcy the Right Choice for Your Family?
Families across Michigan may find themselves facing financial hardship for numerous reasons. Maybe the primary wage earner for the family recently lost their job. Perhaps the parent who always stays home with the children just received a diagnosis of a serious illness. Even those who have historically made wise choices could experience financial hardship when … Read more
Is Your Business Eligible to File a Chapter 11 Bankruptcy?
Facing significant debt as a business owner can quickly become overwhelming. While your business may still be making money, you might struggle to pay your creditors or worry about the future of your company. One option you might consider is filing a Chapter 11 bankruptcy. Chapter 11 bankruptcy is typically reserved for a range of small … Read more
Can You Buy A Home After Filing Bankruptcy?
The decision to declare bankruptcy is one that many people do not undertake lightly. They may need to do after falling in debt from medical bills or because of other causes beyond their control. In the aftermath of this declaration, many people wonder about the state of their finances. One of the questions many filers … Read more
Let’s Talk AboutYour Financial Future. Call For A Consultation.
For trusted help in matters of bankruptcy, estates, business, taxation or real estate, we encourage you to contact us for a no-obligation consultation. During our first meeting at our Royal Oak office, over the phone or via videoconference, you will be introduced to your main point of contact who will work closely with you throughout your case. We will take the time to listen to your story, answer your questions and develop a plan for success. No judgment, just advice geared toward your financial goals backed by decades of experience.
Please call 248-927-2755 or send us an email to learn more or to schedule an appointment. We look forward to serving you.
