A Detroit News investigation found that Detroit homeowners could have been taxed by more than $600 million. As a debt relief company, we meet with many Detroit residents struggling with large property tax debt. A majority of these people are facing tax foreclosure or other financial hardships as a result of their high tax bills…. Read more »
Posts Categorized: Chapter 13 Bankruptcy
Convert Your Case in Bankruptcy
Can I Convert My Case? Whether you file a Chapter 7 or a Chapter 13, situations often change and converting your case to a different chapter is often the best option. This blog post will highlight when you should consider converting your case and how to go about the conversion. As always, it is best… Read more »
Bankruptcy and Divorce
Which Should Come First? Bankruptcy or Divorce? Most of our clients do not want to file for bankruptcy. However, a life changing event usually makes bankruptcy the best option to eliminate their debt and start rebuilding their credit. One of the most common life changing events is divorce. Prior to filing for divorce or bankruptcy, it’s important… Read more »
Bankruptcy and Discharging Student Loans | Updates
Discharging Student Loans in Bankruptcy The Department of Education has just released a letter indicating how it will handle a bankruptcy filing that attempts to be discharging student loans. Although there are no set rules and the practice has not been developed yet, the letter provides a road map for when an attorney should attempt… Read more »
A 2015 Michigan Foreclosure Crisis?
Saving your house from foreclosure Although we are a long way from the foreclosure crisis of 2006, experts predict that 2015 will represent a large spike in foreclosures forcing many families out of their homes. This is due primarily many of the temporary relief measures during the crisis coming to an end. The government programs,… Read more »
Income Tax Debt and Michigan Bankruptcy
Income Tax Debt in Bankruptcy The start of a new year also represents a new tax year and many families feel will feel the increased burden of yet another year of unpaid income tax debt. Many of our clients are unable to pay down their past due taxes or meet the minimum amount of the… Read more »
Can I file for bankruptcy without an attorney?
Yes. Bankruptcy without an attorney is possible. We don’t recommend it, however, so this article is for information purposes only. Come in and discuss your situation with one of our lawyers even if you plan on filing bankruptcy yourself. Why file bankruptcy without an attorney? First things first… yes, you’re able to file Chapter 7… Read more »