Free Michigan Bankruptcy Consultation Do we Offer a Free Consultaion? Yes. Go over right now, fill out the contact form and we can get your questions answered. You can also contact me through my website at www.mikeshovan.com, by email at mike@mikeshovan.com or you can call me direct at (989) 233-9389. Evening and weekend appointments are…
Archives for February 2010
What is meant by the phrase “fresh start?”
The “fresh start” concept allows you to free yourself from debt and engage in a newly productive life which is unimpaired by your past financial problems. This concept helps you avoid the permanent discouragement that would prevent you from ever wanting to reestablish yourself as a hard-working member of society and to strive to find…
What is the filing fee for filing a Chapter 7 bankruptcy?
The fee for filing a petition is $299 and it is the same whether you file as a husband and wife or separately.
Can I convert my Chapter 13 into a Chapter 7 bankruptcy?
Yes. You have an absolute right to convert your Chapter 13 to a Chapter 7. You can get more details and all your Michigan bankruptcy related questions answered via a free evaluation… It’s a conversation you’ll be glad you had.
Who is the bankruptcy trustee and what do they do?
In every case under Chapter 7 or Chapter 13, a trustee is appointed to supervise your case. Typically most Chapter 7 cases do not contain any non-exempt property. In other words, most Chapter 7 individuals, couples, and businesses do not have assets which exceed the exemption allowances – these cases are referred to as “no…
Do I get to keep my income tax refund?
The right to receive an income tax refund is property of your bankruptcy estate. Income tax refunds are typically exempted from the reach of your creditors and you get to keep it.
What is a reaffirmation agreement?
With a reaffirmation agreement, you agree to pay a debt that you otherwise could have discharged. For example, you have a car loan and you want to keep the car. To do that, you have to reaffirm the car loan and keep making payments – the same is true with a home mortgage loan –…