Effective April 1, 2010, the federal exemptions that you can use in your Michigan bankruptcy have changed. Exemptions are dollar allowances for real and personal property that you can keep when you file for bankruptcy in Michigan. The exemptions provide the basis for your fresh start. Here are the new exemption amounts: Homestead: 522(d)(1) Real…
Archives for banktuptcy in michigan
How does filing for Bankruptcy in Michigan really work?
There is a lot of information that you really need to have about bankruptcy to fully understand it. In simple terms, the bankruptcy laws were created so that good people don’t have to suffer through their entire life. Good people like you have the opportunity to get a fresh start. And that’s what bankruptcy does…
How do I know if filing Bankruptcy in Michigan is the right thing for me to do?
You want to carefully consider your options before you make a decision to file a Bankruptcy in Michigan. You will want to review the free reports that we provide and check out posts on our blog and watch some of the instructional videos. If you have any questions about Bankruptcy in Michigan, call Attorney Mike…