Archives for personal bankruptcy

What is the difference between a Chapter 7 bankruptcy and a Chapter 13 bankruptcy in Michigan?

 If you file a Chapter 7 Bankruptcy, your obligation to pay your creditors is permanently relieved. If you have the income to make payments over time, then you will consider a Chapter 13 Bankruptcy. If you file a Chapter 13 Bankruptcy, you will repay your creditors over the next 3 to 5 years.mike@mikeshovan.com. If you…

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…