Hiring a professional, local bankruptcy attorney for your Chapter 7 bankruptcy comes with a lot of benefits. An expert attorney will help you in discharging all eligible debts, while still keeping your household goods, home, and if possible your car. Although alimony, child support, and federal income taxes are not qualified for elimination, a good..
Category: Bohikian Law - page 4
There are two main types of bankruptcy discharged in Michigan: chapter 7 bankruptcy and chapter 13 bankruptcy. The act of going bankrupt refers to a legal proceeding where someone that is unable to pay their bills. Bankruptcy is a fresh financial start that is provided by our federal government. Unpaid bills and debt can accumulate..
Bankruptcy is a legal method that allows an individual to declare their in ability to pay their debt. A person usually opts to declare bankruptcy when all other debt relief options have not worked. Bankruptcy is considered to be the last resort for an individual who has no other possibilities left to pay off debts..