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Under the federal bankruptcy laws, each state was allowed to make provision for which types of exemptions will be available - the state exemptions, the federal exemptions, or either.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 19, 2013 ‘Real Housewives Of NJ’ Stars Slapped With More Indictments C&K Market files Chapter 11 bankruptcy Google Ventures-backed startup Trada for sale or in bankruptcy

Sometimes you may hear about a person filing bankruptcy and their case may not have the ending they were looking for.  Sometimes a case can be dismissed or the debtor could end up losing their assets when they decide to do things differently instead of going by the code.  Other times a poor result may [...]

If you’re in California, you may be able to protect your retirement funds from creditors.  That can be great news for retirees with money problems.
Most people have a combination of retirement accounts, often representing different phases of their working lives.

Rapper DMX, 42, who filed for Chapter 11 bankruptcy protection this summer, just got his case thrown out by a New York federal judge.  The Journal News reported the rapper (real name Earl Simmons) got his case dismissed this month due to several inconsistencies when it came to his paperwork.  Yet, this is the second [...]

Are you experiencing financial hardship, but uncertain if you would qualify to file for bankruptcy relief based on your income?  We can help!  Below is some general information regarding the types of bankruptcy relief and how income is considered for filing.  To get a free evaluation of your circumstances, call our office at 866-261-8282 for [...]The post What Income is Eligible to Qualify for Filing Bankruptcy in Michigan? appeared first on

I Owe My Family Money.  Should I Pay Them Back Now?  When you file a Chapter 7 bankruptcy, or even a Chapter 13, your attorney might ask you if you have paid any friends or family members any money in the last 12 months?  I ask this question to every single client I meet with […]

I Owe My Family Money.  Should I Pay Them Back Now?  When you file a Chapter 7 bankruptcy, or even a Chapter 13, your attorney might ask you if you have paid any friends or family members any money in the last 12 months?  I ask this question to every single client I meet with […]

Should I file a Corporate Chapter 7 Bankruptcy?  If you own a business and that business is struggling, bankruptcy might be a consideration for your business.   This article will address filing a Chapter 7 for your business, which essentially means dissolving the business.  If you file a Chapter 7 bankruptcy for your LLC or S-Corporation, […]

Should I file a Corporate Chapter 7 Bankruptcy?  If you own a business and that business is struggling, bankruptcy might be a consideration for your business.   This article will address filing a Chapter 7 for your business, which essentially means dissolving the business.  If you file a Chapter 7 bankruptcy for your LLC or S-Corporation, […]