by Walter Metzen | Nov 2, 2020 | Trust Assets in Michigan Bankruptcy
Placing assets into a trust prior to filing a Chapter 7 or Chapter 13 bankruptcy may effectively shield the asset from inclusion in what is known as “the bankruptcy estate,” or it may deliver the property straight into the hands of a Chapter 7 Trustee. The bankruptcy...
by Walter Metzen | Oct 14, 2020 | Bankruptcy Attorney in Michigan, Chapter 13 Bankruptcy, Michigan bankruptcy, Modify Chapter 13 bankruptcy plan payment
THE CONFIRMED CHAPTER 13 BANKRUPTCY PAYMENT PLAN: NOT ETCHED IN STONE The Chapter 13 bankruptcy process consists of 2 separate stages: (1) the “pre-Confirmation” stage; and (2) the “post-Confirmation” stage. When you initially file your Chapter 13 bankruptcy...
by Walter Metzen | Jul 15, 2020 | Bankruptcy Attorney in Michigan, Filing Bankruptcy in Michigan, the bankruptcy process during COVID
While the COVID-19 pandemic has halted or greatly slowed courtroom proceedings throughout Michigan, the Eastern District of Michigan Federal Bankruptcy Court has been quick to implement procedures to allow the court to function and bankruptcy case to move forward....
