by Walter Metzen | Sep 26, 2024 | Uncategorized
As the NFL season kicks off, a disturbing trend is emerging in states where sports betting is legal. A recent Bloomberg Law article highlights the alarming rise of bankruptcies in these regions, with Detroit-based bankruptcy attorney Walter Metzen weighing in...
by Walter Metzen | Apr 14, 2023 | Chapter 13 Bankruptcy
Even if you own your home free and clear of mortgage encumbrances, it is still possible to lose your home through tax foreclosure. Michigan law provides that, if you do not pay your property taxes, your home will be forfeited and then foreclosed. Once the home is...
by Walter Metzen | Nov 18, 2022 | chapter 13 bankruptcy, Uncategorized
In our last blog post, we introduced the topic of things that can go wrong during a Chapter 13 bankruptcy. In that post, we discussed the first 5 of the Top 10 things that can go wrong in Chapter 13. We also discussed the Chapter 13 bankruptcy process generally, as a...
by Walter Metzen | Jun 10, 2022 | Chapter 7 Bankruptcy, waiver of Chapter 7 bankruptcy filing fee
When you file a Chapter 7 bankruptcy case in Detroit or anywhere else in the US, you will be required to pay a filing fee to the United States Bankruptcy Court. This is no different than the filing fee requirement in place for nearly any legal proceeding, Federal or...
by Walter Metzen | Apr 29, 2022 | Bankruptcy means test, Uncategorized
The Bankruptcy Means Test is a component of a Chapter 7 or Chapter 13 bankruptcy petition that determines a number of important factors in your bankruptcy filing. First, for Detroit Chapter 7 bankruptcies, the Means Test determines whether or not your are...
by Walter Metzen | Mar 11, 2022 | disclosing assets in bankruptcy
Copyright, trademark, and domain names owned must be disclosed and valued in your Detroit bankruptcy case, along with any other forms of so-called intellectual property. This Article will discuss why this is the case—and how you can identify intellectual...
