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 | Oct 6, 2021 | Chapter 13 Bankruptcy
A Chapter 13 bankruptcy is a long process for anyone. Generally ranging from 3 to 5 years, a Chapter 13 represents a significant piece of your life wholly dedicated—financially, anyway—to the end-goal of ridding yourself of debt. The good news is that...
by Walter Metzen | Aug 30, 2021 | Chapter 13 Bankruptcy
It may be counter-intuitive to think that having more debt is better for a Chapter 7 or Chapter 13 bankruptcy proceeding. However, in the case of an automobile lien, this is actually true—within reason. Owning a vehicle free and clear is a righteous path...
by Walter Metzen | Aug 23, 2021 | Chapter 13 Bankruptcy, Foreclosure, Stop Foreclosure in Michigan
When Facing Foreclosure, Consider Chapter 13 Bankruptcy A Chapter 13 bankruptcy filing is among the most reliable means of stopping a home foreclosure process available. With the exception of simply paying an arrearage off in full, a near impossibility for most...
by Walter Metzen | Jul 21, 2021 | Chapter 13 Bankruptcy
There are a variety of things you should not do or should not fail to do with in an active Chapter 13 bankruptcy case. The Chapter 13 process is highly beneficial and can ease you out of debt, save a home from foreclosure, stop a vehicle repossession, and allow you to...
by Walter Metzen | Jul 12, 2021 | Chapter 13 Bankruptcy
Chapter 7 and Chapter 13 bankruptcy are just as available to self-employed people as they are to those who are traditionally employed. However, the mere fact that a person is self-employed will cause any bankruptcy attorney to mentally kick open a box of “further...
