by Walter Metzen | Jun 24, 2021 | Bankruptcy Lawyer, Chapter 13 Bankruptcy
By Walter Metzen When a Chapter 13 bankruptcy is no longer feasible due to a permanent loss in household income or under other circumstances, a debtor may convert the case to a Chapter 7 bankruptcy. In the Eastern District of Michigan Bankruptcy Court...
by Walter Metzen | Jun 15, 2021 | Chapter 13 Bankruptcy
A recent decision by the Sixth Circuit U.S. Court of Appeals has confirmed that a debtor in Chapter 13 bankruptcy in Michigan has the absolute right to voluntarily dismiss a Chapter 13 bankruptcy case. Please note that if you are presently in a Chapter 13 case, there...
by Walter Metzen | Jun 1, 2021 | Chapter 13 Bankruptcy
In bankruptcy, all attorney’s fees must be approved by the Bankruptcy Court. Thus, whatever the fee arrangement between you and your bankruptcy lawyer happens to be, it must be disclosed on Form 2016(b), attached upon filing to your bankruptcy petition. In a Chapter...
by Walter Metzen | Apr 12, 2021 | Chapter 13 Bankruptcy
Introduction: Creditors in Chapter 13 Bankruptcy Chapter 13 bankruptcy is a reorganization bankruptcy and not a liquidation bankruptcy in which debts are discharged in full without payment. In a Chapter 13, your debts are prioritized for payment according to a...
by Walter Metzen | Apr 1, 2021 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
The term “priority debt” is one that you are likely to hear repeatedly in a Chapter 7 or Chapter 13 bankruptcy proceeding. What does it mean? A priority debt in bankruptcy is one that must be paid by the Chapter 7 or Chapter 13 Trustee prior to the payment of...
by Walter Metzen | Mar 26, 2021 | Chapter 13 Bankruptcy
When you file Chapter 13 bankruptcy as a homeowner, the servicer of your secured mortgage obligation will become one of your biggest headaches in the process. This is due to the fees charged to your mortgage account by the servicer for every step they feel required...
