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Blogs about: Bankruptcy Planning

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What Happens If I Declare Bankruptcy and am Listed as a Joint Account-Holder on Someone Else's Bank Account?

hillalaw wrote 1 month ago: Several times in recent weeks, individuals I’ve counseled wishing to declare bankruptcy have r … more →

Tags: Chapter 13, Chapter 7, joint property, michigan bankruptcy, co signers, Detroit, joint bank accounts, Michigan, Property

What Assets Should I Disclose to My Bankruptcy Attorney?

hillalaw wrote 1 month ago: As a bankruptcy attorney, I’m constantly surprised by the number of clients or potential clien … more →

Tags: Bankruptcy Process, Chapter 13, Chapter 7, michigan bankruptcy, Detroit, exemptions, fraud, Michigan, Property

How Much Non-Consumer Debt Can I Discharge in a Chapter 7 Bankruptcy?

hillalaw wrote 2 months ago: Many of my bankruptcy clients in the Detroit, Michigan area have some percentage of business debt al … more →

Tags: bankruptcy, Bankruptcy Process, Business Debt, Chapter 7, consumer debt, Detroit, Michigan, non-consumer debt

Can I Keep My House if I File for Chapter 7 Bankruptcy?

hillalaw wrote 4 months ago: I have touched upon this issue a few times before on this blog, but I feel, given the number of ques … more →

Tags: bankruptcy, Chapter 7, Home Mortgages and Bankruptcy, michigan bankruptcy, Reaffirmation Agreements, Detroit, Home, Homestead, Michigan

Can I Repay a Personal Loan to a Friend or Family Member before Filing for Chapter 7 Bankruptcy?

hillalaw wrote 4 months ago: Following a Chapter 7 bankruptcy, you may repay any debt you choose regardless of the fact that it h … more →

Tags: Bankruptcy Basics, Chapter 7, bankruptcy, Bankruptcy Process, Michigan, attorney, Southfield, Detroit, Personal Loan

How Long Will It Take to Rebuild my Credit after Bankruptcy?

hillalaw wrote 4 months ago: While it is true that filing for bankruptcy is a serious blow to anyone’s credit-report, it is … more →

Tags: Bankruptcy & My Credit-Score, Bankruptcy Basics, Bankruptcy Process, Chapter 13, Chapter 7, attorney, Credit Cards, Debt, Detroit

Michigan Bankruptcy Lawyer: Best of the Bankruptcy Basics

hillalaw wrote 5 months ago: I began this blog only last December, and, although six months is not a lot of time to assess the ef … more →

Tags: Bankruptcy Basics, Chapter 7, Chapter 13, bankruptcy, michigan bankruptcy, Bankruptcy Process, Michigan, Southfield, Detroit

How Long Does the Bankruptcy Process Take? What IS the Bankruptcy Process?

hillalaw wrote 6 months ago: I have tended to write about somewhat more substantive matters on this blog, so far, but the #1 ques … more →

Tags: bankruptcy, Bankruptcy Basics, Bankruptcy Process, Chapter 7, michigan bankruptcy, What Do I Need to File?, Chapter 13, Detroit, Michigan

Will My Utilities be Shut Off if I File for Bankruptcy?

hillalaw wrote 6 months ago: Continuation of electrical, gas, water, and other basic household utility services through and after … more →

Tags: Chapter 7, Chapter 13, bankruptcy, michigan bankruptcy, Utilities in Bankruptcy, Michigan, Detroit, Utilities

Can I File for Bankruptcy if I Have Previously Filed for Chapter 7 or Chapter 13?

hillalaw wrote 7 months ago: By and large, if you have filed for bankruptcy before, you need to be a little careful in considerin … more →

Tags: Bankruptcy Basics, Chapter 7, Chapter 13, bankruptcy, Michigan, Southfield, Detroit, Eligibility, Eligible:

Can I Discharge My Business Debts in a Personal Chapter 7?

hillalaw wrote 8 months ago: Many people consider the possibility of bankruptcy as a means of dealing not just with personal debt … more →

Tags: bankruptcy, Business Debt, Chapter 7, michigan bankruptcy, Debt, Detroit, Michigan, Southfield

Can Bankruptcy Stop Me from Being Evicted?4 comments

hillalaw wrote 8 months ago: The “automatic stay” that goes into effect upon the filing of a petition for bankruptcy … more →

Tags: bankruptcy, Bankruptcy Basics, Chapter 13, Chapter 7, Eviction and Bankruptcy, automatic stay, Debt, Detroit, Eviction

Can I Still Use My Credit-Cards if I am Considering Bankruptcy?

hillalaw wrote 9 months ago: It may seem obvious, but, for all practical purposes, the answer to this question is NO. Any credit- … more →

Tags: Bankruptcy Basics, Chapter 7, Chapter 13, bankruptcy, Michigan, Detroit, John, Hilla, Debt

What Is The Means Test and How Does It Work in Chapter 7 Bankruptcy?

hillalaw wrote 9 months ago: Many people contact me and ask whether I think they make too much money to file for a Chapter 7 bank … more →

Tags: Bankruptcy Basics, Chapter 7, bankruptcy, michigan bankruptcy, Michigan, Southfield, Detroit, John, Hilla

I received my discharge in bankruptcy, now what?1 comment

G A Napier wrote 9 months ago: Here is a classic video from Saturday Night Live (NBC) (posted by danwho.net) that succinctly answer … more →

Tags: bankruptcy, bankruptcy discharge, Chapter 13, Chapter 7, post-bankruptcy

Am I Responsible for My Fiancee's Debt After Marriage?

hillalaw wrote 9 months ago: It may seem cold to suggest that couples considering marriage examine what their mutual debt-load wi … more →

Tags: Bankruptcy Basics, Marriage and Bankruptcy, michigan bankruptcy, bankruptcy, co signers, Debt, Detroit, Hilla, John

What Happens to my Unemployment Benefits if I File Bankruptcy?

hillalaw wrote 10 months ago: Unemployment benefits are many people’s only source of income in truly difficult times. Howeve … more →

Tags: bankruptcy, Chapter 13, Chapter 7, michigan bankruptcy, Unemployment, Benefits, Detroit, exemptions, Hilla

Looking out for extended family can cost them in your bankruptcy

G A Napier wrote 10 months ago: When faced with bankruptcy, people hate to turn away from family that have helped them. The natural … more →

Tags: bankruptcy, Chapter 7, Consumer Bankruptcy, fraudulent conveyance, Preferential payment

Tips for Tough Times #22 comments

G A Napier wrote 10 months ago: In my last post I discussed a general strategy for going further into debt in the event of a crisis … more →

Tags: bankruptcy, 401(k), Chapter 7, Consumer Bankruptcy, Retirement


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