Tag Archives: Michigan

If I Own my Home Free and Clear, Will I Lose it in a Chapter 7 Bankruptcy?

If you own your home free & clear of any mortgage lien, a Chapter 7 bankruptcy may be a risky process for you, and a Chapter 13 bankruptcy may be a safer form of debt relief for you.

Click here to read more about protecting your home from liquidation in a Chapter 7 bankruptcy on the new Michigan Bankruptcy Blog of Michigan Bankruptcy Attorneys The Hilla Law Firm, PLLC.

If you are a southeastern Michigan resident interested in filing for bankruptcy, please feel free to call me at (866) 674-2317 or email me at john@hillalaw.com to schedule a free, initial consultation.

What is a Contingent Claim and Can I Exempt One in Chapter 7 or Chapter 13 Bankruptcy?

All assets must be disclosed in your bankruptcy petition—even assets you may not receive or which may not have value until some other event occurs in the future. Such assets are “contingent,” but they are still assets.

Click here to read more about contingent claims in bankruptcy on the new Michigan Bankruptcy Blog of Michigan Bankruptcy Attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for bankruptcy, please feel free to contact me at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Can I Still Make Charitable Contributions or Tithe in Bankruptcy?

A monthly expense dedicated to regular and documented charitable giving or tithing is an allowed expense under the US Bankruptcy Code.

The effects of this allowance will vary depending on whether your are filing Chapter 7 or Chapter 13, and, depending upon the size of the expense, you may encounter skepticism from US Trustees or Chapter 13 Trustees in the bankruptcy process.

Click here to read more about charitable giving and tithing in bankruptcy on the new Michigan Bankruptcy Blog of Michigan bankruptcy attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for bankruptcy, please feel free to contact me at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Is my Mortgage Payment Too High for Chapter 7 Bankruptcy in Michigan?

Whether a mortgage payment is too high for Chapter 7 bankruptcy is a question that will affect an extreme minority of potential Chapter 7 cases, but, when it does, it pays to have the facts available and to have an understanding of who is examining what in your case to make the “too high” determination.

Click here to read more about high mortgage payments and Chapter 7 bankruptcy on the new Michigan Bankruptcy Blog of Michigan bankruptcy attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for bankruptcy, please feel free to contact us at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Can I Pay Back-Rent in a Chapter 13 Bankruptcy Plan?

Back rents can be repaid in full in a Chapter 13 bankruptcy in order to stop an eviction and preserve your right to remain in rental housing.

Click here to read more about back rent in Chapter 13 bankruptcy on the new Michigan Bankruptcy Blog of Michigan bankruptcy attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident and are considering filing for bankruptcy, please feel free to contact me at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

Why You Shouldn’t Worry about your Chapter 7 Bankruptcy 341 Meeting of Creditors

The Chapter 7 and Chapter 13 bankruptcy 341 Meeting of Creditors is usually the only hearing you will have to appear for in a typical bankruptcy process. Generally speaking, there is no reason to feel stressed or nervous about this hearing in advance.

Click here to read more about the 341 Meeting of Creditors and why it is nothing to fear on the new Michigan Bankruptcy Blog of Michigan bankruptcy attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for bankruptcy, please feel free to call me at (866) 674-2317 or email us at john@hillalaw.com to schedule a free, initial consultation.

If I File for Chapter 13 Bankruptcy, Can I Get Out of It Later?

A Chapter 13 bankruptcy can be dismissed nearly at any time you no longer wish to remain in the bankruptcy. However, there may be reasons why you would want to stay in the Chapter 13 if you have already begun the process.

Click here to read more about whether you can dismiss a Chapter 13 bankruptcy case on the new Michigan Bankruptcy Blog of Michigan Bankruptcy Attorneys The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident considering filing for bankruptcy, please feel free to contact us at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.