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Michigan Bankruptcy Blog
Attorney Michael T Brown
Posted by AcclaimLegalService
Acclaim Legal Services is pleased to announce that skilled bankruptcy attorney Michael T. Brown is joining our practice.
Stimulus
Posted by AcclaimLegalService
If you have been contemplating bankruptcy, now might be the right time to act in order to keep your recent stimulus check.
What Will Happen to Your Mortgage Once COVID-19 Relief Ends?
Posted by AcclaimLegalService
The CARES Act Foreclosure Moratorium expires Aug. 31, but there are still options to protect your home. Don’t delay and risk losing your home to foreclosure!
Can I Use Unemployment Income to Qualify for Chapter 13 Plan Payments?
Posted by AcclaimLegalService
Quick answer: Yes! Unemployment income can be used to fund a new or existing Chapter 13 plan. At the time of this blog post many Michiganders are on furlough or dealing with temporary job loss due to the Covid-19 Coronavirus.
President Trump Suspends Evictions and Home Foreclosure Amid Coronavirus Pandemic. What this means for Michigan Homeowners.
Posted by AcclaimLegalService
Last week President Trump directed the Department of Housing and Urban Development (HUD) to suspend foreclosures through April 2020 as Americans grapple with the fallout of the coronavirus.
How do I File for Bankruptcy in Michigan? The Top 6 Steps to Prepare to File Bankruptcy in Michigan!
Posted by AcclaimLegalService
If you are considering filing for Chapter 7 or Chapter 13 bankruptcy in Michigan, here are some important things to consider and steps necessary to prepare for your bankruptcy filing. Here is the list in chronological order.
Top 3 Signs You Need to Consider Filing for Bankruptcy
Posted by AcclaimLegalService
Filing for bankruptcy is a big decision and one that most people try to avoid at all cost. While we understand the hesitation to take this legal step, we all too often see the downside of folks waiting too long to resolve their debts. How do you know if your circumstances and debt are significant enough to warrant a bankruptcy filing? Here are some tell-tale signs that you should contact a bankruptcy attorney to discuss a possible filing.
Offer in Compromise vs. Bankruptcy Which is Better for me?
Posted by AcclaimLegalService
Being in debt is not pleasant….and tax debt is no different. While filing for bankruptcy may help you with most debts it is not always the best solution for dealing with IRS debts. One of the most popular ways for dealing with IRS debts is by settling tax debts through the Offer in Compromise program.
Filing for Divorce and Filing for Bankruptcy in Michigan. Should I file a bankruptcy prior to filing for divorce or should I wait?
Posted by AcclaimLegalService
Financial issues and related stress is widely considered one of the top reasons for divorces in the United States. It is therefore not surprising that filing for divorce and filing for bankruptcy might be considered around the same time. What timing is best for couples considering their options for both? The answer, if you and your spouse have debt and are considering filing for bankruptcy, it is more beneficial to file jointly as a married couple than to try to file individually after the divorce has been settled.
Student Loans – New Ways to Reduce or Eliminate Student Loan Debt in Chapter 13 Bankruptcy
Posted by AcclaimLegalService
Student loan debt is a national problem and individuals in Michigan may have it worse than most states.
Latest Posts
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Managing Attorney Chris Jones was recently interviewed about filing for bankruptcy and the benefits of Chapter 13 bankruptcy.
- Oct 21, 2024 -
Attorney Michael Brown Author's Articles for American Bankruptcy Institute
- Jul 22, 2024 -
Attorney Christopher W. Jones Quoted in DS News Magazine
- May 23, 2023 -
Michigan Foreclosure Forecast for 2023
- May 12, 2023 -
Avoiding Bankruptcy in 2023
- May 09, 2023
Just wanted to thank you for all your help settling our deficiency with the bank.
After finding out the bank wanted us to pay the difference between what we owed them on the house and what they sold it for, I didn’t know which way to turn…the thought of possibly loosing our building kept…
I would like to take the opportunity to Thank Acclaim for the way that they handled my Chapter 13. A very special Thank you goes out to Cindy, she handled everything in a very timely matter always answer my questions so that I understood.
She is one of…
I have worked primarily with Cindy. She has been terrific. She answered any concern I had promptly and courteously. It made a difficult situation easier to deal with.
Prior to filing a Chapter 13 Reorganization, one of my biggest concerns was “how will this affect my credit?” After talking with one of the attorneys at Acclaim Legal Services, they showed me that a Chapter 13 would allow me to consolidate my bills based on my…