The 6th circuit court issued an opinion last month finding that voluntary retirement contributions are acceptable budget items to include in a Chapter 13 repayment plan.

Acclaim Legal Services is pleased to announce that skilled bankruptcy attorney Michael T. Brown is joining our practice.

If you have been contemplating bankruptcy, now might be the right time to act in order to keep your recent stimulus check.

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!

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.

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.

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.

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.

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.

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.