Current statistics show record numbers of individuals are filing for personal bankruptcy. Whether your debt crisis is the result of unanticipated medical bills, job loss, or simply overspending, it can be very consuming. It may be difficult to admit that things have gotten so out of control as to consider personal bankruptcy, but for some [...]
Detroit Bankruptcy Attorneys Seeing Record Number of Filers
August 18th, 2009 · No Comments · Uncategorized
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Detroit Bankruptcy Lawyers Discuss Chapter 13 Bankruptcy
August 18th, 2009 · No Comments · Uncategorized
In the US Bankruptcy Code, as it applies to the consumer, two possible types of bankruptcy exist: Chapter 13 and Chapter 7. Otherwise known as “reorganization bankruptcy” or “wage earner plan”, Chapter 13 focuses on an organized method of paying back some or all of the debts you owe. Chapter 7 is a more drastic [...]
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Business for Detroit Bankruptcy Attorneys is Booming
July 12th, 2009 · No Comments · Uncategorized
The city of Detroit, much like the rest of the country is suffering from the current state of the economy. Every day big and small business, factories, manufacturing plants and production companies are being forced to layoff employees or close their doors. One of the few industries that seems to be flourishing in the face [...]
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