Is Filing for Bankruptcy a Good Idea? Understanding the Benefits and Disadvantages of Bankruptcy

When you are in significant financial trouble, filing for bankruptcy may be a viable option to help alleviate your economic...

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Converting a Chapter 13 Bankruptcy to a Chapter 7 Bankruptcy

An individual debtor filing for bankruptcy in Michigan has two choices: He or she can file for protection under Chapter...

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What is the Difference Between Chapter 7 and Chapter 13?

Although it may not seem like debtors have many options when their debts become too great to handle, debtors do...

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What is the Automatic Stay in a Bankruptcy Case?

Thousands of individuals and businesses across the country seek the protection of the bankruptcy courts each year. For one reason...

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