Do you want to keep your house? As with all these points, hey, if you know how, it’s like being your own brain surgeon, knock yourself out, so to speak. What about reaffirm your mortgage? Reaffirming a debt re-instates your personal liability – just as...
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Hey, back to basics. All bankruptcy law is federal; all cases are filed in federal bankruptcy courts. But there are some state differences, as property law is state law. Just like divorce law is state law. Chapter 7 Bankruptcy Also called straight bankruptcy or liquidation...
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Some good news for most of us in the deal Congress finally reached – having waited for the election. Cash – Evictions – Unemployment- Foreclosures $600 cash for most of us. Can’t hurt, right? Except the federal government has to borrow yet more money to...
The post Creditor Harassment And Covid Relief appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Introducing a bill in a House controlled by one party, near the end of a lame duck session, when the other party controls the other House of Congress, is what I call virtue signaling. Nevertheless, we will take a short dive into the bankruptcy reform...
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Feeling lazy today, so plagiarized below with permission of my friend Cathy Moran. BY CATHY MORAN Share Tweet 0Share 1Pin 0Share I have bills I have to pay but no income. That despairing line was repeated over and over again in interviews with pandemic-furloughed workers...
The post Bills I Gotta Pay, But There’s A Pandemic Out There appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Folks always want to know, can I keep my car if I file bankruptcy? As always, it depends. It depends on what chapter of bankruptcy you file, Chapter 13 payment plan bankruptcy, or Chapter 7. It depends on how much the car, or other vehicle,...
The post What Happens To My Car In Michigan Bankruptcy? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
OK, not all debt collectors are rats. Just the ones I hear about. This week, an alleged process server, who leaves the number of a law firm and alleged court case number. They Lie Debt collectors are not under oath and not subject to criminal...
The post When Michigan Debt Collectors Call appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
What kind of question is that? How could filing bankruptcy help anyone get a mortgage? Had someone with this situation again this week. You Can NEVER Force Someone To Lend You Money Mortgage companies and other lenders are free to set their own standards,...
The post Filing Bankruptcy Help Get a Michigan Mortgage? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Bankruptcy petition preparers remind me. of the Monty Python “Spam, spam, spam, . . .” song, only, SCAM! SCAM! SCAM! Another one bites the dust. We have had lots of these in Detroit, this one worked in Illinois and Missouri. EAST ST. LOUIS • A woman from...
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OK, smart alec answer – Never! But that is not a choice when there is more going out than coming in. And you have assets to protect. File Bankruptcy To Protect Assets? Yes, and to protect income. Filing any chapter of bankruptcy stops all collection...
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