Sunday, March 1, 2015

Bankruptcy Meeting of Creditors

Approximately a week after you file your petition, you (and all the individuals you put in your bankruptcy petition) will receive a notification that a "creditors meeting" has been set. The bankruptcy trustee runs the hearing and, after swearing you in, will ask you questions about your assets and the documents you submitted. Your bankruptcy attorney will be at that hearing with you. In the large majority of Chapter 7 bankruptcies, this is the debtor's only visit to the courthouse.

For more information on our services, feel free to call one of our lawyers at our Grand Rapids' office at (616) 920-0555.

Wednesday, January 21, 2015

File Bankruptcy and Keep Your Car.


Most people who file for a Chapter 7 Bankruptcy, in Grand Rapids and West Michigan, are able to keep their vehicle.  In Michigan, people who file for Bankruptcy can file for Bankruptcy (Chapter 7 or Chapter 13 Repayment Plan) and exempt, by using federal law or Michigan law, a portion of the equity in their car.  Generally speaking, most people who file for Bankruptcy keep their vehicles.