Bankruptcy or Foreclosure Considerations

  In one of our earlier blog articles, the Lansing Bankruptcy Attorneys discussed the “American Dream”. The dream is to own your own home where you and your family can be free from the stresses of the outside world. But when you have to choose between heat and food or making your monthly mortgage payments, […]

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Michigan Bankruptcy Often a Result of Divorce

  What are the main reasons people give for why they filed for bankruptcy? Our experience handing Michigan Bankruptcy cases tells us that while there are several reasons to file bankruptcy, the most common reasons are: • Divorce • Death of a spouse • Medical bills • Loss of employment   Many people experiencing divorce […]

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Detroit to Exit Bankruptcy – Judge Approves Plan

  Detroit was the largest city in the US to ever file for bankruptcy, making this past week a rather momentous occasion in Michigan’s financial history. After a remarkably quick and efficient litigation process, which bankruptcy experts fully believed would take months or maybe even years, the city of Detroit is finally on it’s way […]

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Discharge of Federal Student Loans: Alfes Case Clarifies Sixth Circuit Position

  The U.S. Court of Appeals for the Sixth Circuit recently affirmed the district court’s judgment affirming the bankruptcy court’s order granting summary judgment (dismissal) in favor of a guarantor of student loans. The case is Alfes v. Educational Credit Management Corporation (ECMC) released on March 12, 2013.   Procedural History Here is an overview […]

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Twinkie Maker Files for Chapter 11 Bankruptcy

  Twinkie lovers were upset when they heard the news that Hostess, the Texas company that manufactures Twinkies, filed for Chapter 11 bankruptcy. As it turns out, Twinkie enthusiasts do not have to worry: Hostess has obtained financing to continue manufacturing the snack while restructuring their business under the Bankruptcy Code. The company cites a […]

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