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Can the Loan Modification Program be Saved?

January 28, 2012 Mike Shovan

Following the lead of several Bankruptcy Courts across the country, Local Chapter 13 Trustee Thomas W. McDonald Jr. has proposed a Mortgage Modification Mediation program

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The Mortgage Debt Relief Act Prevents You From Getting Taxed on Discharged Mortgage Debt

January 25, 2012 Mike Shovan

The Mortgage Debt Relief Act of 2007  – which was extended through 2012 – allows taxpayers to exclude income from the discharge of debt on

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Bankruptcy & Student Loan Relief

Can Federal 1040 Income Taxes be Discharged in a Chapter 7 Bankruptcy in Michigan?

January 12, 2012March 30, 2023 Mike Shovan

Michigan Bankruptcy and 1040 Income Taxes. Yes, provided the 5 following rules are met: 1.  The taxes at issued must be 1040 Income Taxes. Taxes

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Scam Alert – Global Client Solutions & The World Law Group rip off Michigan couple!

January 8, 2012March 30, 2023 Mike Shovan

Michigan Bankruptcy SCAM ALERT. I just retained a client who had been scammed by Global Client Solutions based out of Tulsa Oklahoma and The World

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Bankruptcy & Student Loan Relief

Michigan Bankruptcy- In Chapter 13 Can You Choose Between Paying a Set Fee or On An Hourly Basis?

December 27, 2011March 30, 2023 Mike Shovan

Michigan Bankruptcy Fee or Hourly Basis Fee. Each 2016(b) statement provides for compensation to be either a stated flat fee; or payment of a stated

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Bankruptcy & Student Loan Relief

Bankruptcy in Michigan- What happens if you fail to include a creditor in your bankruptcy in Michigan filing?

December 27, 2011March 30, 2023 Mike Shovan

Michigan Bankruptcy Failure to list Creditor. Any time you correct or add a creditor to your michigan bankruptcy matrix you want to send them a

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Bankruptcy & Student Loan Relief

Bankruptcy Michigan – What happens to the rent money when your rental property is foreclosed on in Michigan?

December 27, 2011March 30, 2023 Mike Shovan

Michigan Bankruptcy and Rental Property Rent Money. After you file for bankruptcy in Michigan, the rents from your rental property become property of the estate.

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