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Bankruptcy & Student Loan Relief

What are the Limitations on Debt Amounts in a Chapter 13 Bankruptcy?

October 19, 2011March 30, 2023 Mike Shovan

The Bankruptcy Code imposes certain limitations on the Chapter 13 Plans.  Those limitations relate to the amount of debt you can have and still file

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Bankruptcy & Student Loan Relief

How Often Can I File for Bankruptcy in Michigan?

October 1, 2011March 30, 2023 Mike Shovan

The rules on filing bankruptcy are all founding the Bankruptcy Code. The time frame are all based on filing date to filing date (as opposed

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Bankruptcy & Student Loan Relief

What is an Emergency Bankruptcy Filing and how is it done?

September 18, 2011March 30, 2023 Mike Shovan

Filing an emergency bankruptcy can stop a foreclosure sale, a forfeiture, repossessions and garnishments.

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Bankruptcy & Student Loan Relief

What kind of issues would you consider when trying to decide whether to convert a Chapter 13 to a Chapter 7 bankruptcy vs dismissing the Chapter 13 and refiling a new chapter 7?

August 18, 2011March 30, 2023 Mike Shovan

There are a number of factors that must be taken into consideration including the following: 1. Time since prior discharge. 2. The Means Test. 3.

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Bankruptcy & Student Loan Relief

Can payroll or unemployment taxes be discharged in a bankruptcy?

July 26, 2011March 30, 2023 Mike Shovan

It depends.  Payroll or employment taxes are comprised of two parts which include the following: 1.  The employer portion; and 2. The employee portion. The

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Bankruptcy & Student Loan Relief Discharge Student Loans

Will a Bankruptcy Effect a Student’s Eligibility for Student Loans?

July 21, 2011March 30, 2023 Mike Shovan

Generally, a bankruptcy should have no impact on eligibility for federal student aid.  However, most bankruptcies will impact the eligibility for a private loan.

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Bankruptcy & Student Loan Relief

Glossary of Bankruptcy Terms to help you understand the process

May 28, 2011March 30, 2023 Mike Shovan

I put together this list of the more common terms that you might run across in your bankruptcy. Don’t hesitate to call me anytime. Don’t

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