Blog Posts in 2014

  • 17-Nov-2014

    Save Your House from Foreclosure

    As the birthplace of the American automobile industry, Detroit has always been a great place to raise a family. The dream of homeownership in this city has been threatened by the high rate of mortgage foreclosures across the state. Owning a home in ...
  • 4-Nov-2014

    Bankruptcy After Divorce

    One of the biggest adjustments to life after divorce is making due with just one salary. Sometimes your bills become too oppressive and you find yourself with extensive debt. In this case, bankruptcy can be a viable means of clearing your debt and ...
  • 24-Sep-2014

    How to Have a Successful Chapter 13 Bankruptcy

    Unlike Chapter 7 bankruptcy, Chapter 13 claims are not designed to eliminate a person's debt; rather, they enable a claimant to restructure their finances and begin paying off their debt. A Chapter 13 case typically takes around 60 months, during ...
  • 10-Sep-2014

    How Long Does a Chapter 7 Case Last?

    If you are trapped in debt and your income is below the median, you may be able to file for Chapter 7 bankruptcy. This process will allow you to eliminate certain types of debt and resume life without the stress caused by years of accumulated debt. ...
  • 14-Jul-2014

    Our Firm vs. a Bankruptcy Mill

    You may hear many of their ads blasting on the radio or TV. You may also have heard of the incredible number of bankruptcy cases they have churned out. Unfortunately, these could be a couple of the danger signs of a bankruptcy mill, a law firm that ...
  • 2-Jun-2014

    Small Business and Bankruptcy

    Are you a small business owner who is currently struggling to keep up with financial obligations? Are you being threatening with legal action or worried that you will be unable to maintain operations? If so, you may want to consider bankruptcy as a ...
  • 26-May-2014

    What to Avoid Before Filing Bankruptcy

    Making the decision to file for bankruptcy will likely prove to be a significant turning point in your life. The actions you take immediately after making such a decision will have a direct impact on the success of your case and its overall outcome. ...
  • 20-May-2014

    What Doesn't Bankruptcy Do?

    If you are wondering whether bankruptcy is right for you, it is important you not only understand what bankruptcy does do, but what it doesn't do as well. Bankruptcy is not an end-all solution to financial debt. 1. Individuals who have an ...
  • 12-May-2014

    How Does Bankruptcy Discharge Work?

    Being weighed down under a significant amount of debt can leave a person feeling stressed out, unsure of his or her rights and wondering whether there are any legal options that can be pursued. Filing for bankruptcy is an extremely effective way for ...
  • 5-May-2014

    Does Bankruptcy Stop Creditor Harassment?

    When an individual is unable to keep up with financial obligations, the last thing that individual needs is to have creditors calling at all hours of the day, making threats and engaging in unethical collection tactics to try and force him or her ...
  • 25-Apr-2014

    Will Filing Chapter 13 Help Me to Keep My Home?

    Owning your own home is a major life accomplishment. While there is nothing quite like being able to buy a house you can call your own, purchasing a home is a long-term financial commitment. While you might have been able to afford the mortgage ...
  • 17-Apr-2014

    Will Bankruptcy Get Rid of Lawsuit Judgments?

    If a creditor has been able to win a lawsuit and obtain a judgment against you, you may be wondering whether there is any way to get rid of that lawsuit judgment by filing for bankruptcy. The lawyers here at Marshall D. Schultz have handled thousands ...
  • 11-Apr-2014

    Will Bankruptcy Wipe Out All Of My Debts?

    If you are considering bankruptcy as an effective way to eliminate that debt, a bankruptcy attorney from our law offices will be able to let you know what portion of your debt may be eligible for discharge through bankruptcy. Our attorneys do not ...
  • 18-Mar-2014

    If I Cannot Pass the Means Test, Can I Still File for Bankruptcy?

    One of the most common misconceptions people have about bankruptcy is that they will be unable to file for bankruptcy if they cannot pass the means test. That is simply not true. Bankruptcy is available to almost any individual who wants to clean ...
  • 12-Mar-2014

    My Creditor Has Filed a Lawsuit Against Me. What Should I Do?

    When an individual obtains a loan, takes out a mortgage on a house, acquires a credit card or purchases any item with deferred payments, he or she has a legal responsibility to the creditor to fulfill the agreed-upon terms of that financial ...

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