Maxwell Dunn PLC

Prior to filing a Chapter 13 bankruptcy, debtors generally undergo credit counseling – which helps ensure that they’re able to pay their creditors back with smarter spending habits – the development of a repayment plan, and paperwork reviewed and filed with the help of an attorney. Child support, alimony and some taxes are non-negotiable, and […]

If you are filing Chapter 7 bankruptcy in Michigan, you may be asked to sign a reaffirmation agreement that would apply to a certain asset, such as a car or a house. In Michigan, the Bankruptcy Code includes a provision that allows a creditor whose claim is secured by personal property to repossess that property […]

If a bill arrives in the mail marked “final notice,” you may want to try to work out some kind of payment plan before that loan or bill gets purchased by a debt collector. A creditor is the entity that initially extended credit and owns the original debt, such as a hospital, a credit card […]

A limited liability company (LLC) is a business made up of members, each of whom will ultimately have a limited liability for any debts that belong to the business, which essentially means their homes or savings accounts can’t be raided if the business goes under. The first LLC was established in Wyoming in the 1980s, […]

It’s important for businesses to serve all clientele, and meeting the needs of disabled clients is one of the most important things you can do to create a welcoming environment for everyone who visits your establishment. Under the Americans with Disabilities Act (ADA) – signed by President George H.W. Bush in 1990 – there are […]

Receiving an inheritance can make a world of difference in your financial situation, especially if you are struggling to pay your bills each month; but if it comes in the middle of a bankruptcy proceeding, things could get a little complicated. Bankruptcy laws are complex, and receiving an inheritance will likely play a part in […]

There are several different types of bankruptcy proceedings, and which one is best in a debt situation is usually determined by the specific circumstances of an individual or a business. In this blog, we outline the most common bankruptcy chapters to give you a better idea as to which one might fit your situation. Personal […]

Most often associated with Chapter 7 bankruptcy, the most common form of bankruptcy filed in the United States, the federal homestead exemption is part of the federal bankruptcy code that allows for a party filing for bankruptcy to keep all or some of the equity in his or her home. Generally, when filing Chapter 7, […]

Bankruptcy can be a complex process, but by putting a mediator in place – an option that’s especially well-suited for commercial bankruptcy filings, as long as legal counsel for both parties is on board – the process can have a successful outcome that’s more favorable to both parties. How does bankruptcy mediation work? Mediation is […]

Traditional bankruptcy can be a complicated process involving reams of records including lists of creditors, your debts and assets, proof of income, and meetings with a bankruptcy attorney who will go over your information and work with the courts to set a date for a judge to hear your case. Since court dockets can be […]