Bankruptcy

Recent Posts

Archives

Do I Need a Lawyer to File for Chapter 7 Bankruptcy in Michigan?
Bankruptcy

If you are experiencing financial problems, you may be considering filing for bankruptcy in Michigan. In addition, you may be thinking about filing without an attorney to save money – after all, if you are considering bankruptcy, there is a good chance that you want to cut costs wherever possible. It is always in your […]

Apr 1, 2024
Can I File for Bankruptcy on My Own in Michigan?
Bankruptcy

Yes – you can file for Chapter 7 or Chapter 13 bankruptcy without an attorney in Michigan. However, given the complexities of the bankruptcy process, it is best to work with an experienced bankruptcy attorney. If you are considering bankruptcy, you probably feel the stress and uncertainties of financial instability. Let an attorney from Marrs & Terry, PLLC, […]

Mar 21, 2024
What Is the Average Cost of Bankruptcy in Michigan?
Bankruptcy

If you are thinking about filing for bankruptcy in Michigan, it is understandable to be worried about the actual expenses involved. Finding extra money for these fees is a challenging task if you are already struggling to make ends meet. Here is what you need to know about what you can expect to pay when going […]

Mar 18, 2024
Is there an Income Limit for Filing Chapter 7 Bankruptcy in Michigan?
Bankruptcy

Debtors who want a clean slate from extensive debt may file for Chapter 7 bankruptcy. However, the law restricts eligibility for Chapter 7 bankruptcy to debtors whose income falls below certain thresholds. What Is Chapter 7 Bankruptcy? The Bankruptcy Code provides several mechanisms for resolving debts, including Chapter 7. Under Chapter 7 bankruptcy, also called […]

Mar 5, 2024
Bankruptcy in Michigan
Bankruptcy

Understanding Your Options and Path to Financial Recovery There are few things more overwhelming than facing financial hardships. When you are busy trying to make ends meet and get out of debt, spending time to consider bankruptcy is sometimes the last thing on your mind. At Marrs & Terry, PLLC, we understand the complexities and […]

Nov 28, 2023
Do You Need a Lawyer to File for Chapter 7 Bankruptcy in Michigan?
Bankruptcy

If you are experiencing financial problems, you may be considering filing for bankruptcy in Michigan. In addition, you may be thinking about filing without an attorney to save money – after all, if you are considering bankruptcy, there is a good chance that you want to cut costs wherever possible. It is always in your […]

Nov 28, 2023
Bankruptcy and Your Credit Score: The Impact Explained
Bankruptcy

Are you struggling with debt and considering filing for bankruptcy? Many people hear the term bankruptcy and immediately hesitate, feeling that it will ruin their ability to make large purchases in the future. Worrying about how filing for bankruptcy will affect your credit score is understandable. After all, you are considering your options to make […]

Jun 13, 2023
Credit card debt can become an inescapable trap
Bankruptcy

Many Michigan residents fall into inescapable debt when they use their credit cards to cover basic expenses after suffering a financial setback. According to the U.S. Federal Reserve, revolving debt in the United States increased by 1.5 percent to $1.037 trillion in July despite a thriving economy and historically low unemployment figures. Consumers sometimes take […]

Oct 24, 2018