Johnson & McLoyd, PLC
Articles
Tax Refunds and Filing for Bankruptcy
Submitted By: Lander McLoyd On: Jan 14th 2011
Category: Bankruptcy Planning
Worrying about what will happen to your tax refund is a valid concern for people who are in bankruptcy or who are contemplating bankruptcy. The vast majority of people in Michigan who file for bankruptcy...
The Truth About "Pay Day" Loans and Filing for Bankruptcy
Submitted By: Lander McLoyd On: Jan 14th 2011
Category: Debt Relief
Debtors may be Eligible for Relief from Payday Loans in Bankruptcy. For those who are struggling to pay their bills and who are falling behind on monthly payments, payday loans may seem like an appealing option. Payday loans...
Why You Should Hire a Michigan Bankruptcy Attorney
Submitted By: Lander McLoyd On: Dec 3rd 2010
Category: Filing for Bankruptcy
When your financial situation has gotten out of control and you are considering filing for bankruptcy in Michigan, you should first stop and consider all the factors that go into doing so.
Overview of the Fair Debt Collection Practices Act
Submitted By: Lander McLoyd On: Dec 3rd 2010
Category: Debt Relief
You may have heard the horror stories of people so far in debt that they’re constantly being harassed by debt collectors. Phone calls, piles of collection letters, and even home visits are the common...
Means Test Used in Determining Bankruptcy Eligibility
Submitted By: Lander McLoyd On: Nov 7th 2010
After you decide you need to begin the process of filing bankruptcy in Michigan, you will likely be subjected to a Means Test, a tool to evaluate whether you are eligible to file based on your income. The United States...
Chapter 13 and the Means Test
Submitted By: Lander McLoyd On: Nov 7th 2010
Category: Chapter 13, Michigan
The means test is used for more than determining Chapter 7 eligibility; it is also used in Chapter 13 bankruptcy cases. Most debtors prefer to file Chapter 7 bankruptcy as it eliminates the need for repayment. However, when you...
Overview of Chapter 7 Bankruptcy in Michigan
Submitted By: Lander McLoyd On: Oct 13th 2010
Category: State Bankruptcy Law, Michigan
Making the decision to file for chapter 7 bankruptcy should only come after extensive research and consideration. You will need to evaluate your financial situation and your options to relieve your debt, and determine whether or not chapter 7 bankruptcy is necessary.
Discharging Student Loans through Bankruptcy
Submitted By: Lander McLoyd On: Jan 29th 2010
Category: discharge student loans, Bankruptcy Planning, Michigan
In these tough economic times, many college graduates have found themselves burdened with loans that they cannot afford to pay. As a result, many people call my law office...
Rebuilding Your Credit After Bankruptcy
Submitted By: Lander McLoyd On: Jan 21st 2010
Category: credit after bankruptcy, After Bankruptcy
The most common concern that folks have after filing for bankruptcy is how to rebuild their credit. The first step is to consider how you ended up in a situation where you needed to file for bankruptcy...
Keeping Property When Filing for Bankruptcy
Submitted By: Lander McLoyd On: Jan 4th 2010
Category: Chapter 7
A common misconception about filing for Chapter 7 Bankruptcy is that you will lose everything and have to start completely from scratch. When you file for Bankruptcy, your attorney...