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What are the Positive Aspects of Bankruptcy?
What are the Positive Aspects of Bankruptcy?

Being faced with a massive amount of debt can be an extremely overwhelming and frightening experience. If you do not have sufficient income to pay your obligations, the rising interest rates and the, you could very easily find yourself on the edge of financial ruin. ...

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Blog Posts in 2013

  • Can I File for Bankruptcy More Than Once?

    While it is possible for an individual to file for bankruptcy more than once, there are certain requirements which must be met. Each different form of ...

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  • Will Bankruptcy Destroy My Credit?

    One of the most common questions about filing for bankruptcy is whether or not filing for bankruptcy destroys credit. In all honesty, if you are at ...

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  • What to Expect When Filing for Chapter 7 Bankruptcy

    Are you drowning in debt? If so, you may significantly benefit from Chapter 7 bankruptcy. Unlike Chapter 13 bankruptcy, which could take anywhere from ...

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  • Five of the Most Common Myths about Bankruptcy

    If you have considered filing for bankruptcy, you may have found it difficult to separate the facts from the widely popularized misconceptions. For ...

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  • How Does an Emergency Bankruptcy Filing Work?

    While bankruptcy is most often used as a tool to eliminate debt, either quickly or gradually, it can also be utilized for its secondary advantages. ...

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  • Attorney Thomas Hensel Wins Lien Strip Action at Trial

    The legal team at Hensel Law Office, PLLC is proud to announce that Lead Attorney Thomas M. Hensel, Jr. was recently successful in winning a lien ...

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  • Michigan Bankruptcy Exemptions vs. Federal Exemptions

    If you have been losing an endless battle with debt, it may be time to consider filing for bankruptcy. While most people are hesitant to take this ...

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  • M is for Mortgage

    Do you have a Mortgage? Do you have more than one Mortgage? Is your Mortgage being foreclosed ? Are you trying to modify your Mortgage? Bankruptcy can ...

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  • L is for Lien Strip

    " Lien strip " has become a very popular bankruptcy term over the past 5 years or so – largely due to the dramatic decline in the value of real ...

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