Bankruptcy is a method of allowing a company to reorganize its debts and assets to put itself in better condition to continue business operations. However, when the debt is impossible, and the business cannot continue its operations, it will elect to file under Chapter 7. ...read more
Bankruptcy is something that the average person doesn’t start out in life thinking about, but sadly it’s becoming more common these days. This is due to the economic recession, job losses, downsizing and other things that are forcing many people to consider filing for bankruptcy for the first time. ...read more
The decision to file for bankruptcy should be weighed carefully, and should be a last resort once all other options have been exhausted. Though a chapter 7 filing essentially erases all debt included in the filing, bankruptcy has a lingering, and far-reaching impact to those who choose that route. ...read more
Filing bankruptcy may not be an easy thing to do for some people. Although it gives people a chance to start over financially, it can still be emotionally devastating. Bankruptcy laws are strict regarding debt. If you can repay some debt according to court findings, the chapter you must use may not be exactly what you expected. Understanding what you need to do when you file is important to putting your debt behind you. ...read more
Bankruptcy fraud is a crime in which a person falsifies documents in the bankruptcy process. Bankruptcy fraud is always a problem, but is even more so during a time of recession. If you know of someone committing bankruptcy fraud, it is your civic duty to report it to the proper authorities. ...read more
A Chapter 7 bankruptcy will appear on your credit report for a period of 10 years. Unfortunately, this means that your credit score will be lowered. Once the statute of limitations is past you will want to make sure that it is automatically removed from your credit report. If not, there are some steps that you will want to take in order to have it removed. ...read more
If you own a home and you're falling behind on mortgage payments, filing Chapter 13 bankruptcy is the best way to save your property. Chapter 13 bankruptcy will allow you to catch up on your delinquent mortgage balance in 3 to 5 years. After that, you'll be able to get the fresh start that bankruptcy offers. ...read more
Regardless of how meticulous you have been in the gathering of information and the preparation of your Chapter 7 Bankruptcy Petition, sometimes mistakes or omissions are made. In the event an error or omission is found, it needs to be rectified in your petition as quickly as possible. Modifying the petition is not difficult and may be the difference between a successful or an unsuccessful result. ...read more
There are thousands of people who are forced to declare bankruptcy every day. It is nothing to be ashamed of because sometimes things are just beyond your control and you are forced to do something to survive. If you have lost your job and your bills are just more than you can handle, you should probably consider filing for Chapter 7 bankruptcy. ...read more
Your Social Security income can have a significant impact on Chapter 13 bankruptcy filings. Before you file, it is important that you have a basic understanding of the impacts your Social Security income may have on your Chapter 13 plan. Make sure you have all of the facts so you can make the process as smooth as possible. ...read more
By TRACY P. January 19, 2011
THIS IS THE REAL TRACY P. my ex-wife wrote the bad review about arthur because he got me joint custody of my child with no support. Arthur is still my attorney as well as a good friend he also is my mother and brothers attorney. Arthur has my cell number and he can call me while your in the office and i will answer any questions that you have, thank you ...read more
By David January 03, 2011
I highly recommend Arthur Brand to anyone in need of an attorney. He's been around for a long time and he knows what he's doing. He's the best attorney around. ...read more
By Sarah Nicks January 03, 2011
Mr. Brand is one of the most caring attorneys in Michigan! He worked hard for my case and we won!!! Also, he has over 38 years of experience so I know he knows the law . You can see when you go into the courtroom with him that he has the respect from the court/staff. I would HIGHLY recommend this attorney to EVERYONE!! ...read more