Obviously, no person in Michigan plans on filing for bankruptcy. But sometimes life happens and unforeseen circumstances arise. In many cases, bankruptcy may be the best financial option left. Bankruptcy is often a life-changing experience. To make this experience a...

Month: January 2022
This mistake could mean inheritance for ex-spouse
Most Michigan estate planners do not intend for their ex-spouse to inherit money when they pass away. Despite these intentions, mistakes can be made that could result in an ex receiving money after one passes away. While there are state laws to prevent this, some...
Avoid these common mistakes when filing for divorce
The decision to end a marriage can be one of the most difficult decisions for a spouse to make. Regardless of the circumstances, a divorce can bring about much physical, emotional and financial stress. When going through such a tough experience, mistakes will happen....
What is the scope of discovery during a bankruptcy case?
In bankruptcy, as in all legal proceedings, there is a process called “discovery,” whereby evidence is presented and examined. Bankruptcy Rule 2004 usually governs what can be examined in a Michigan bankruptcy case. According to Bankruptcy Rule 2004, examinations in...
Creating a suitable business succession plan
For many entrepreneurs and small business owners in Michigan, maintaining a stable balance sheet and positive cash flow can be a continuous battle that consumes most of their time. Retirement or handing over the business are not often thought about. However, creating...