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Bankruptcy


Bankruptcy Facts, Myths and Misconceptions

If you are struggling with debt, you may be thinking about filing bankruptcy. You may have heard several negative things about the bankruptcy process, some of which may be untrue. We can help you separate the myths from fact and ...

What Do I Get To Keep If I File Bankruptcy?

The first thing most people want to know when fling bankruptcy is how much property they are allowed to keep. The answer depends on what types of property you have, how much that property is worth, and the bankruptcy exemptions ...

When is it Time to File Bankruptcy?

The time to file bankruptcy is when your debt is taking over your life. You may be able to work out a payment plan with a creditor, but sometimes a person’s debt is so high that that repayment is virtually ...

What Debts can be Discharged in Bankruptcy?

Bankruptcy is an excellent tool to eliminate unsecured debt such as credit cards, medical debt, deficiencies resulting from foreclosure and repossession. These types of debts are discharged at the conclusion of the bankruptcy process in both Chapter 7 and Chapter ...

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Legacy Legal Group, PLC

126 East Front Street
Suite 2
Traverse City, MI   49684

Phone: (231) 941-5000
Fax: (231) 941-5000