Bankruptcy Attorney

Michigan.

August 24, 2010

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Bankruptcy News

Undergo Credit Counseling Before Filing For Bankruptcy

Approval Process for Credit Counseling and Debtor Education Courses United States Bankruptcy Administrator Program

United States bankruptcy administrators in Alabama and North Carolina are accepting applications for approval of credit counseling agencies or debtor education course providers as required by the Bankruptcy Abuse and Consumer Protection Act of 2005 ("2005 Bankruptcy Act").

The 2005 Bankruptcy Act requires all individual debtors who file bankruptcy on or after October 17, 2005, to undergo credit counseling within six months before filing for bankruptcy relief and to complete a financial management instructional course after filing bankruptcy.

The 2005 Bankruptcy Act directs the bankruptcy administrator to assess and approve credit counseling agencies and debtor education course providers, according to statuory criteria, and requires the Clerk of Bankruptcy Court to maintain a publicly available list of approved credit counseling agencies and debtor education course providers.

Contact Michigan lawyers today and get a free consultation!

Did You Know?

There are defined legal debtor rights
Debtor-creditor law governs situations where one party is unable to pay a monetary debt to another. While you have an obligation to pay your bills on time, there are laws to protect your rights if you should find yourself being pursued by a debt collection agency.

	Newsroom
	News about Bankruptcy in Michigan and nationwide: Delaware Bankruptcy Court's Grants New Hampshire's Request for $100,000 to Pay Accrued Delaware Bankruptcy Court's Grants New Hampshire's Request for $100,000 to Pay Accrued Vacation Time to CCT WorkersCONCO... Read more > Civil Enforcement Coordinators Appointed For U.S. Trustee Program WASHINGTON, D.C.-Antonia Darling and Mark Redmiles have been appointed Civil Enforcement Co-Coordinators for the U.S. Trustee Program, it was annou... Read more > U.S. Trustee Program Launches Bankruptcy Civil Enforcement Initiative WASHINGTON, D.C. The United States Trustee Program has launched an initiative to more aggressively use existing civil enforcement methods to curb a... Read more > More Bankruptcy News >

Bankruptcy Terms

Today's Terms

Default

Definition:
The failure by an entity to abide by the covenants in a debt obligation or other agreement to which it is a party. The most common default is non-payment of interest or principal.

Voluntary bankruptcy

Definition:
Bankruptcy filed by the debtor itself; data from the U.S. Administrative Office of the Courts subdivides bankruptcies into voluntary and involuntary.

Avoidance power

Definition:
The power of the court to invalidate certain obligations or transactions undertaken by a debtor prior to filing bankruptcy.

More Bankruptcy Terms >

Bankruptcy Resources

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Bankruptcy Hot Topics

Topics Related to Bankruptcy:

Chapter 7
Chapter 13
Chapter 11
Chapter 12
Chapter 9

Michigan Bankruptcy Attorney

If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

Adrian
Ann Arbor
Battle Creek
Bay City
Belleville
Canton
Clinton Township
Dearborn
Dearborn Heights
Detroit
East Lansing
Flint
Grand Blanc
Grand Rapids
Hamtramck
Highland Park
Holland
Howell
Jackson
Lansing
Lincoln Park

Livonia
Macomb
Mount Pleasant
Muskegon
Niles
Northville
Plymouth
Port Huron
Redford
Rochester
Roseville
Saginaw
Sterling Heights
Taylor
Traverse City
Trenton
Troy
Warren
Westland
Wyandotte
Ypsilanti

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