On behalf of Babut Law Offices, PLLC | Apr 20, 2020 | Bankruptcy
Although the Affordable Care Act was designed to help minimize medical costs and ensure all Americans have access to affordable insurance options, millions of Americans suffer from medical debt. Whether they have recently been diagnosed with a chronic medical...
On behalf of Babut Law Offices, PLLC | Mar 31, 2020 | Bankruptcy
Once you have made the decision to file bankruptcy, there are many aspects of the process that you want to be aware of. For example, different varieties of bankruptcies have different stipulations regarding keeping your current property. Many people worry that they...
On behalf of Babut Law Offices, PLLC | Feb 27, 2020 | Bankruptcy
Many people who are looking at filing personal bankruptcy wonder if Chapter 7 or Chapter 13 bankruptcy is the better option. There are many things to consider when choosing the right bankruptcy plan for you. According to Credit Karma, you are likely to clear your...
On behalf of Babut Law Offices, PLLC | Jan 27, 2020 | Bankruptcy
The key dates in your filing is the date you actually file your case. That is actually considered the dates that the order for relief is granted. According to US Courts, from that moment on, you are protected from your creditors. They can not call you, sue you, harass...
On behalf of Babut Law Offices, PLLC | Jan 6, 2020 | Bankruptcy
Tired of receiving a near-constant barrage of communications from creditors looking to collect what you owe them? You are not alone. Many people across Michigan are struggling to stay on top of their finances, and some of those people find that filing for bankruptcy...
On behalf of Babut Law Offices, PLLC | Aug 31, 2019 | Bankruptcy
Do you feel like you have lost control of your debt? If you struggle to make monthly payments and have limited income left over after paying bills, you may still hesitant to file bankruptcy because of concern over your credit score. Although a bankruptcy will...
On behalf of Babut Law Offices, PLLC | Aug 19, 2019 | Bankruptcy
No one need tell you that Michigan has seen some hard economic times in recent years. This is particularly true if you are a senior citizen relying on Social Security as your main or only source of income. The New York Times reports that nationwide, gray bankruptcy,...
On behalf of Babut Law Offices, PLLC | Jun 20, 2019 | Bankruptcy, Firm News
If your financial situation continues to worsen, and you’re unsure of what to do next, take a step back and learn more about Chapter 7 bankruptcy. While it’s not the right answer to everyone’s financial problems, it may be just what you need to...
On behalf of Babut Law Offices, PLLC | Jun 4, 2019 | Bankruptcy, Firm News
There are many benefits to filing for bankruptcy, such as the ability to eliminate (Chapter 7) or reorganize (Chapter 13) your debt. However, you don’t want to proceed until you compare both the pros and cons, as this will allow you to best plan for the future....
On behalf of Babut Law Offices, PLLC | Apr 26, 2019 | Bankruptcy, Firm News
If your financial situation takes a turn for the worse, it’s critical to list out all the strategies you can employ to get back on track. It’s not always easy to dig your way out of a financial hole, but there’s never a good time to give up....
