Michigan bankruptcy laws helps to understand the federal bankruptcy process along with
some of the common issues which pertains to Michigan residents.
If your expensive assets are not covered under Michigan bankruptcy laws exemptions and
you still wish to keep it then you can opt for chapter 13.
Profits of chapter 13:-
- You can keep your property safe if you are earning well
- In chapter 13 your payment can be reduced
- You have instant protection against creditors’ collection efforts and wage garnishment
- You can file your case more often