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April 2013 Archives

Experimental car company faces hearings as it mulls bankruptcy

As the cost of oil and other natural resources continues to rise, there has been a growing effort to look for alternative forms of energy and transportation. As such, the federal government has been offering assistance to startup companies looking to be part of the solution. One of those businesses, electric-hybrid car manufacturer Fisker Automotive has run into financial trouble and is considering bankruptcy, a development that may interest many in Detroit's business community.

April is a perfect time to explore debt relief options

In addition to the income tax filing deadline, April is national Financial Literacy Month. While many Michigan residents have dealt with financial concerns over the last several weeks, they may also be looking for a way to solve their persistent debt problems.

In a rare move, court discharges student debt in bankruptcy

Recent college graduates keenly understand how difficult it can be to deal with student loan debt at a time when the job market in Michigan is still recovering. Yet when individuals fall behind on bills and they decide to file for personal bankruptcy, it's unlikely they will be able to discharge their student loans.

How will changes to trustee audits affect personal bankruptcy?

When Detroit residents make the decision to file for personal bankruptcy and submit the necessary documents, the U.S. bankruptcy court assigns a trustee to their case. This individual works between the filers and the court to help oversee bankruptcies. Although the trustee helps see the bankruptcy process through, they aren't acting on behalf of the indebted person.

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    Posted by MaryDecember 11, 2015

    "I am overwhelmed by your response to my call, even 10 years after my bankruptcy was discharged. You have more knowledge and expertise than I could have imagined. Because of you, my fears have been put to rest. For that, I'm so very grateful. Thank you many times over. "

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    Posted by ClientOctober 26, 2010

    "... I was extremely impressed with Charles' understanding of the bankruptcy laws to the extent that I felt certain that my best interests were always at the forefront. "

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    Posted by MarleneJanuary 8, 2014

    He helped me thru my 1st bankruptcy and now the second. I had no idea what to expect , but they kept me informed and answered all my questions. Mr. Schneider is the most experienced and knowledgeable lawyer I have ever met. If you have to file call this attorney first!

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