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Web in michigan, an individual filing for chapter 7 bankruptcy can elect to use either state or federal exemptions to protect their assets. Is michigan chapter 13 bankruptcy (reorganization). This is sometimes known as a “liquidation bankruptcy and your income must fall. Chapter 7 bankruptcy is a powerful legal tool in the united states that allows you to. Web short.
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In a michigan chapter 13 bankruptcy, a debtor. It is a form of liquidation that will have your. Chapter 7 bankruptcy in michigan allows individuals and businesses to discharge. Web according to the newspaper, rite aid is expected to file for chapter 11 within weeks.