ICLE | Handling Consumer and Small Business Bankruptcies in Michigan
Handling Consumer and Small Business Bankruptcies in Michigan

If you represent the consumer debtor, this book lets you:

  • Determine whether filing under Chapter 7 or 13 is the best course for your client
  • Understand the "means test" under Chapters 7 and 13

If you represent creditors, you will:

  • Maximize recovery for creditors when the debtor files a bankruptcy petition
  • File proofs of claim and handle the meeting of creditors with assurance
  • For small business creditors, learn how to address cash collateral issues, recover collateral or goods sold to the debtor, and deal with a Chapter 11 reorganization plan

If you represent a small business, you will:

  • Know all your client's options when their business is teetering on the edge
  • Correctly use the new Small Business Reorganization Act under the U.S. Bankruptcy Code
  • Determine if your client would qualify under the Small Business Reorganization Act
  • Understand how the debtor's business works in Chapter 11, obtain financing, and assume or reject contracts or leases

538 pages, 1-volume, 7x10 paperback. Includes a download of forms. Current to 03/01/20. Next update TBD. Subscription service available.

Fully searchable and continually updated. Citations link to Michigan caselaw, statutes, and court rules. Includes online index, downloadable forms, and summary of changes. Price is for a one-year subscription.

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