Michigan Bankruptcy Law News and Trends

Build your law practice by keeping informed on news of bankruptcy laws in Michigan

Attorneys in Michigan have a strong motivation to stay informed on Michigan bankruptcy law news and trends. Attorneys must keep track of the latest rulings in cases involving Michigan bankruptcy law. The state may alter its procedures at any time, which may change the way bankruptcy attorneys do their jobs. Attorneys also may want to know what the general public is saying about bankruptcy law, in order to correct any misconceptions their clients may have.

The best sources of information on news and trends for state of Michigan bankruptcy laws may be grouped into the following three categories:

1. State websites on business bankruptcy laws in Michigan. These sites are the best source of official procedures or court rulings on Michigan bankruptcy law.
2. Independent sources of news on Michigan bankruptcy laws, such as blogs, magazines and newspapers. These sources are the most likely to provide news and opinions on bankruptcy law that do not rely on any particular business or lobby group.
3. Legal professionals. Bankruptcy attorneys may be able to provide inside news and information on bankruptcy law.

 

Review state websites to get official news and information on Michigan business bankruptcy laws

Michigan government websites are the best places to get the latest news about Michigan bankruptcy law. A Michigan government website also may publish the state statutes to help attorneys stay informed on the latest legislation that relates to Michigan bankruptcy law.
Try: The United States Bankruptcy Court for the Western District of Michigan provides current news bulletins, including proposed rule changes. The United States Bankruptcy Court - Eastern District of Michigan keeps a running list of notices and updates on bankruptcy law in Michigan.

Study independent sources of news and trends on Michigan business bankruptcy laws

Universities, law libraries and news outlets frequently report on recent court cases and legislative updates on Michigan bankruptcy law. Attorneys also may keep blogs or journals on bankruptcy law in Michigan.
Try: Second Start provides the bankruptcy exemptions that Michigan allows for a chapter 7 and chapter 13 bankruptcy. Michigan Bankruptcy Lawyer provides a recent post on the bankruptcy process in Michigan.

Get inside news on bankruptcy law from Michigan bankruptcy attorneys

A bankruptcy lawyer in Michigan frequently has information on Michigan law that is unavailable elsewhere. Bankruptcy attorneys may publish newsletters or full length articles on a particular aspect of bankruptcy law in Michigan.
Try: Barnes & Thornburg is located in Michigan and provides a variety of current publications, including "Norton Annual Survey of Bankruptcy Law." Jaffe is a bankruptcy law firm in Michigan that tracks legal updates such as "Chapter 11 and Business Bankruptcy Amendments."

 

• Michigan bankruptcy laws are specified in Title 11 of the United States Code and are typically identified by the relevant chapter. For example, a Chapter 7 bankruptcy is a basic liquidation of individual assets and comprises the majority of bankruptcies for individuals. The second most common bankruptcy for individuals is a Chapter 13 bankruptcy, which is designed for individuals with a source of income who can make regular payments.

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