Bankruptcy Law/Foreclosure

Bankruptcy is a system that allows a fresh start.  It eliminates medical bills, repossessions, garnishments, collection accounts

As attorneys practicing in the Eastern District of Michigan we have ten years experience and over one-thousand successfully competed bankruptcies. Are you facing medical bills, repossessions, garnishments or judgments that you cannot afford to pay?  If you are then Chapter 7 Bankruptcy may be a good option for you.  Chapter 7 Bankruptcy immediately stops all of these situations immediately when you file for Bankruptcy.

Chapter 7 Bankruptcy discharges your obligation to pay any of these debts back. We are proud to offer a very affordable price.

After your Chapter 7 Bankruptcy your fresh start begins.  You should begin to rebuild your credit. This can be done because your debt to income ratio is zero.

However, if you are facing the loss of your home or if you do not qualify for Chapter 7 Bankruptcy because you earn too much money,  If so you should consider filing for Chapter 13.

Chapter 13 is a type of bankruptcy that stops foreclosure and allows you to propose a plan to repay your mortgage often at a lower interest rate.  Many times you qualify to have the arrearage ( the missed payments and escrow account shortage) placed at the end of your loan.