5 Steps to recover from Bankruptcy Some individuals fear bankruptcy, others grip it, and numerous individuals suppose it is a simple way out. It is truly none of the aforementioned. Bankruptcy must be seen as the last resort and …
The merits of hiring a bankruptcy attorney lawyer in Detroit-Michigan
The Pros of Hiring a Bankruptcy Attorney A bankruptcy lawyer can be described as a legal professional who will guide and counsel you with respect to your financial state. The attorney at Detroit bankruptcy lawyer has been practicing bankruptcy for …
Famous People Who Have Filed Bankruptcy
Phineas Taylor Barnum (P.T.) – founder “The Greatest Show on Earth” Lionel Bart – British composer-lyricist-playwright Kim Basinger – Oscar-winning actress L. Frank Baum – Author, famous for the Wizard of Oz Jay Black – rock star, lead member of …
What is Lien Stripping?
Lien stripping is a way of eliminate second mortgage and/or home equity lines. With the decline in housing values, lien stripping has becomes more prevalent in Chapter 13 bankruptcy filings. A lien strip allows us to transform a secured second …
The 3 Reasons Most People File for Bankruptcy
You don’t have to be psychic to know why you are in our office. Most people are not “deadbeats” or “people who just spend too much” they aren’t “immature and irresponsible”. Bad stuff happens to good people. Plain and simple. …
You retained our office for bankruptcy. What’s next?
So you have retained our office for bankruptcy. What happens next? When you retain with our office you will be given some information. Most importantly you will receive the homework package, a document checklist, and credit counseling information. The homework …
How Soon Can I File Bankruptcy Again?
We get asked this all the time. There are a series of time constraints on when you can file another bankruptcy if you have had successfully discharged bankruptcy. Here’s how it goes: From date of FILING Chapter 13 to Chapter …
What is a reaffirmation agreement?
Even if a debt can be discharged, you may have special reasons why you want to promise to pay it. For example, you may want to work out a plan with the bank to keep your car. To promise to …
Bankruptcy Information
You can choose the kind of bankruptcy that best meets your needs (provided you meet certain qualifications): Chapter 7 – A trustee is appointed to take over your property – you can think of them as protecting the best interest …
Why Hire An Attorney
An Attorney Can Only Show You The Right Track The rules governing bankruptcy are complex. There are many documents which need to be filed and numerous deadlines to be met. Many debtors who start their cases without legal representation …