Attorneys Specializing in Bankruptcy Services
If you're looking for excellent service and a people-friendly approach, then you've come to the right place. At The Michigan Bankruptcy Law Centers our ultimate goal is to serve you and make your experience as stress free as possible. We will stop at nothing to ensure that you come away more than satisfied.
BANKRUPTCY SERVICES
A business or an individual should consider declare bankruptcy once they have ascertained that it has become impossible to meet their financial obligations. It can give you a chance to start over from a financial point of view, as most of debts are forgiven after bankruptcy has been filed.
Chapter 7, or liquidation bankruptcy, means that some of your property may be sold in order to pay your creditors. A reorganization bankruptcy can also involve the selling of assets, but more often than not you can keep most of your property and make payments over time.
Reorganization bankruptcies can be filed under the following guidelines:
- Chapter 9 municipalities
- Chapter 11 businesses and individuals with many assets
- Chapter 12 farmers, fisherman
- Chapter 13 individuals with steady income
- Chapter 15 international cases
Contact the Michigan Bankruptcy Law Centers, Zeke Bohikian (810) 494-7172 (Livingston, Oakland and Washtenaw County) or Kurt Steinke (586) 242-8802 (Macomb County) today to learn more about your options under the current bankruptcy laws. We are here to help.
