Copyright © 2023 Wood & Associates PLLC. All Rights Reserved.
Disclaimer: The information contained in the website is for informational purposes only and not to be construed as legal advice.
Bankruptcy Services in Michigan
See The Light At The End Of The Financial Tunnel
Are you tired of getting nonstop calls from harassing creditors? Do you wish you could be pulled out of your crushing debt? If you can’t seem to get a solid footing on your finances, we can guide you through the bankruptcy process.
Our legal professionals have the skills and expertise needed to walk with you every step of the way. We’ll explain the difference between Chapter 7 and Chapter 13 bankruptcy before looking at your financial situation to determine which option fits your needs.
We offer attorney assisted Chapter 7 bankruptcy services starting at $895 as well as pro se bankruptcy starting at $395.
Call us today to schedule your first consultation for a sound financial future.
I can't say enough about how above and beyond Brigette Booser went for our family when we were in need of her legal counsel. She was very professional, compassionate, attentive, and incredibly intelligent."
Questions you may be asking:
If I file for bankruptcy before, how long is the waiting period before I can file again?
The answer to this question depends on the type of bankruptcy you have filed. If you have filed a Chapter 7 bankruptcy, you will have to wait 8 years before you can file another Chapter 7 bankruptcy.
If I own a home and file for bankruptcy, will I lose it?
Not necessarily, there are exemptions in the bankruptcy code that allow you to protect certain assets. When it comes to homes, the exemption applies to the “equity” in your home. How much the home is now worth then subtracting how much is owed on the mortgage or mortgages. If the exemption covers the equity, and you still have the means to pay your mortgage after bankruptcy, then the bankruptcy court will let you reaffirm your mortgage debt.
Can I own more than one vehicle and file for bankruptcy?
Yes, you can own more than one vehicle when your file for bankruptcy. However, there are limitations on the exemptions that can be used to protect your vehicles. One exemption can only be applied to one vehicle. While other exemptions do not apply to any particular asset and can be applied to the same or other vehicles.