West Michigan Consumer Bankruptcy Lawyers
Individuals can file for consumer bankruptcy protection under Chapter 7, Chapter 11 and Chapter 13 of the bankruptcy code. If you are facing home foreclosure, wage garnishment or vehicle repossession, you may be considering personal bankruptcy.
In a Chapter 7 bankruptcy, all of the petitioner's dischargeable debts are eliminated. Secured creditors, such as the banks holding mortgage and car loans, must continue to be paid if the petitioner is going to keep the property. Petitioners filing under Chapter 7 must qualify under a "means test" calculation.
If an individual does not qualify to file for consumer bankruptcy under Chapter 7, they may decide to file under Chapter 13. In a Chapter 13 proceeding, a payment plan is implemented to pay back creditors at least part of what they are owed.
Bankruptcy law is confusing and complex, especially in light of the recent changes enacted in the fall of 2005. Our experienced consumer bankruptcy attorneys will protect your interests and make sure there are no errors or missteps in your filings.
You may contact us by phone at 616-364-2100 or by e-mail.
We are a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code.
