Waterford & Clarkston Bankruptcy Lawyer
Serving all of Waterford & Clarkston, including Clarkston, Davisburg, Waterford, Holly, White Lake, Milford, Highland, Commerce Township, Bloomfield Hills, Royal Oak, and all surrounding areas
Few things in life threaten a person’s self-confidence as much as a bankruptcy. During these difficult economic times, many responsible people are forced to consider bankruptcy. Recent changes to the bankruptcy code have made your choice of counsel more important then ever. While the bankruptcy laws provide many debtors with some form of relief, the decision of what type, and even if to file a bankruptcy is one of the most important you may ever make. If your situation calls for a “second chance” under Chapter 7, a reorganization of your personal debts under Chapter 13. , or the complete restructuring of your business enterprise under Chapters 11, the right legal advice is essential.
Bankruptcy is a highly specialized area of federal law. If your debts are becoming overwhelming, you should consider hiring an attorney that specializes in bankruptcy. Debtors need to move quickly on obtaining legal counsel. Creditors have many powerful tools available under the laws of the State of Michigan. Once a debtor files for bankruptcy, however, they are granted an automatic stay, which stops all creditor action, including foreclosure or repossession of property, the collection of debts and the execution of judgments.
If you are considering a bankruptcy filing, contact our firm and we will put you in touch with an Waterford & Clarkston bankruptcy lawyer that works with our attorneys on a regular basis.