Bankruptcy Attorneys in Waterford, Michigan
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 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 than ever. While the bankruptcy laws provide many debtors with some form of relief, the decision of what type you should file for is essential, and ultimately deciding to file for bankruptcy is one of the most important choices 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 Chapter 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 a Waterford & Clarkston bankruptcy lawyer that works with our attorneys on a regular basis.