Are you considering filing bankruptcy in michigan? The economy of the past several years has been hard on a lot of people, and if you have debts that you are no longer able to pay off, filing for bankruptcy could get you out of a bad situation. Find a Michigan bankruptcy lawyer today and start taking control of you life back.
If you think that bankruptcy could be a good solution for you, you have several options. However, if you are already falling behind on your bills, you should seek help or file quickly, because it could be possible for you creditors to force you into bankruptcy proceedings. If you have a regular income, you can file a Chapter 13 bankruptcy, which allows you to pay off your debts at a reduced rate without selling much of your possessions. If you are concerned about losing your home, our foreclosure attorneys in michigan might be able to help you. Filing Chapter 13 bankruptcy Michigan is one of the gentler ways to go through bankruptcy.
If you are unemployed, a Michigan bankruptcy lawyer could help you file for a Chapter 7 bankruptcy, or liquidation. In this sort of proceeding, a debtor sells things that they own to pay off their debts at a reduced rate. However, certain things are protected from sale so that the debtor avoids destitution. Filing Chapter 7 Michigan may seem tough, but it will get you out of your debts and help you get you back on your feet.
If you need help out of a tough situation, a Michigan bankruptcy lawyer may be able to assist you.