When you consider filing for bankruptcy in Metro Detroit, you want to know that you are getting advice from an attorney who understands how the bankruptcy system in Michigan works, someone who respects bankruptcy law and its power to help people get a fresh start in their financial lives.
At the bankruptcy law firm of Gold Lange, Majoros, & Smalarz, P.C., our attorneys can provide you with that kind of expert bankruptcy guidance. With more than 130 years of combined experience between us, we know when bankruptcy will work for you and when it won’t. When it won’t, you can rely on our lawyers as experienced and thoughtful bankruptcy professionals to point you in the direction of any one of a number of bankruptcy alternatives that are right for you.
While any recommendation of legal action can only be made after personal consultation with an attorney, we generally find that people will benefit from chapter 7 bankruptcy if they face certain types of obstacles, such as:
A Chapter 7 bankruptcy can eliminate popular debt balances from credit card debt and medical debt. It can also help eliminate debt and reject contracts associated with your business. Even with student loans (which generally cannot be eliminated in bankruptcy except under very rare circumstances), a bankruptcy can be used to eliminate other debts, thereby freeing up money to pay those loans and avoid a default from the borrower.
You’ve worked a long time to accumulate assets to help you live your life and even enjoy retirement. The perceived setback of having to file for bankruptcy creates a common myth among those in debt that they stand to lose everything they have worked for. Yet nothing could be further from the truth.
Using the bankruptcy process in Michigan, our expert bankruptcy lawyers work to protect the vital assets you have worked for from collection and garnishment actions.
Assets that can make it through the bankruptcy process unharmed and untouched include:
However, not all bankruptcy lawyers are as diligent as those in our firm. Pursuing offers for cheap, easy, or even free bankruptcy representation can come at a tremendous long-term cost and devastating financial consequences for the client.
“Stuart Gold and his assistant Toni Willis were both outstanding in helping me. They kept me informed of the process all along the way, and made sure I understood everything. They are easy to reach if you have questions, and if you leave a message you get a call back promptly. If you need a lawyer he is the man!”
Schedule your free initial consultation with our team by calling (248) 462-7698. You can also contact us online.
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