PERSONAL BANKRUPTCY ATTORNEY - GRAND RAPIDS MI
If you are looking for a personal bankrutpcy attorney in the Grand Rapids, MI area - we can help you. Personal bankruptcy is bankruptcy for indivduals. The typical options are chapter 7 bankruptcy and chapter 13 bankruptcy. Personal bankruptcy—unlike a business bankruptcy—allows an individual or married couple to get out from under burdensome consumer debt incurred for family, household, or personal purposes. Both Chapter 7 bankruptcy and Chapter 13 bankruptcy are personal bankruptcy chapters that effectively provide individuals with a fresh financial start.
Personal Bankruptcy Stops Collection Activity
Once you file for bankruptcy, the court issues an order—known as an automatic stay that prohibits creditors from contacting you. The automatic stay can stop your house from being sold at auction, prevent your employer from deducting wages from your paycheck, and excuse you from a mandatory attendance at a deposition or other lawsuit-related appearance. It’s a powerful tool.
Getting out from under debt is the primary reason people file personal bankruptcy.
After filing for bankruptcy, all collection actions, including the following, must come to an abrupt halt:
- creditor calls and letters
- vehicle repossessions
- wage garnishments
- foreclosures, and
- lawsuits seeking monetary reimbursement.
The reprieve might be temporary, however. Even though filing for bankruptcy stops creditors in their tracks, it doesn’t fix all problems. For instance, a lender can ask the court for permission to lift the automatic stay and proceed (continue) with a foreclosure sale or lawsuit. The court will likely grant a mortgage lender’s request if the filer can’t bring the payments current and the property lacks equity that could be used to cover the missed payments.
Personal Bankruptcy Wipes out Certain Debts
Getting out from under debt is the primary reason people file for personal bankruptcy. The debt that you can discharge (wipe out) includes:
- credit card bills
- medical bills
- utility bills
- personal loans, such as payday loans, and
- gym memberships.
Bankruptcy doesn’t get rid of all debt, however. For instance, filing for bankruptcy won’t relieve you of past due domestic support obligations, such as spousal or child support. Additionally, most back taxes, student loans, and fines and penalties owed to the government are not discharged in bankruptcy—although exceptions exist.
The bankruptcy attorneys at Krupp Law Offices PC can answer your bankruptcy questions. Best of all we are a local Grand Rapids MI law firm. If you are facing financial problems, a personal bankruptcy lawyer is a requirement! Our Grand Rapids bankruptcy attorneys can answer your questions about bankruptcy and offer reasonable fees. Having the right bankruptcy attorney on your side can relieve your stress during your difficult financial times. Our bankruptcy attorneys have 85 years of bankruptcy experience. We can provide you with superior bankruptcy representation at reasonable fees. We represent you from start to finish. Some attorneys bait you with a law fee and either do little or nothing for you or do "ADD ONs" and the fees double. Some will not tell you about the filing fee so that the attorney fees seem lower. Krupp Law Offices P.C. serves clients throughout West Michigan, including the counties of Kent, Ottawa, Allegan, Barry, Newaygo, Montcalm, and Ionia.
Call Today For A Free Telephone Consultation & Speak To A Caring Attorney Near You Who Can Explain Your Rights & Options under the Bankruptcy Code.
FREE PHONE CONSULTATION AT 616-459-6636
WHAT IS CHAPTER 7 BANKRUPTCY?
Chapter 7 bankruptcy provides for a discharge of your unsured debt such as credit cards,medical bills, reposessed cars, driver's responsibility fees. You can keep your car and home and you pay nothing to the trustee. You also keep your tax refunds. The typical cost is 1350.00 (which includes the filing fee). The process is about 90 days total and requires one appearance at the trustee's office. Chapter 7 Bankruptcy Information
WHAT IS CHAPTER 13 BANKRUPTCY?
Chapter 13 bankruptcy reduces your debt to what you can pay, not what you owe. During your chapter 13 plan you will make payments that you can afford to the trustee for a period of 36 to 60 months. You will also pay your tax refunds to the trustee during your plan. A chapter 13 plan can be used to save a home in foreclosure. Chapter 13 Bankruptcy Information
HOW DO I GET MY BANKRUPTCY STARTED?
Getting started on your bankruptcy is easy. Just call our office. You can speak with a local Grand Rapids Bankruptcy Attorney at Krupp law for free. We will answer all your questions. We will also schedule an appointment to meet in our office. If you are out of state or can not get away from work, we will do a phone interview. We also have an online interview questionare that can help get you going.
KRUPP LAW OFFICES PC
Personal Bankruptcy Attorney - Grand Rapids MI161 Ottawa NW Suite 404, Grand Rapids MI 49503
GRAND RAPIDS BANKRUPTCY TOPICS:
Chapter 7 Bankruptcy & Chapter 13 Bankruptcy
We are a debt relief agency and a Grand Rapids Bankruptcy Attorney. We help people file for bankruptcy relief under the Bankruptcy Code, in the greater Grand Rapids area.