Anytime you do something new, it can be intimidating and scary, especially something like bankruptcy. You probably have several questions like:
Do I qualify?
Will my credit be ruined?
What documents do I need?
How long will the process take?
We are determined to make the bankruptcy process as simple as possible for our clients. We take out the stress by dealing with your creditors immediately, collecting the documents, and preparing the paperwork to file your case, we do all the the work for our clients. Our law firm serves Kalamazoo and all of the surrounding south west corner of Michigan in bankruptcy law, including Chapter 7 and Chapter 13 bankruptcies.
The lawyers at Jason Allen Law understand that a bankruptcy is a new thing to most filers, which is why we continually stay focused on building a strong client/attorney relationship. By building this relationship, we can provide each client with the most timely and effective legal solutions for their particular situations.
The bankruptcy process:
Step 1: File paperwork with the court detailing your financial situation.
Step 2: Attend a simple hearing where you are questioned about the paperwork filed. Your attorney will be in attendance.
Step 3: Watch two videos about financial planning.
Step 4: Be debt free within 3 months.
People usually file bankruptcy on debts like medical bills and credit cards. Often time, there are other debts owed. Some of the other debts our clients often ask about with regard to bankruptcy include:
Utility bills: These are unsecured and treated just like a credit card.
Co-signed debt: In Chapter 7 and Chapter 13, the co-signer may be able to get out of his or her obligations without affecting the other co-signer.
Student loan debt: This typically cannot get discharged through Chapter 7, but can be paid in Chapter 13.
Driver's license suspensions: If you file Chapter 13, you will get your license back.
IRS tax: In some instances, this debt can be discharged via Chapter 7 or paid off in a Chapter 13.
Real estate tax debt: You may be able to discharge real estate tax debts in Chapter 7 if you do not keep your house. In Chapter 13, that debt may be paid off in the reorganization plan.
Payday loan debt: This can be discharged through Chapter 7 and Chapter 13.
Mechanic's liens: This can be discharged through Chapter 7 and Chapter 13.
Judgments: This can be discharged via Chapter 7 and Chapter 13.
Broken leases: This can be discharged via Chapter 7 and Chapter 13.