Waterford, Michigan Bankruptcy Lawyers
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We offer a full suite of legal services including: Criminal, Family, Divorce, Child Support/Visitation, Bankruptcy, Civil and Litigation. We cover primarily Oakland County but...
Lake Orion, MI 48362
Michigan State University
A graduate of the Wayne State University Law School in Detroit, he also holds a Master's degree in International Law from the George Washington University Law School in Washington, DC.
John is a former music publisher, musician, and author who especially enjoys assisting bands, musicians, record labels, and related start-ups with their trademark and contractual needs.
Katherine spent two years working for an esteemed firm in downtown Detroit which focuses pimarily on medical malpractice defense. Since founding The Sikorski Law Firm, Katherine has focused primarily on family law....
Before joining The Sikorski Law Firm, Lukas spent two years working for a solo practitioner in Wayne, Michigan. He also worked a...
K.C. is a graduate of the United States Military Academy, West Point and Michigan State University College of Law, cum laude. K.C. is a member of the State Bar of Michigan and the Genesee County Bar Association. He is admitted to practice in the State of Michigan, the United States District Court for the Eastern District of Michigan, and the United States Court...
Matthew practices in the area of general civil...
Bankruptcy law allows debtors, who are unable or partially unable to pay outstanding debts, to rid themselves of these debts and obtain a fresh start. Both federal and state laws can affect a debtor seeking to file for bankruptcy, and an attorney can help you understand how state and federal bankruptcy laws apply to you.
If you are struggling with high debt, receiving calls from creditors or collection agencies, or facing foreclosure, garnishment of wages, or repossession of property, filing for bankruptcy may provide you with solutions.
Bankruptcy lawyers offer legal advice and services during a financial crisis. In total, there are six different types of bankruptcy. For persons seeking debt relief, one option is Chapter 7 bankruptcy, which provides for liquidation of the debtor's non-exempt assets. Another popular option for individuals is Chapter 13, which allows for management and reduction of debt through payment plans. Corporations and partnerships filing for bankruptcy often choose to file under Chapter 11, which provides for supervised reorganization of the business.
Experienced bankruptcy counsel can help you evaluate whether you should pursue a bankruptcy as well as the Chapter under which to file. Bankruptcy lawyers can also help end harassing phone calls from debt collectors and evaluate available legal options when facing a home foreclosure.
Automatic stay: An injunction that automatically stops lawsuits, foreclosures, garnishments, and most collection activity against the debtor the moment a bankruptcy petition is filed.
Unsecured claim: A debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay, rather than on a special assurance of payment.
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