Michigan Bankruptcy Laws from Michigan-Bankruptcy.com | Michigan Bankruptcy Lawyer Walter Metzen

 Detroit Bankruptcy Lawyer Walter Metzen

has prepared this comprehensive information bankruptcy site to help come to terms with consumer debt and bankruptcy. If consumer debt has you buried, if creditors are calling at all hours, if you have been threatened with lawsuits and other collection activities, you will find information in this bankruptcy site to help you.

This site is about credit management, debt relief,  Chapter 7 Liquidation Bankruptcy, and Chapter 13 Wage Earner Bankruptcy. DetroitBankruptcyLawyer.com Attorney Walter Metzen is an experienced  bankruptcy lawyer who  specializes in helping consumers with credit, debt, Chapter 7 Straight Bankruptcy and Chapter 13 Wage Earner (Repayment Plan/Bill consolidation) Bankruptcy.

Should I File Bankruptcy?       

Detroit Bankruptcy Lawyer .com Attorney Walter Metzen Bankruptcy Law Office is conveniently located just one block from the United States Bankruptcy Court in Detroit Michigan. Suite 3156 Penobscot Bldg., Detroit MI 48226. The US Bankruptcy Court for the entire Metro Detroit area is located at 211 West Fort Street, Detroit Michigan 48226. Call 313-962-4656 or 888-Debt-Gone for a Free Consultation.  

Recognize any of these Warning Signs?

 In assessing whether or not you should seek some kind of debt relief, consider the following questions:

  • Do you ever use one form of credit, such as a credit card or debt consolidation loan, to make payments on other debt? Or to put it in Biblical terms "Robbing Peter to Pay Paul"?
  • Have you taken one or more cash advances greater than $500 in the past few months to pay living expenses such as everyday utility bills or even groceries?
  • Do you ever borrow from friends or family to meet regular expenses, such as food and utility bills?
  • Can you barely make the minimum required payment on credit cards or other debts?
  • Are you receiving harassing calls or letters from creditors or collection agencies?
  • Are you being sued (summons and complaint), or are your creditors threatening to sue you?
  • Are your wages being garnished, or are your creditors threatening a garnishment?
  • Are your financial problems impacting your health or relationships due to stress?
  • Do you owe two months salary or more on your credit cards?
  • Are you using one-quarter or more of your take-home income to pay credit card bills and personal loans (excluding mortgage payments)?
  • Are your revolving credit cards charged to the limit or maxed out?
  • Have you bounced more than one check in the past year?
  • Are you without cash reserves for a rainy day or emergency?
  • Are you behind on house (mortgage or rent) or auto payments?
  • Are your creditors threatening to take your car, house, or other property (foreclosure or repossession)?
  • Are you behind on your taxes or do you owe the IRS, State of Michigan or City of Detroit?

If you answered yes to one or more of the preceding questions, you should consider seeking some form of debt relief. Bankruptcy, of course, offers very effective debt relief, but there are possible alternatives to filing bankruptcy which shall be covered below.

Free Bankruptcy Book
“Bankruptcy Basics” is a free book prepared by the Bankruptcy Judges Division and the Administrative Office of the United States Courts as part of their Public Information Series. It is not prepared by the Bankruptcy Law Office of Walter Metzen.

 
This book should be used as a general overview of the bankruptcy process and not as specific legal advice. This book is not a replacement for the advice of a competent bankruptcy attorney, a fact this bankruptcy book itself states in its introduction. The Bankruptcy Law Office of Walter Metzen provides a free Bankruptcy attorney consultation, during which  you will be provided information based on your specific circumstances and current bankruptcy laws. Feel free to contact us by telephone at (800) 398-3328 or via email if you have any questions concerning the materials or filing for bankruptcy.

 
Please click the link below to review the book. You must have Adobe Acrobat Reader installed on your computer in order to review the materials.


Bankruptcy Basics
      FREE BANKRUPTCY BOOK

 

 

The Michigan Bankruptcy Law Office of Walter Metzen, offers each prospective client a free initial consultation to discuss your financial concerns as well as the possible need to file a petition for relief under the United State Bankruptcy Code. The purpose of the initial consultation is to inform you about the bankruptcy process in Michigan, whether you should file a Chapter 7 or a Chapter 13 and how the United States Bankruptcy Code is designed to protect most if not all of your assets through exemptions.  In an effort to make the free consultation more productive, we ask that you bring certain financial information to the meeting, or better yet, complete and send the online Michigan Bankruptcy Consultation Form.



 

The list of creditors must be complete. It must include ALL of your creditors (including family members, taxes, car loans, mortgages and leases), in one column and the amount owed in the adjacent column. The monthly budget should contain a complete breakdown of your income and expenses.

 
In addition to the above, be prepared to provide our office with dollar values for certain assets, including your home (if you own), your vehicles, and any other substantial assets, whether real property or personal property. By providing us the opportunity to review your monthly budget and to gain some understanding of the value of your assets and how much you owe to your creditors, we will be better able to assess your situation and advise you appropriately. You may schedule an appointment by either completing the Michigan Bankruptcy Consultation Form, calling our offices directly at (313) 962-4656 or by requesting an appointment via email.

 

Contact a Detroit Chapter 7 Bankruptcy Lawyer that, not only fully understands the bankruptcy process, but also can realistically advise you of your options. Feel free to schedule your free initial consultation. During this time, we can discuss your case and I can help you take charge of your financial situation. CLICK HERE for a Glossary of Bankruptcy Terms

We are a Debt Relief Agency helping people file for bankruptcy relief under the Bankruptcy Code. Let us help you decide if bankruptcy is right for you.

Bankruptcy attorney Walter Metzen represents clients throughout Southeast Michigan, including the communities of Detroit, Southfield, Warren, Roseville, Farmington Hills, Ann Arbor, Belleville, Canton, Clinton Township, Dearborn, Dearborn Heights, Hamtramck, Highland Park, Holland, Howell, Lincoln Park, Livonia, Macomb, Northville, Plymouth, Port Huron, Redford, Rochester, Saginaw, Southfield, Sterling Heights, Taylor, Trenton, Troy, Westland, Wyandotte, Ypsilanti, Mount Clemens, Howell, Oakland County, Macomb County, Wayne County, Washtenaw County, Livingston County, and all of the surrounding areas.