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Overwhelmed By What You Owe? Chapter 7 Bankruptcy Can Bring Relief

When you’re weighed down by exorbitant credit card debt and being harassed by creditors, filing Chapter 7 bankruptcy can help you regain your financial footing and reduce your stress. It can eliminate your unsecured debt and give you a fresh start. It can also temporarily stop home foreclosure.

At Roose Law PLC, we have represented thousands of clients in bankruptcy cases throughout Michigan. We are Southfield Chapter 7 lawyers with the experience and skill to thoroughly review your situation and help you explore all your debt relief options.

How Chapter 7 Bankruptcy Works

As soon as you file a bankruptcy petition, the court will issue an automatic stay on your behalf. This immediately stops creditor harassment, wage garnishment and lawsuits against you and puts a temporary halt to foreclosure proceedings.

Chapter 7 will also eliminate all your unsecured debts such as credit card bills and medical bills. In some cases, discharging thousands of dollars of debt allows families to begin shouldering the mortgage payments again and avoid losing their homes.

Contrary to popular belief, you will not lose all your assets by filing Chapter 7 bankruptcy. You will be allowed to keep all exempt property, while only nonexempt property will be liquidated to help pay your debts.

Come In Sooner To Save More Money

Sometimes people try to avoid filing bankruptcy for far too long, and they end up wasting a significant amount of money. By trying to pay down impossibly high credit card bills by depleting your pension, for instance, you may end up in a dire situation.

As soon as you realize you may be caught in the downward spiral of debt, it’s important to consult a qualified attorney. Don’t wait until the bitter end. We can help you avoid spending every last dollar trying to pay off debts that could not be repaid in a lifetime.

Talk To Our Experienced Flint Debt Relief Lawyers Today

For a free consultation about whether or not Chapter 7 is right for you, contact Roose Law PLC by email or by calling 248-331-1200. We will be happy to assist you in making the best decision for your situation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.