Top Mount Clemens, MI Bankruptcy Lawyers Near You

Bankruptcy Lawyers | Troy Office | Serving Mount Clemens, MI

100 W Big Beaver Rd, Suite 200, Troy, MI 48084

Bankruptcy Lawyers | Farmington Office | Serving Mount Clemens, MI

33228 West 12 Mile Road, Suite 115, Farmington, MI 48336

Bankruptcy Lawyers | Mount Clemens Office

44 1st St, Mount Clemens, MI 48043

Bankruptcy Lawyers | Detroit Office | Serving Mount Clemens, MI

400 Renaissance Center, Suite 2600, Detroit, MI 48243

Bankruptcy Lawyers | Livonia Office | Serving Mount Clemens, MI

10535 Farmington Road, Suite B, Livonia, MI 48150

Bankruptcy Lawyers | Detroit Office | Serving Mount Clemens, MI

500 Griswold St, Suite 2300, Detroit, MI 48226

Bankruptcy Lawyers | Birmingham Office | Serving Mount Clemens, MI

151 S. Old Woodward Avenue, Suite 200, Birmingham, MI 48009

Bankruptcy Lawyers | Farmington Hills Office | Serving Mount Clemens, MI

39395 West 12 Mile Road, Suite 200, Farmington Hills, MI 48331

Bankruptcy Lawyers | Livonia Office | Serving Mount Clemens, MI

39319 Plymouth Road, Suite 1, Livonia, MI 48150

Bankruptcy Lawyers | Southfield Office | Serving Mount Clemens, MI

4000 Town Center, Suite 1200, Southfield, MI 48075

Bankruptcy Lawyers | Troy Office | Serving Mount Clemens, MI

2600 W. Big Beaver Rd., Suite 300, Troy, MI 48084-3312

Bankruptcy Lawyers | Royal Oak Office | Serving Mount Clemens, MI

450 West Fourth Street, Royal Oak, MI 48067-2557

Bankruptcy Lawyers | Bloomfield Hills Office | Serving Mount Clemens, MI

39400 Woodward Avenue, Suite 101, Bloomfield Hills, MI 48304-5151

Bankruptcy Lawyers | Lathrup Village Office | Serving Mount Clemens, MI

28455 Southfield Rd, Lathrup Village, MI 48076

Bankruptcy Lawyers | Farmington Hills Office | Serving Mount Clemens, MI

30057 Orchard Lake Road, Suite 200, Farmington Hills, MI 48334

Bankruptcy Lawyers | Royal Oak Office | Serving Mount Clemens, MI

30448 Woodward Ave, Royal Oak, MI 48073

Mount Clemens Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Mount Clemens

Lead Counsel independently verifies Bankruptcy attorneys in Mount Clemens and checks their standing with Michigan bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Bankruptcy Attorney near Mount Clemens

Are You Considering Bankruptcy?

If you’re overwhelmed with debt and are looking for legal solutions to solve your financial crisis then bankruptcy may be a great option for you. A skilled Mount Clemens bankruptcy lawyer can help determine whether bankruptcy can help eliminate your debt, and get you back on your feet.

Different Types of Bankruptcy Available

Did you know there are various types of bankruptcy that each serve a different purpose and require a different skillset? A Chapter 7 Bankruptcy is one type a bankruptcy attorney may decide is the best way for you to liquidate your assets to pay off creditors. This is especially true if you currently have no income.

On the other hand, a Bankruptcy law firm may select a Chapter 13 Bankruptcy as a way for you to keep control of your belongings while paying back your creditors over time.

What is bankruptcy?

Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.

What happens when I file for bankruptcy?

When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.

How much does it cost to file for bankruptcy?

There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.

How long does bankruptcy stay on your credit report?

A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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