Top Oxford, MI Bankruptcy Lawyers Near You
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3910 Telegraph Road, Suite 200, Bloomfield Hills, MI 48302
28400 Northwestern Highway, Suite 200, Southfield, MI 48034
28475 Greenfield Rd, Suite 113 #7372, Southfield, MI 48076
903 North Opdyke Road, Suite C, Auburn Hills, MI 48326
900 Wilshire Dr, Suite 105, Troy, MI 48084
189 W. Clarkston Rd., Suite 1, Lake Orion, MI 48362
500 Woodward Avenue, Suite 2700, Detroit, MI 48226
251 Merrill Street, 2nd Floor, Birmingham, MI 48012
370 East Maple Road, 3rd Floor, Birmingham, MI 48009
25800 Northwestern Highway, Suite 500, Southfield, MI 48075
201 West Big Beaver Road, Suite 600, Troy, MI 48084
500 Woodward Avenue, Suite 2500, Detroit, MI 48226
1026 West 11 Mile Road, Royal Oak, MI 48067
6904 Tamerlane Drive, West Bloomfield, MI 48322
3150 Livernois, Suite 275, Troy, MI 48083
251 Diversion Street, Rochester, MI 48307
100 Northpond Dr, Suite A, Walled Lake, MI 48390
31201 Chicago Rd S, Suite C-102, Warren, MI 48093
22260 Haggerty Road, Suite 110, Northville, MI 48167
2851 High Meadow Circle, Suite 120, Auburn Hills, MI 48326
12845 Farmington Rd., Suite 1, Livonia, MI 48150
PO Box 3512, Farmington Hills, MI 48333
418 North Main St, 2nd FL, Royal Oak, MI 48067
105 Cass Ave, Mount Clemens, MI 48043
30833 Northwestern Hwy Ste 205, Farmington Hills, MI 48334
Oxford Bankruptcy Information
Lead Counsel independently verifies Bankruptcy attorneys in Oxford 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.
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.