If you are having financial troubles, you may be considering consulting with a bankruptcy law firm. The process can be complicated, and you need an experienced legal professional on your side who will help you make informed decisions as you navigate your options in bankruptcy. More importantly, if you are in a situation in which you are considering bankruptcy, you will need a lawyer that can assist you at a reasonable price.
Grand Rapids bankruptcy lawyers, Travis T. Russell, Jacob T. Tighe, and Harlee Alexander can help you. Our firm represents individuals as well as small businesses with filing for bankruptcy in Chapter 7 and Chapter 13.
Start With Only $500 Down
We have convenient payment options in which you can start drafting your Chapter 7 or Chapter 13 Bankruptcy petition with only $500 down. Further, we will pay for the cost of pulling your credit report AND we will pay for the registration fees for both credit counseling courses.
Types of Bankruptcy
The Bankruptcy Code is divided into chapters. The chapters which usually apply to consumer debtors are chapter 7, known as a Fresh Start, and chapter 13, known as a Repayment Plan.
- Chapter 7 – “Fresh Start” With a “fresh start,” the debtor will be discharged from the legal obligation to pay unsecured debts such as credit card debts, medical bills, cash-advances and utility arrears. However, certain types of unsecured debt are allowed special treatment and cannot be discharged. These include student loans, alimony, child support, criminal fines, and some taxes.
- Chapter 13 – “Repayment Plan” A chapter 13 case may be advantageous in that the debtor is allowed to get caught up on mortgages or car loans without the threat of foreclosure or repossession and is allowed to keep both exempt and nonexempt property. Additionally, the debtor may strip a second mortgage or even reduce the interest rate on existing secured loans, such as a vehicle loan (down to 4.5%).
Give us a call at (616) 920-0555, or use the email form below, for information on our $999.00 Flat-Fee Bankruptcy Law Service where you can get started with only $500.00 down.
We’re debt relief agents. We help people find relief under the Bankruptcy Code.