Ann Arbor/Ypsilanti, Bankruptcy Lawyer

One of the Best Bankruptcy Attorneys in Ann Arbor/Ypsilanti, MI

Office Location

2498 Washtenaw Avenue
Ypsilanti, MI 48197

Monday – Friday : 9:00 am – 5:00 pm
Saturdays : 9:30am – 11:30 by phone only
Ann Arbor offers in office appointments as late as 6:30 on Wednesday, but offers over phone late night appointments Mon-Thur

Highly Recommended

Get a Free Consultation

At Frego Law, We Understand the Stress and Uncertainty That Comes With Financial Difficulties.

Our dedicated team of bankruptcy lawyers is here to guide you through the process and help you find a fresh start.

Don’t let debt control your life any longer. With Frego Law by your side, you can regain control of your finances and start rebuilding your future.

Our compassionate lawyers will work tirelessly to find the best solution for your unique situation, whether it’s Chapter 7 or Chapter 13 bankruptcy.

Take the first step towards financial freedom by contacting Frego Law today. Schedule your consultation with our bankruptcy lawyers in Ann Arbor/Ypsilanti, Michigan, and let us help you navigate the path to a brighter future. Contact us to get started now.

At Frego Law, we understand the stress and uncertainty that comes with financial difficulties.

What is Bankruptcy in Ann Arbor/Ypsilanti, MI

Bankruptcy in Ann Arbor/Ypsilanti, Michigan, is a legal process designed to help you or your business eliminate or repay its debts.

The United States Bankruptcy Code allows the debtor to reorganize debts in order to find a more manageable way of resolving them.

Bankruptcy Laws in Michigan

When facing overwhelming debt, in Ann Arbor/Ypsilanti, Michigan, you have options for finding financial relief. Bankruptcy can offer a fresh start by eliminating or reorganizing debts. There are two common types of bankruptcy: Chapter 7 and Chapter 13.

Both Chapter 7 and Chapter 13 bankruptcy provide immediate relief by invoking an automatic stay, which halts creditor actions like wage garnishment or foreclosure. However, the eligibility, processes, and outcomes of these bankruptcy types differ.

When considering the complexities of bankruptcy law, seek professional guidance from our experienced bankruptcy attorneys, who will assess your unique financial situation and help determine the most suitable option for you.

Bankruptcy Laws in Michigan​

The Effects of Filing for Bankruptcy in Ann Arbor/Ypsilanti

Filing for bankruptcy in Ann Arbor/Ypsilanti, Michigan, can have various effects if you’re facing overwhelming debt. One of the primary benefits is the reduction or elimination of debts.

Bankruptcy allows you to discharge or reorganize your debts, providing a fresh start to your financial life. This can be particularly helpful if you are being burdened with substantial credit card or medical bills. [3]

The moment bankruptcy is filed, an automatic stay is triggered, putting a halt to wage garnishment, foreclosure, and other creditor actions.

This can provide you with much-needed relief and the opportunity to regain control of your finances.

Bankruptcy can also be a stepping stone towards repairing bad credit. While bankruptcy may initially have a negative impact on credit scores, it allows you to start rebuilding your credit history

By demonstrating responsible financial behavior, such as making timely payments and managing debts wisely, you can gradually improve your credit standing.

Understanding Your Rights and Obligations Throughout the Process

Consulting our experienced bankruptcy attorneys at Frego Law is essential to ensure you navigate the process successfully.

One significant benefit of filing for bankruptcy is the protection it offers from creditors. Without bankruptcy protection, you may face serious consequences, such as wage garnishment.

Filing for bankruptcy triggers an automatic stay, putting an immediate stop to creditor actions and providing you with much-needed relief.

It is important to note that bankruptcy also comes with its own set of responsibilities. Filing for bankruptcy gives you the obligation to provide accurate and complete information about your financial situation. This includes disclosing all of the following:

Failing to fulfill these responsibilities can cause the court to dismiss the bankruptcy case or, worse, result in criminal charges.

The bankruptcy process in Ann Arbor/Ypsilanti involves several steps, including:

Understanding Your Rights and Obligations Throughout the Process​

Throughout these steps, having our experienced bankruptcy attorney by your side plays a pivotal role in guiding you through the process, ensuring all requirements are met, and advocating for your rights.

Contact Our Experienced Ann Arbor/Ypsilanti Bankruptcy Attorneys Today

At Frego Law, we understand how stressful and overwhelming the bankruptcy process can be. Our experienced bankruptcy attorneys have the knowledge and expertise to ensure you follow all the necessary steps and meet every requirement.

Our team will work diligently to protect your rights throughout this journey, advocating for the best possible outcome while ensuring your financial future remains secure.

If you are considering filing for bankruptcy in Ann Arbor/Ypsilanti, contact Frego Law today to get the relief you need.

Sources:

[1] Chapter 7 – Bankruptcy Basics. (n.d.). United States Courts. https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-7-bankruptcy-basics

[2] Chapter 13 – Bankruptcy Basics. (n.d.). United States Courts. https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-13-bankruptcy-basics

[3] Bankruptcy. (n.d.). United States Courts. https://www.uscourts.gov/services-forms/bankruptcy

Received Accolades:
206-2010, 2012, 2014-2021

American Bankruptcy Institute

Certified as a Bankruptcy Specialist by ABC

National Association of Consumer Bankruptcy Attorneys

Better Business Bureau

Office Location

2498 Washtenaw Avenue
Ypsilanti, MI 48197

Monday – Friday : 9:00 am – 5:00 pm
Saturdays : 9:30am – 11:30 by phone only
Ann Arbor offers in office appointments as late as 6:30 on Wednesday, but offers over phone late night appointments Mon-Thur

Highly Recommended

Get a Free Consultation

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