Filing for Bankruptcy
Detroit Bankruptcy Attorney
Deciding whether or not to file for bankruptcy can difficult. There are both pros and cons to bankruptcy that should be fully explored before you come to a conclusion regarding your financial situation. A Detroit bankruptcy lawyer can answer all of your questions regarding bankruptcy, and advise you on the best course of action for your particular situation. An attorney will look at many aspects of your finances, including the amount of money you owe and to whom, if you are facing foreclosure or othe r legal actions, if you are paying for daily expenses using credit cards, or you are borrowing money from friends and family to pay bills. After thoroughly discussing your money problems with a legal professional, it will be easier to make the right decision regarding your financial future.
The Cartwright Law Firm is an established bankruptcy law office that provides professional and caring legal assistance to individuals in Detroit, Southfield and Pontiac. If you chose to file for bankruptcy, we will administer the means test to determine if you qualify for Chapter 7, the liquidation of non-exempt assets to pay creditors. If you do not meet the requirements for Chapter 7, we will assist you with a Chapter 13 filing , which is the restructuring of payment plans to creditors. Our firm will help prepare your bankruptcy petition, which includes compiling documentation such as:
- Sources of income and amount
- Assets and property
- Debts and financial liabilities
- Creditor and lender contact information
Before your petition is filed, you will need to receive credit counseling from a government-approved organization. Credit management classes are typically conducted by phone or over the Internet for a nominal fee.
Submitting Your Bankruptcy Petition
We advocate for people who are experiencing financial difficulties, and help them get a new financial start in life. Our firm will analyze your finances, and can confidently guide you through the bankruptcy process. We are always available to answer your questions, and your case will be personally managed by one of our firm's seasoned attorneys from beginning to end.
Contact a Detroit bankruptcy lawyer if you are heavily in debt to discuss your legal options.