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St. Clair Bankruptcy Lawyer

Our bankruptcy lawyers are bankruptcy specialists who know exactly how to help you, based on your own specific situation, get out of overwhelming debt and back on a stable financial footing. You can start over with a clean slate. Get rid of the stress of unpaid bills and harassing collection calls. Let our bankruptcy attorneys help you today. We practice bankruptcy in St. Clair, Macomb, Oakland, Sterling Heights, Trenton, and Oxford. For bankruptcy help, please contact us today through the contact form on the right.

If your debts are only or mostly of the non-dischargeable classification, Chapter 7 will not be the best option for you. However, people in that situation may be able to use Chapter 13 as an alternative.

 Bowser Law

We are bankruptcy lawyers in St. Clair, Macomb, Trenton, and Oxford. We also specialize in Social Security Disability Law, Elder Law, & Real Estate Law. If you are in need of a St. Clair Bankruptcy Lawyer, or for bankruptcy assistance from a bankruptcy attorney in any of our other offices areas such as Macomb, Trenton, and Oxford, look no further. The information on this website is for general information purposes only. Nothing on this or its associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. The information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship. We are not a law firm. We are associated with a network of attorneys, who focus in bankruptcy and disability law, whom we notify and connect with those in need of legal services.

Chapter 11 bankruptcy is available to businesses that are experiencing financial troubles. Under Chapter 11, a business can continue to operate while it restructures or reorganizes its debts and finances. Many businesses favor this form of bankruptcy, as it awards them protection from creditors during the reorganization and restructuring period. Furthermore, businesses can also repay their creditor or creditors while continuing to operate.

Chapter 13 bankruptcy is slightly different from Chapter 7 bankruptcy because it does not discharge debt completely. Rather, Chapter 13 consolidates a person's debt and restructures it into a feasible monthly payment plan. Under Chapter 13 bankruptcy, you will have a set amount of time, usually three to five years, to pay off a portion of your debt each month. Although this type of bankruptcy does not completely eliminate your debt, it does restructure it in a way that is manageable.

​Bankruptcy for Businesses

​Chapter 13

Chapter 7 bankruptcy, also known as liquidation, is the most common and most favored form of bankruptcy, as it eliminates most of a debtor's unsecured debt. However, Chapter 7 does not discharge all of a person's debt. The types of debts that cannot be discharged under Chapter 7 are:
 

  • Alimony/Spousal Support
  • Child Support
  • Student Loans (unless extreme hardship can be proven)
  • Court Fines or Penalties
  • Personal Injury Damages
  • Restitution Tax Debt

Bankruptcy refers to the federal court process of eliminating or restructuring a person's debt. There are many types of bankruptcy. In the United States, the two most common forms of bankruptcy available to individuals and families are Chapter 7 bankruptcy and Chapter 13 bankruptcy. However, business in debt trouble are another story entirely.

Types of Bankruptcy

​Chapter 7

With high foreclosure rates, increased unemployment, and consumer debts on the rise, many people have had a very difficult time staying on top of their finances and paying all of their monthly bills and expenses. As a result, millions of people throughout Michigan and the United States are suffering from mounting debt with no end in sight. These people are in need of an experienced bankruptcy lawyer. Bankruptcy was designed to help people who have become so overwhelmed with debt that they have fallen behind on their finances and can no longer pay their bills or other financial obligations. Bankruptcy lawyers can provide individuals and families with the financial relief they need to get rid of debt, reclaim their finances, and have a fresh start.

Bankruptcy Overview

Bankruptcy Law

Serving Macomb, Oakland, St. Clair, and Wayne counties.

For legal help, call (866) 557-3147

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