Filing for Chapter 7 Bankruptcy in Royal Oak and Southeastern Michigan
Finding a Debt Relief Solution for Your Unique Situation
Though many people believe that filing for Chapter 7 bankruptcy is a much more difficult—if not impossible—option than other types of bankruptcy, this is, in fact, a myth. When Congress passed the new bankruptcy law in 2005, the public understood the changes to mean that Chapter 7 was no longer an option for most individuals. However, this couldn’t be farther from the truth. Chapter 7 bankruptcy is still a very viable option for many people and even provides an array of benefits that other options do not. At Gudeman & Associates, P.C., our skilled bankruptcy lawyers in Royal Oak and Southeastern Michigan have an in-depth knowledge of the law. We can help you determine if Chapter 7 bankruptcy is the right option for you.
Find out if filing for Chapter 7 bankruptcy will benefit you—call us at (248) 826-2441 to schedule your no-obligation consultation.
The Benefits of Chapter 7 Bankruptcy
Once you have made the choice to file for bankruptcy, there are many reasons to choose Chapter 7 when weighing your various options. The main defining feature of this type of bankruptcy is that it offers debt relief without a repayment plan, as opposed to Chapter 13 bankruptcy, which requires repayment.
Other benefits of Chapter 7 include that it provides a way to:
- Temporarily stop home foreclosure and auto repossession
- Wipe out debt quickly with no repayment
- Eliminate credit card debt and personal and payday loans
- Handle medical bills and deficiencies on cars and utilities
- Resolved old IRS debts/overpay of benefits
At Gudeman & Associates, P.C., our experienced bankruptcy attorneys in Royal Oak and Southeastern Michigan can help you assess your options and decide if filing for Chapter 7 can provide a solution to your debt problems. We will help you weigh all of your options and ensure that you are well informed before proceeding.
Our Aggressive Chapter 7 Bankruptcy Attorneys Advocate for Your Rights
Dealing with excessive unresolved debts is incredibly stressful. Our team of attorneys can help you find a light at the end of the tunnel and help you regain control over your finances. We strive for the best possible outcome in every instance, working tirelessly on behalf of our clients. Throughout the process, we will advocate for you, protecting your legal rights and offering open, honest communication every step of the way. We proudly serve all of the Southeastern Michigan, from Royal Oak to Detroit to Plymouth and every in between.
Think Chapter 7 might be the answer for you? Call us at (248) 826-2441 for a no-obligation consultation today!