If you’re looking for trustworthy guidance on debt relief, DebtErasers is here to help! As one of the top bankruptcy law firms in Royal Oak, MI we specialize in resolving overwhelming debt. Our experienced attorneys in Royal Oak serve clients across Oakland County with debt relief.
Debt can be overwhelming, but there are legal solutions available to help lighten the load. If you’re struggling to keep up with debt payments, filing for bankruptcy could be the right step. Our firm offers comprehensive assistance with zero-dollar down filing for Chapter 7 and Chapter 13 bankruptcies.
Understanding The Bankruptcy Process
Chapter 7 Bankruptcy
Filing for Chapter 7 is the simplest and most affordable form of bankruptcy. It can discharge:
- Credit card debt
- Medical debt
- Unsecured personal loans
- Wage garnishment
- Lawsuit liability
Courts can often discharge debts within three to four months of filing for bankruptcy. Generally, immediately upon filing your case, your creditors are not permitted to collect from you or contact you further.
Chapter 13 Bankruptcy
Chapter 13 allows those with regular income, but who are overburdened with personal debt, to lower their monthly bills. Filing Chapter 13 allows you to consolidate your debt, lower your total amount owed, and then pay it off slowly in a more manageable way over the next three to five years, giving you the breathing room you need.
Filing for Chapter 13 bankruptcy can:
- Avoid or reverse car repossession
- Stop foreclosures
- Reorganize tax debt
- Protect valuable assets
Life After Bankruptcy
Filing for bankruptcy could be your first step toward financial freedom and a fresh start. Within six months of filing, your adverse credit will be dropped from your credit report on all significant reporting bureaus.
If you’re someone who has struggled with debt, it’s vital to take advantage of this opportunity to rebuild your credit score. If you remain on top of revolving debts and apply for a secured credit card, you could set yourself on the path to homeownership in the near future!
Other Services by DebtErasers in Royal Oak
Loan Modification Negotiation
Are you living with large loans and feeling like you’ll never get to the end of them? Loan modification could be an option you didn’t know you had. The purpose of a loan modification is two-fold: (1) Reduce your monthly payments to a more affordable amount and; (2) Defer your mortgage arrears to ensure your home is not at risk of foreclosure. To ensure your best chance of securing a loan modification, we recommend enlisting the services of our knowledgeable and experienced attorneys here at DebtErasers.
Creditor Harassment
Are creditors harassing you unfairly? The Fair Debt Collection Practices Act (FDCPA) protects you against creditor harassment, and we can help by holding your creditors to the full extent of the law. Once a third-party debt collector knows you are represented by an attorney, their contact with you must stop.
Real Estate Closing
Are you buying or selling property? Our licensed professional team guarantees a seamless real estate closing negotiation process from start to finish. We are prepared to assist both buyers and sellers with complete legal representation throughout the closing of the transaction. Make sure your real estate affairs are done right with help from DebtErasers.
Meet Your Royal Oak Law Team
Eugene Feldman
Managing Partner
Eugene is committed to helping individuals in financial distress. He has helped thousands resolve their debt issues. Eugene works with clients from their initial consultation through discharge.
Roger Leshinsky
Managing Partner
Roger has dedicated the past ten years to providing legal expertise and financial relief to families throughout the Midwest. Roger has helped over 10,000 people discharge millions of dollars of debt and get back on track with their financial goals.
Where Is Our Bankruptcy Law Firm in Royal Oak?
We are located in downtown Royal Oak, Michigan, at the center of the local community. Make an appointment or visit us today. We are open from 8:00 a.m. to 6:00 p.m., Monday through Friday.
418 North Main St, 2nd Floor
Royal Oak, MI 48067
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Contact us: (248) 876-9439
No matter what your debt concerns are, we can assist you. Our law firm office in Royal Oak is ready to answer all of your questions