Experienced Attorneys Guiding You Through the Bankruptcy Process
At the law offices of Marrs & Terry, PLLC, our goal is to use the bankruptcy process to help clients get a fresh start to their financial future.
If you are overwhelmed by credit card bills, mortgage payment arrears and other debts, filing for personal bankruptcy could be the answer. By filing bankruptcy, you may be able to put an end to harassing calls from creditors, threats of wage garnishment, threats of car repossession and home foreclosure.
Thousands of people like you have turned to the bankruptcy lawyers of Marrs & Terry, PLLC. We help clients put the stress of debt in the past while finding a new, solid financial ground. We can do the same for you.
For more information about how filing bankruptcy could benefit you, contact us to schedule an appointment. Our services are available to individuals in Flint and the surrounding areas in Michigan.
Discuss Your Situation With a Bankruptcy Attorney Before...
- Getting involved in a debt consolidation scheme. Many are fraudulent, damaging and not managed by legitimate credit counseling agencies.
- Taking money out of a retirement fund to pay off debt. This could have serious implications for your future.
- Taking out a second mortgage. This could do more harm than good, possibly leading to the loss of your home.
Your Personal Bankruptcy Options
Your financial situation and the various types of debts that you are dealing with will determine which type of bankruptcy you qualify for under the United States Bankruptcy Code.
Chapter 7 bankruptcy is designed to eliminate the majority of unsecured debt. You will have the option of keeping or surrendering most items that you still owe money on. Chapter 7 can be filed upon meeting the requirements of a bankruptcy means test.
Chapter 13 bankruptcy allows you to reorganize your debts and reduce your payments. You will have a payment plan that will last for three to five years, rebuilding your credit score along the way. Stripping a second mortgage is an option that may accompany Chapter 13 bankruptcy.
Our attorneys can guide you through the process, educating you about tax implications and any other concerns you have along the way. Even if you have been told you do not qualify, you should talk to one of our experienced attorneys for a second opinion.
If you are ready to take action to change your financial future, contact us online or call us toll free at 866-665-8095.
