Michigan Bankruptcy
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Weik, Chimko & Associates Bankruptcy Firm 1- 877-334- 3922
1- 877-334- 3922 - No obligation consultation
The law firm of Weik, Chimko & Associates provides superior bankruptcy legal services to our clients throughout Michigan. Where appropriate, we also recommend non-bankruptcy solutions to relieve financial stress, including credit counseling, mortgage refinancing, etc
The law firm of Weik, Chimko & Associates provides superior bankruptcy legal services to our clients throughout Michigan. Where appropriate, we also recommend non-bankruptcy solutions to relieve financial stress, including credit counseling, mortgage refinancing, etc
Michigan Bankruptcy Blog
Relief!
Just information. Not alot of hype - just a way to help Michiganders understand if bankruptcy is the BEST choice.
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Overview of Michigan Bankruptcy
Chapter 7
Chapter 7, often called a "straight" bankruptcy, is usually the best remedy for people who primarily have unsecured debts they cannot repay at this time or in the near future. In many cases, the debtors can work out an arrangement to keep their vehicles and homes.
Chapter 13
Chapter 13 is for people who can afford to pay back part of their debts. Often, these people otherwise find themselves unable to keep up with their auto and/or house payments. Chapter 13 allows them to keep their auto and/or house by catching up on missed payments in a 3-5 year period.
Chapter 11
Chapter 11 is usually reserved for businesses, or for individual debtors who wish to pay their creditors, over time, but do not otherwise qualify for Chapter 13.
Chapter 12
Chapter 12 is limited to "family farmers" and is available to only a few individuals. It is similar, in many instances to Chapter 13 and allows for r
Chapter 7, often called a "straight" bankruptcy, is usually the best remedy for people who primarily have unsecured debts they cannot repay at this time or in the near future. In many cases, the debtors can work out an arrangement to keep their vehicles and homes.
Chapter 13
Chapter 13 is for people who can afford to pay back part of their debts. Often, these people otherwise find themselves unable to keep up with their auto and/or house payments. Chapter 13 allows them to keep their auto and/or house by catching up on missed payments in a 3-5 year period.
Chapter 11
Chapter 11 is usually reserved for businesses, or for individual debtors who wish to pay their creditors, over time, but do not otherwise qualify for Chapter 13.
Chapter 12
Chapter 12 is limited to "family farmers" and is available to only a few individuals. It is similar, in many instances to Chapter 13 and allows for r
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