Ann Arbor Bankruptcy Filing

Bankruptcy help in Ypsilanti, Ann Arbor & Washtenaw County

Bankruptcy advice in Ann Arbor, Ypsilanti & Washtenaw County

Before filing for bankruptcy protection

• Assess your situation. It is always best to avoid filing bankruptcy, but if you are experiencing one or more of these situations, it may be time to immediately seek bankruptcy advice in Ypsilanti or Ann Arbor:

• Research best source for bankruptcy advice in Ann Arbor or Ypsilanti. To help you, use our bankruptcy attorneys comparison chart. When interviewing prospective attorneys, use this list of questions to ask prospective bankruptcy lawyers.
• Select a lawyer and set an initial appointment on how to file bankruptcy in Ann Arbor or Ypsilanti.

Steps to prepare your initial consultation

Please review our list of what to bring to your initial bankruptcy advice consultation with your local Ypsilanti or Ann Arbor bankruptcy lawyer.  Gather as much of these documents as possible to help your Ann Arbor bankruptcy lawyer properly evaluate your bankruptcy case.

Bankruptcy help in Ann Arbor

• We review your financial documents
• We assess your situation to determine if filing bankruptcy in Ann Arbor or Ypsilanti is indeed the right choice
• We advise you on whether filing under Chapter 13 or Chapter 7 bankruptcy is best, based on eligibility and impact
• We verify that you have received credit counseling from an approved agency (as required by the United States Trustee's office—see approved agencies list here)
• With your written approval, we launch your Ypsilanti or Ann Arbor bankruptcy filing

What happens when your lawyer launches your case

If you are filing under Chapter 7, see our list of what to expect in an Ann Arbor or Ypsilanti Chapter 7 bankruptcy filing.  For Chapter 13 filing—

• You pay the standard bankruptcy filing fee (currently $274)
• Your Ann Arbor bankruptcy filing attorney files several required forms
• Working with the local courts, a repayment plan is written, detailing how, and how much you will pay each creditor
• Priority debts, such as child support,  alimony, wages owed to employees, and specific tax obligations, are determined in the repayment plan
• The length of your repayment plan is confirmed based on how much you earn and owe.  It is usually a five-year plan or, if you make less than the median income, it may be a three-year plan.

Regardless of how much you earn, your plan ends if you repay all of your debts in full, even if you have not yet reached the assigned three- or five-year mark on your Ypsilanti bankruptcy filing.

Ypsilanti bankruptcy help

Get compassionate, skilled

If you need to file bankruptcy in Ann Arbor or Ypsilanti, contact The Law Offices of John R. Bailey today.  We are responsive, understanding, and prepared.  Serving counties of Washtenaw, Wayne, Oakland, Monroe, Lenawee & Livingston.