Frequently Asked Questions

 

How much does it cost to file bankruptcy?

The bankruptcy court filing fees are currently $335 for Chapter 7 and $310 for Chapter 13 in addition to attorney fees. Our fees are affordable because we understand your difficulties and are sympathetic to your situation.

Will filing for bankruptcy end those calls from creditors and collection agencies?

Once we begin working out a bankruptcy plan, your creditors are legally required to stop all collection against you. If the creditor still continues to collect once the bankruptcy case has been discharged by a Trustee, you may be entitled to take legal action against it with bankruptcy litigation.

What happens to my corporation if I file personal bankruptcy?

Personal bankruptcy does not affect the corporation since the corporation is a legal entity separate and distinct from its shareholders.

Can a business be forced into bankruptcy?

Yes. In bankruptcy litigation, creditors may launch an involuntary bankruptcy proceeding against your business. This is rare and happens when creditors fear that your company is squandering or misappropriating assets that could help pay debts you owe them.


To learn more about the legal services we provide , contact our experienced Criminal Defense Attorneys in Ann Arbor, Ypsilanti at The Law Offices of John R. Bailey. We provide our legal services across Ypsilanti, Ann Arbor and throughout the Michigan area. Contact us for a free consultation.