Bankruptcy in Flint MI? Need a Bankruptcy Lawyer? Need a Fresh start?


FLINT BANKRUPTCY Lawyer Terry R. Bankert 235-1970

In financial  hardship ? You are not alone. Because of our poor economy nationally, and in Michigan, many families have economic problems.

Do you?

Are you having problems paying your debts?

Is your family threatened with garnishment, foreclosure or repossession?

If yes you are not alone.

We are a debt relief agency helping you as a Flint Bankruptcy Lawyer. We will help you file and get debt relief.

Bankruptcy is a way to deal with your financial problems , get a fresh start and care for your family.

You Did know you have the right under federal law to file for bankruptcy relief from your creditors just like General Motors, Big Banks and Wall Street..

The theory of Bankruptcy is that it is a legal proceeding in which a person can get a fresh financial start. Do you need as fresh start?

First try to pay your bills before filing bankruptcy because you can do so only once every six years and it is the right thing to do.

In most cases, you will want to save this valuable option until you really need it. Also, you may not need to file bankruptcy even though creditors are threatening you because you may have no exempt property or your wages are too high.

Just like Wall Street got their Fresh start a chapter seven Flint Bankruptcy it is your fresh start.

Some things bankruptcy can do:

Eliminate the legal obligation to pay most or all of your debts. This is a “discharge” of debts.

Stop foreclosure of your home and allow you to catch up on missed payments.

Stop repossession of a car or other property, or, in some situations, force the creditor to return property even after it repossession or  wage garnishments.

Stop debt collection harassment.

Restore or prevent termination of utility service for nonpayment of previous bills (you will probably have to pay a deposit, but the deposit cannot be more than 1-1/2 to 2 times your previous regular bills according to the Arizona Administrative Code).

Get your drivers license back if it has been suspended because you didn’t pay court-ordered damages for a driving accident (unless you were driving under the influence of drugs or alcohol).

Some things bankruptcy can’t do.

Eliminate certain rights of secured creditors. Some examples of secured debts are car loans and home mortgages. You can force secured creditors to take payments over time, but generally, you cannot keep the collateral unless you continue to pay the debt.

Discharge debts that arise after the bankruptcy has been filed.

Discharge certain types of debts, such as child support, alimony (spousal maintenance), certain other debts related to divorce, most student loans, court restitution orders, criminal fines, and most taxes.

Eliminate the obligation of a co-signer on your loan in most cases.

Chapter Seven Bankruptcy is known as a “fresh start” bankruptcy, or “liquidation”. Your debts are discharged (canceled), but you must give up any nonexempt property to the trustee to pay to your creditors. You can keep secured property if you are current on the payments and continue making the payments regularly.

When you file for bankruptcy you will not be alone.


Even Twinkie is filing for Chapter Seven Bankruptcy.

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