Bankruptcy

Debt

When you finances have become too much to handle, there may be a way out.  Federal Bankruptcy law allows you to erase your debt while still keeping your home and car.  

Chapter 7 - Bankruptcy 

  • Stops ALL collection actions

  • Stops ALL garnishments

  • Erases your debt

  • Allows you to keep your home and reaffirm the mortgage

  • Allows you to keep your vehicle if you reaffirm its debt

  • Gives you the chance to get back on your feet

To file a Chapter 7, you must meet certain income requirements of either:

  •  Be at or below the Michigan median income for a household of your size

    • 1 Member Household - $44,072.00

    • 2 Member Household - $52,540.00

    • 3 Member Household - $61,110.00

    • 4 Member Household - $74,863.00

    • 5 Member Household - $82,963.00

    • 6 Member Household - $91,063.00

    • 7 Member Household - $99,163.00

OR

  • Pass the "Means Test" for Michigan, which we can assist you with.
Kimberly Fink 500 W. Cedar Ave. Gladwin, MI 48624 T: (989) 426-8535 F: (989) 426-8591