Have you have tried everything to get your debts under control, but the creditors still keep calling? If filing bankruptcy is right for you, it can help you start over by using the laws that are out there to assist you. Since Bankruptcy Law is complicated and the facts surrounding each case are different, a bankruptcy lawyer is needed to provide you with legal advice as to what you need to do. You will have no trouble locating a Bankruptcy Lawyer in Livonia who can provide you with the legal advice that you need.
The Bankruptcy Lawyer Livonia can review your financial statements and provide you with clear instructions on what options you may have in getting your debts back under control. The lawyer will look at your current income and any savings to see if you can pay your debts without the need of filing bankruptcy or filing bankruptcy may be recommended. Once you decide to file bankruptcy, an automatic stay is issued. The bankruptcy stay prevents your creditors from calling and harassing you. The stay will also stop a pending foreclosure action on your home or the repossession action of your car.
The lawyer may advise you to file a Chapter 7 bankruptcy which will discharge the majority of your debts, but you may have to give up your property. A Chapter 13 bankruptcy reorganizes your debt to help you pay it off over a period of time, and you may also be able to keep your property. The Bankruptcy Lawyer will advise you of what debts you can discharge, what debts you will pay and how to pay them, and what property you may or may not keep.
Many people find a good lawyer by asking people that they know for a referral. If you do not know anyone that can provide you with a name of a good Bankruptcy Lawyer in Livonia, you can call your local Bar Association who can help you. You may also check the Martindale-Hubbell Legal Directory which contains a list of licensed lawyers and what areas of law they practice. It can be found at your local library, and it also has an online version. The internet also provides you with search options to assist you in finding a Bankruptcy Lawyer in Livonia.