St. Clair Shores Bankruptcy Attorney – The Hilla Law Firm, PLLC: A Michigan Bankruptcy Law Firm
St. Clair Shores Bankruptcy Attorney: It is the mission of The Hilla Law Firm, PLLC to provide the highest quality of legal service as well as the highest quality of customer service as a Michigan Bankruptcy Law Firm.
Bankruptcy can be a “last ditch resort,” however, people sometimes can wait too long and try too hard to “avoid” bankruptcy. St. Clair Shores is home to some of the most popular and beautiful lakeshore scenery in Michigan. It can be difficult in such an environment to consider something as allegedly drastic as a bankruptcy. However, St. Clair Shores-area residents can obtain great potential value from a bankruptcy filing before the “last ditch” is reached.
Why Consider Filing for Bankruptcy with the St. Clair Shores Bankruptcy Attorneys of The Hilla Law Firm?
- Stop wage and bank garnishments
- Stop a foreclosure of your home
- Stop Collector Harassment & Lawsuits
- Save your credit report & credit score
- Discharge Unmanageable Medical Debt
- Get Out of an Unaffordable Lease
- Simplify or Recover from a Divorce
- Discharge or Pay Off IRS or State Tax Debt at 0% Interest
- Cure Deficient Child & Spousal Support Payments
- Get back a vehicle that has been repossessed or seized
Different Types of Bankruptcies
Chapter 7 Bankruptcy
A Chapter 7 bankruptcy is the form of personal bankruptcy that most people think of when they hear the word “bankruptcy.” It is otherwise known as a “straight” or “liquidation” bankruptcy because, essentially, it accomplishes one very straightforward end: the liquidation of most of your debt.
Although there are some forms of debt that can’t be discharged by a Chapter 7 bankruptcy, Chapter 7 will otherwise allow you to walk away from unmanageable debt without the need to repay any of it and without the need to fear ongoing collections attempts by your creditors or even taxable liability a result of the discharge of the debt.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a “reorganization” bankruptcy rather than a complete liquidation of debt as in a Chapter 7. A Chapter 13 is, basically, a payment plan enforced by the Federal Bankruptcy Court upon all of your creditors, whether the debt is a “dischargeable” debt like a credit card or “non-dischargeable” debt like a child support arrearage or recent income taxes owed. Contrary to popular belief, you are not required to pay back 100% of what you owe to your creditors in a Chapter 13.
Michigan Bankruptcy Rates
Chapter 7 Bankruptcy Rates for St. Clair Shores, Michigan
In most cases, we charge a “flat-fee” for Chapter 7 bankruptcies tailored to your individual circumstances. Our lowest Chapter 7 flat-fee is market consistent for the Detroit area, but the fee may be higher in an individual case if it offers a higher level of complexity, involving issues of corporation ownership, tax debt to be discharged, an ongoing divorce, significant non-exemptible assets, multiple real estate properties, and other issues.
Chapter 13 Bankruptcy Rates for St. Clair Shores, Michigan
Rates for Chapter 13 bankruptcies are not billed as “flat-fees” the way that Chapter 7 bankruptcies are. For Chapter 13 bankruptcies, The Hilla Law Firm bills hourly according to the number of hours required for the cases at Attorney John M. Hilla’s current hourly rate, which is favorably affordable in comparison with many other bankruptcy attorneys in Michigan.
Free Initial Consultations
We offer free initial consultations with St. Clair Shores Bankruptcy Attorney John M. Hilla for business-hour appointments in our conveniently located Southfield office.
17376 W. 12 Mile Road, Suite 204, Southfield, MI 48076 > Get Directions
View Larger Map