Livonia Michigan Bankruptcy - Michigan Bankruptcy Blog

Livonia Michigan Bankruptcy

Michigan Bankruptcy Blog

Can you get out of debt without filing bankruptcy?

Posted by Peter Behrmann, Esq. On June 7th

Can you get out of debt without filing bankruptcy?

Livonia Bankruptcy Attorneys

Husband & Wife Lawyers Focused On You

 

Each week we meet with a dozen or so prospective clients seeking advice on whether bankruptcy is right for them.  The process is actually quite simple and sets most people at ease when they come to us with all of their financial stress.   Our consultations really have two parts.  The first part is for us to evaluate your financial situation.  This allows us to understand what your issues are and what end result you are seeking.  The second part is for us to educate you on bankruptcy and if a bankruptcy is a viable option for your financial situation. 

 

When you come in for a consultation, we will sit down with you and have a conversation to find out how and why you got here.  Although, we can’t change what happened in the past what we can do is give you options to put you on a better path for the future.  Once we have an overview of your particular situation then we will be able to explain to you all of your options along with the pros and cons of each option. 

 

Each week out of the dozen people we meet with we end up forwarding 3 or 4 of those people to other services non-bankruptcy related.  You see, not everyone needs to file bankruptcy, not everyone can file bankruptcy, and bankruptcy is not the solution for everyone.  Contrary to us being  bankruptcy attorneys, we not a bankruptcy sales people.  We believe that our job is to allow you to make an educated decision on if bankruptcy is the right or wrong option for you. 

 

Depending on your financial situation, there are options to get out of debt without filing bankruptcy.  There are instances where someone may be able to deal with it on their own but just needed direction on how to do it.  In other instances, it might be better to hire someone to negotiate and settle the debt.  By coming in to sit down with us we will be able to evaluate your situation and give you your options.   

 

This all being said bankruptcy is a very powerful tool and when used in the right circumstances can really change people’s lives.  Equally as important if used in the wrong circumstances could really destroy someone’s financial life. 

 

Peter & Jeri Behrmann are Livonia Bankruptcy Attorneys.  From our Livonia, Michigan location, we represent clients throughout Metro Detroit and beyond, including Garden City, Wayne, Westland, Redford, Dearborn, Taylor, Ann Arbor, Belleville, Northville, Novi, Farmington, Farmington Hills, Plymouth, Canton, and the Counties of Wayne, Oakland, Livingston, and Washtenaw. Our practice is limited to helping consumers like you file Chapter 7 and Chapter 13 Bankruptcy.

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