Create A Plan To Restructure Your Debt

Chapter 7 bankruptcy is not right for everyone, and it is not your only option when you are looking for a way to manage your debt. For many people, finding a way to restructure debt can be more efficient and cost-effective. The best way to find a plan that works for you is to talk to an attorney who understands your full range of options. At the Royal Oak and Flint offices of Bidwell Tovarez PLLC, our lawyers are ready to sit with you face to face and do just that.

Understanding Your Options

Many people do not have the option of discharging their entire debt through Chapter 7. Even if you cannot get a Chapter 7 discharge, however, you can reorganize your debts. The most common way to reorganize your debt is through Chapter 13 bankruptcy. Our attorneys will take a look at your situation to help you understand the pros and cons of all your choices.

When you file for Chapter 13 bankruptcy, we will work with your creditors to create a payment plan you can afford. After you restructure your debt, you will have three to five years to make timely payments and at the end of this period, your remaining debt will be discharged.

Exploring A New Start

Creative solutions are available to people who want to restructure their debt. For example, you may be able to pay off student loans, outstanding tax debts and other nondischargeable debts without paying interest. Our firm is dedicated to helping you explore all your options so you get a fresh start.

Contact Us Today

The right debt settlement plan can be just as effective as bankruptcy. We will help you evaluate your debt restructuring options so you can come up with a plan tailored to your needs. From our offices in Royal Oak and Flint, we help clients in the Greater Detroit area and across Michigan find debt solutions. Call 248-237-3718 or contact us online today for a free initial consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.