Protecting Your Assets Through Bankruptcy

When you think of filing bankruptcy, do you think of losing everything you own? Actually, that's not the case. Bankruptcy can often help you keep important assets that you might otherwise lose to creditors.

At the Michigan law firm of Bidwell Tovarez PLLC, we can help you understand how bankruptcy works. Our attorneys have helped thousands of people like you eliminate debt while protecting certain types of property. Let us assist you, too.

Here are a few types of assets that we may be able to help you keep:

  • Your house — As soon as you file bankruptcy, an automatic stay goes into effect, which temporarily halts any foreclosure actions. Plus, Chapter 13 bankruptcy can enable you to create a plan to get back on track with your mortgage payments and save your home.
  • Your vehicle — If you are worried about car repossession, Chapter 13 is probably the best choice for you.
  • Your paychecks — Bankruptcy puts an immediate stop to wage garnishment and creditor harassment.
  • Your retirement accounts — If you file for Chapter 13 bankruptcy, you can continue to contribute to your 401(k) plan. You don't have to cash it out or give it up.

We Won't Pressure You Into A Certain Course Of Action

We understand that every client faces unique challenges, which is why we do not offer a cookie-cutter approach to debt and bankruptcy. We will make sure you understand the process, so you can find the option that best fits your situation. Whether you decide to pursue Chapter 7 liquidation, Chapter 13 bankruptcy or otherwise restructure your debts, our lawyers can help.

Call our offices in Royal Oak and Flint at 248-237-3718 or contact us today for a free initial consultation. We're here to help.

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