Below is information on how bankruptcy can help alleviate you from your current financial crisis.
You can also visit our FAQ page for frequently asked questions.

 

Remember Bishop Law Offices is here to help. Please contact our office if you have additional questions or would like to set up a FREE consultation.

Property Tax Foreclosure

Filing Chapter 13 Bankruptcy to Stop Property Tax Foreclosure

Many people fall behind on property tax payments. After these payments fall three years behind, the County where the home is located is required by State law to initiate foreclosure proceedings. Fortunately, a Chapter 13 bankruptcy can be filed to immediately stop the pending property tax foreclosure and provide an affordable payment plan to correct the past due property taxes. The Chapter 13 Bankruptcy must be filed before the County completes the foreclosure sale. It is important not to wait until the last minute to take action. We are able to file emergency Chapter 13 Bankruptcy cases, even the same day if necessary, however, we much prefer to have time to prepare the documents and provide you with information on the process. If you are facing property tax foreclosure on your home, please contact Bishop Law Offices for a free consultation.

Home Foreclosure

Filing Chapter 13 Bankruptcy to Stop Home Foreclosure

There are many reasons people fall behind on their mortgage. Maybe you have suffered a job loss, accident, illness, divorce, or some other unforeseen setback in your life. Once you fall behind on mortgage payments, it is very difficult to catch up. In most cases, mortgage companies will require you to pay the full amount you are behind to correct the default. Fortunately, a Chapter 13 Bankruptcy can be filed to immediately stop the pending foreclosure sale and provide an affordable payment plan to correct your mortgage payments and consolidate your other debt. Chapter 13 Bankruptcy must be filed before the sale happens. It is important not to wait until the last minute to take action. We are able to file emergency Chapter 13 Bankruptcy cases, even the same day if necessary, however, we much prefer to have time to prepare the documents and provide you with information on the process. If you are facing foreclosure on your home, please contact Bishop Law Offices for a free consultation.

Vehicle Repossession

Filing Chapter 13 Bankruptcy to Stop Vehicle Repossession

Losing a vehicle can be devastating to a family. Reliable transportation is needed for all the basics of life including getting to work, school, and doctor appointments. Car finance companies are quick to repossess vehicles even if payments are only a month or two behind. Fortunately, a Chapter 13 Bankruptcy can be filed to stop a pending vehicle repossession and also to recover a vehicle that has been repossessed. The Chapter 13 bankruptcy must be filed before the repossessed vehicle goes to auction. It is importation not to wait until the last minute to take action. We are able to file emergency Chapter 13 Bankruptcy cases, even the same day if necessary, however, we much prefer to have time to prepare the documents and provide you with information on the process. If you are facing vehicle repossession, or if your vehicle was recently repossessed, please contact Bishop Law Offices for a free consultation.

Utility Shut-Off

Filing Bankruptcy To Stop Utility Shut Off

Having financial problems can often result in utility companies shutting off service. This becomes very difficult to manage especially in the cold winter months. Utility companies can be difficult to deal with which leaves you stuck without service. Fortunately, filing a Bankruptcy case will immediately reinstate your utility service. After a Bankruptcy is filed, utility companies such as DTE Energy will set up a new account with payment of a small security deposit. The entire balance owed on the old account will be included in the bankruptcy case. If you are at risk of having utility service shut-off, or if your utility service has already been shut-off, please contact Bishop Law Offices for a free consultation.

Garnishments

Filing Bankruptcy To Stop Garnishments

Living paycheck to paycheck is hard. If an unexpected expense arises, it often results in defaulting on credit card debt, personal loans, and medical bills. These creditors are quick to file lawsuits. Once a judgment is obtained, the law allows for garnishment of up to 25% of your paycheck, freezing bank accounts, attaching tax refunds, and seizing personal property. Fortunately, a Bankruptcy case can be filed to immediately stop these creditors, no matter what stage of the legal process they are in. The bankruptcy filing will stop garnishments, unfreeze bank accounts, and recover seized personal property. In addition, funds garnished in in excess of $600.00 during the three months prior to the bankruptcy filing can be recovered. If you are being sued by a creditor, or if you are already subject to garnishment, please contact Bishop Law Offices for a free consultation.

Creditor Harassment

Filing Bankruptcy To Stop Creditor Harassment.

Defaulting on debt is stressful. Creditors and collection agencies only make the stress worse with their relentless phone calls and letters. Fortunately, the filing of a bankruptcy petition immediately stops all collection action by creditors and collection agencies. Once the case is filed, the phone calls and letters stop and all communication must go through my office. If you are being subjected to relentless collection efforts by creditors, please contact Bishop Law Offices for a free consultation.

Eliminating a Second Mortgage

Filing Chapter 13 To Eliminate A Second Mortgage

Many people find themselves with negative equity in their home. If the value of your home falls below the balance owed on the first mortgage, Chapter 13 Bankruptcy provides the ability to eliminate the second mortgage lien. Once the Chapter 13 Bankruptcy is filed, a separate proceeding referred to as an Adversary Proceeding is initiated. This separate proceeding is filed to determine the value of your home and ensure that eliminating the second mortgage lien is appropriate. After the successful resolution of the Adversary Proceeding, your second mortgage lien will be eliminated upon discharge of the Chapter 13 Bankruptcy case. If you would like to learn more about your ability to eliminate a second mortgage lien, please contact Bishop Law Offices for a free consultation.

Loan Modifications

Loan modifications can reduce the principal balance, eliminate the arrearage, and/or lower the interest rate on your mortgage. Obtaining a loan modification can be a very complicated and frustrating process. We can determine what loan modification programs are available for you and handle the entire process from start to finish. Contact our office for a free consultation to discuss your specific situation and determine if a loan modification is the best option for you.

Income Tax Debt

Filing Chapter 13 Bankruptcy to Pay Income Tax Debts

Owing money for income tax debts can very difficult to resolve on your own. Taxing authorities have the power to garnish wages, levy bank accounts, and seize assets. Fortunately, a Chapter 13 bankruptcy can be filed to immediately stop these actions and provides an affordable payment plan to pay the income tax debt. The Chapter 13 Bankruptcy filing will stop garnishments, unfreeze bank accounts, and recover seized personal property. It is important not to wait until the last minute to take action. We are able to file emergency Chapter 13 Bankruptcy cases, even the same day if necessary, however, we much prefer to have time to prepare the documents and provide you with information on the process. If you owe income tax debts that you are unable to pay, please contact Bishop Law Offices for a free consultation.

Student Debt Loan

Filing Chapter 13 Bankruptcy to Pay Student Loan Debts

Many people owe student loan debt that they are unable to repay. Defaulting on this debt can result in severe consequences as student loan creditors have implemented more aggressive collection action. They are issuing garnishments of wages and tax refunds, including federal tax refunds which are typically not subject to garnishment. It is also important to note that federal student loan creditors are able to garnish wages and tax refunds without first obtaining a judgment. Fortunately, a Chapter 13 Bankruptcy can be filed to immediately stop these actions and provides an affordable payment plan to deal with the student loan debt. Student loan debt cannot be canceled in bankruptcy, however, Chapter 13 Bankruptcy will provide an extended period of time to pay back the debt based on what you can afford. If you owe student loan debt that you are unable to repay, please contact Bishop Law Offices for a free consultation.

Child Support Obligations

Filing Chapter 13 Bankruptcy to Pay Child Support Obligations

There are many reasons why people fall behind on child support obligations. Suffering from a job loss, accident, or illness can quickly cause you to be unable to pay. Once you fall behind, it can be very difficult to catch up. Fortunately, a Chapter 13 Bankruptcy can be filed to pay child support arrearages in an affordable payment plan, while also consolidating all of your other debt. If you owe child support arrearages that you are unable to pay, please contact Bishop Law Offices for a free consultation.