We have locations available by appointment in the following areas. Please call us to speak to an attorney and set up an initial meeting.
If you are struggling to make ends meet and are buried under a mountain of debt, the protections of the U.S. Bankruptcy Code can offer you a way out. Filing for bankruptcy gives you the chance at a fresh financial start, and in some cases, you could get back on track with payments for your vehicle or home.
Have questions about the process? A Dearborn bankruptcy lawyer could provide you with answers. Our team of skilled debt relief attorneys could review your finances and help you understand your options.
Individuals have two primary options when it comes to filing for bankruptcy protections: Chapter 7 and Chapter 13. Chapter 7 bankruptcy—known as liquidation—gives debtors with no assets an opportunity to discharge their debts within a matter of months. Despite the name, our attorneys can often complete this process without the need to liquidate your remaining assets.
Chapter 13 bankruptcy is designed for those who have assets above the threshold to qualify for Chapter 7. This process can take up to five years, and it generally requires the debtor to make monthly payments to their creditors along the way.
The good news is that you do not have to choose your path alone. Our Dearborn bankruptcy attorneys could advise you on which options you are eligible for. With our guidance, you could pursue the fresh start you deserve.
There are numerous benefits associated with filing for bankruptcy, and some of them take effect immediately. When you work with our Dearborn bankruptcy attorneys, you gain the guidance and support needed to move forward with confidence, overcome your financial challenges, and build a fresh financial future.
One of the most important benefits of bankruptcy kicks in the moment you file your petition. When you initiate your case, you are immediately granted protection by something known as the automatic stay. The automatic bankruptcy stay halts any lawsuits against you and prevents all additional collection efforts for as long as it is in place.
For many, the ultimate goal of the bankruptcy system is to discharge the bulk of their debts. Discharge means having your obligations legally wiped out. Once you meet all of the requirements set out by the court, you will no longer owe discharged debts at the end of this process.
Not all obligations are dischargeable. While you can typically wipe out unsecured debts like credit cards, the same is not true for things like back taxes or child support. There is also the possibility that your creditors may repossess collateral securing your debts, including motor vehicles or real estate.
Not everyone enters bankruptcy with the intention of having the bulk of their debts wiped out. Many choose this path to gain some breathing room and catch up on their overdue balances. This is especially true for individuals hoping to keep their home or motor vehicle.
Bankruptcy is about more than just paying off deficiencies. In some situations, our attorneys can negotiate with your creditors in order to lower interest rates or even have some debts forgiven.
If you are under a mountain of debt, our team of attorneys is here to help you dig your way out. The bankruptcy process can help you regain financial stability.
This process is complex, and attempting to navigate it without help is a mistake. Reach out to a Dearborn bankruptcy lawyer as soon as possible to schedule your private consultation.
We have locations available by appointment in the following areas. Please call us to speak to an attorney and set up an initial meeting.
We are a debt relief agency helping people file bankruptcy under the United States Bankruptcy Code.
Click Here To Read The Required Disclosures About Bankruptcy
Fairmax Law PLLC
N/a 
