Chapter 7 Bankruptcy

Every year, thousands of Michigan families face serious financial hardship and live with the stress of unmanageable debt. If you find yourself in this situation and you are constantly worried about:

Spiraling credit card debt

Late mortgage payments

Missed car payments

Harassing calls from debt collectors

It’s time to get the facts about bankruptcy as one potential solution to your serious financial problems. The Chapter 7 bankruptcy attorneys at Damon, Ver Merris, Boyko & Witte, PLC can help you understand your options and choose the best way to address your debt.

Contact the Grand Rapids bankruptcy lawyers at Damon, Ver Merris, Boyko & Witte, PLC.

What Chapter 7 Bankruptcy Can Do for You

Chapter 7 is often the best choice for people who have lost a job or income, who have major medical problems, and those with more debt than they will likely ever be able to repay. Chapter 7 eliminates most credit card debt, medical bills and other obligations. It is designed to give people of lesser means a “fresh start” with their financial life while retaining most, if not all, of their property.
Chapter 7 is the type of bankruptcy most affected by the changes made in the bankruptcy law in late 2007. While fewer people now qualify for Chapter 7 relief than before, it is still available to a large portion of the population.

Honest Advice, Realistic Legal Help

Bankruptcy can’t do everything. If your home is in foreclosure and you can’t afford your house payments because you no longer earn enough income, bankruptcy cannot save your home. But if your home has more value than the amount you owe on your mortgage, we can suggest ways to help you save your home or retain some of that equity..
When you talk with our bankruptcy lawyers, we can help you assess your situation, understand your options, and apply for Chapter 7 or Chapter 13 bankruptcy if it’s right for you.

Damon, Ver Merris, Boyko & Witte, PLC

825 Parchment Drive S.E. Suite 100, Grand Rapids, MI 49546-2382