Hi, I’m Mike Greiner, I am an attorney here at the Financial Law Group located here in Warren, Michigan in Macomb County, Michigan and the Author of Bankruptcy 101.  That’s my specialty, bankruptcy. I wanted to talk to you a little bit today about Chapter 7 Bankruptcy and why it’s something that I think some people might want to consider.  If you are behind on your debts and basically unable to pay your creditors, Chapter 7 Bankruptcy is a good way to wipe out those debts and let you get a fresh start. Most people who file Chapter 7 Bankruptcy in Michigan are able to keep all their assets. They’re able to keep their home. They’re able to keep their car. They’re able to keep other property that they may have. Even money sitting in a bank account, usually we can protect. You can still get rid of your debts, usually, in Chapter 7 Bankruptcy. There’s a misconception out there that things changed a few years ago when they changed the law. That you can no longer get, get rid of your debts through Chapter 7 Bankruptcy. But that is, in fact, a misconception.

Most people can eliminate all their debts in Chapter 7 Bankruptcy. If you want to find out if Chapter 7 Bankruptcy is good for you, then you can certainly call up my office. We offer free consultations and I’d be happy to sit down and do the calculations with you, to see if something is going to work out well for you. Our website is financiallawgroup.com and my phone number is 586-693-2000. And call today for your free consultation.