Hi, I’m Mike Greiner. I’m a Bankruptcy Attorney here with Financial Law Group, located at 12 and Hoover in Warren Michigan, Macomb County. And I’m here to talk to you about Chapter 13 Bankruptcy and whether you should file Chapter 13 Bankruptcy or Chapter 7 Bankruptcy.

I’m here to talk to you about that is I’ve had a lot of clients come into my office and they for example, are behind in their mortgage payment so they want to use a Chapter 13 Bankruptcy to get caught up on their mortgage payments. They’re not sure however if they’re gonna be able to make those payments going forward over the long term. Well, what I usually advise my clients like that to do is to try the Chapter 13 Bankruptcy. Chapter 13 Bankruptcy is totally a voluntary process. If things don’t work out for you over a period of time as you’re going forward then you can always convert your case over to Chapter 7 Bankruptcy. If you’re qualified to do so. Or you can always dismiss the case.

There is no requirement that you remain in Chapter 13 Bankruptcy. So if you are thinking that Chapter 13 Bankruptcy might be a way for you to either get caught up in your mortgage payments or deal with other debts, for example, with taxes or domestic obligations that you may be behind on, or for that matter, knocking a second mortgage off your home, give my office a call. I’ll offer a free consultation. I’ll be happy to meet with you. My number is 586-693-2000 and my website is FinancialLawGroup.com.