Individuals in Flint, Michigan Who Are Filing for Bankruptcy Can Seek Consultation Services from Bankruptcy Attorneys

By on September 7, 2013

When to file for bankruptcy

In the current economy of the United States, it is unfortunately not uncommon for people to fall under very difficult financial times. When the wages a person makes at their job are not enough to keep up with the cost of living and other necessary expenses, people can find themselves with problems that seem insurmountable. Statistics have shown that 43 percent of families in the United States spend more than they earn each year. Some extreme cases of financial difficulty can leave people with no other viable option than to filing bankruptcy. To assist with the process, bankruptcy lawyers in michigan towns such as Flint can provide services to clients such as handling the cost of filing bankruptcy and deciding on the form to file.

In the United States, one out of every 70 households files for bankruptcy. In 2011, the bankruptcy filing rate in the state of Michigan was 5.64 per 1,000 residents. Filing for bankruptcy is sometimes advised by attorneys and consultants though, such as cases where an individuals owes a large tax debt to the IRS. The filing of bankruptcy generally stops any civil judgments, wage garnishments, or liens that an individual may be experiencing. Chapter 13 bankruptcy is a common form that is filed as it involves debt restructuring rather than the liquidation of assets. With a Chapter 13 filing, the debtor is usually able to retain most of their property. So to receive help when it comes to the process and cost of filing bankruptcy, those in Flint, Michigan can turn to bankruptcy attorneys.

About Online Magazine Publishing

18 Comments

  1. Taylor Moss

    March 12, 2014 at 12:55 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  2. Andy Rodriquez

    April 11, 2014 at 3:28 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  3. Dan Smith

    May 11, 2014 at 8:13 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  4. Caroline Cook

    June 10, 2014 at 8:15 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  5. Kevin Hold

    July 10, 2014 at 8:16 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  6. Savannah Haynes

    August 9, 2014 at 8:18 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  7. Erik Graves

    September 8, 2014 at 8:19 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  8. Samantha Flores

    October 8, 2014 at 8:21 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  9. Max Bishop

    November 7, 2014 at 9:17 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  10. Riley Daniels

    December 7, 2014 at 9:19 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  11. Bobby Fields

    January 6, 2015 at 9:21 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  12. Leonard Martin

    February 5, 2015 at 9:22 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  13. Mark Robertson

    March 7, 2015 at 9:21 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  14. Mike Ford

    April 6, 2015 at 8:22 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  15. William Stevens

    May 6, 2015 at 8:23 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  16. Philip Valdez

    June 5, 2015 at 8:23 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  17. Peter Fox

    July 5, 2015 at 8:24 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

  18. Kloe Robbins

    August 4, 2015 at 8:26 pm

    it must be a living nightmare to have to go through such hard times like filing bankruptcy.

You must be logged in to post a comment Login

Leave a Reply