Ann Arbor and Ypsilanti Personal Bankruptcy Lawyers

Thousands of people throughout southeastern Michigan struggle to pay their bills each month; and each month they find themselves falling farther and farther behind. Many of these people fail to contact a personal bankruptcy attorney, and end up losing their home, car and personal property.

The Chapter 7 bankruptcy attorneys at the law offices of Babut Law Offices, PLLC, have helped thousands of clients protect their property and find relief from debt.

Experienced Michigan Personal Bankruptcy Lawyers

With offices located in Ypsilanti, Taylor, Jackson and Adrian, our bankruptcy lawyers are able to provide personalized local bankruptcy representation. Since our main focus is bankruptcy, our attorneys keep abreast of any changes in the bankruptcy laws and how they affect our clients.

Our lawyers have handled Chapter 7 bankruptcy cases since 1991. We are committed to helping our clients eliminate their debt and move forward with their lives. We discuss our clients' financial situation and determine whether a Chapter 7 bankruptcy is the proper course for their specific situation.

The 2005 Bankruptcy Laws and You

Many people do not understand how the 2005 bankruptcy laws impact them. We have clients come into our office who do not even realize that Chapter 7 bankruptcy still exists. The reality is: It does, and in most cases, Chapter 7 is available to an individual seeking bankruptcy protection.

The biggest change the law put into place was "means testing," which determines if the median income of a family is above a certain threshold.

Chapter 7 Means Test: Median Incomes

Typically, if a filing party's income is less than the median income, they can file for Chapter 7 bankruptcy. If it is more than the median, the court will order individuals and families to provide information about their incomes, debts and assets in order to determine if they are eligible to file.

As of January 2010, the following were the median incomes for families with one to six individuals:

• Family of one — $43,677
• Family of two — $50,079
• Family of three — $58,467
• Family of four — $70,237
• Family of five — $77,737
• Family of six — $85,237

Even with this requirement, you may still be able to file a Chapter 7 bankruptcy. If you do not qualify for Chapter 7 bankruptcy, there are other options, including Chapter 13 bankruptcy protection.

Bankruptcy Provides Immediate Relief From Creditors

Once you hire our Michigan personal bankruptcy lawyers, we begin working on your case immediately. Our attorneys inform creditors that you have filed a bankruptcy, are represented by counsel and they must cease all harassing phone calls and attempts to collect on outstanding debt. Bankruptcy stops home foreclosure actions, wage garnishment and automobile repossessions.

Our firm can assist clients in understanding all aspects of Chapter 7 consumer bankruptcy, such as debt liquidation, credit card liquidation, what types of debts are dischargeable and whether a single or joint filing is right for you.

Contact Our Taylor, Michigan, Chapter 7 Bankruptcy Lawyers

If you are experiencing financial hardship and need the legal advice and representation of an experienced Chapter 7 bankruptcy lawyer, please get in touch with our legal team at the law firm of Babut Law Offices, PLLC Contact us by calling 1-800-671-8068 or 734-485-7000 or by sending an e-mail.

•