The office of Keith Sirlin practices law in Waterford, MI and services all of Oakland County.
Our entire staff is dedicated to helping clients with their legal matters regarding:
-BANKRUPTCY CHAPTER 7 & 13
-FAMILY LAW/ DIVORCE
-REAL ESTATE LAW
Please contact our Waterford law firm with questions about your legal issue. Provide as much information as possible regarding your inquiry. While this contact does not serve to establish an attorney/client relationship, it will allow our legal team to begin an assessment of your case.
1071 WEST HURON ST
WATERFORD MI 48328
Michigan, Chapter 7 Bankruptcy
Chapter 7 bankruptcy has often been called "fresh start" bankruptcy because it erases most debts altogether. Chapter 7 bankruptcy is often the most appropriate strategy for people who have incurred overwhelming medical, or credit card debt, loan refinances or judgments, or who have lost an income source altogether through a layoff, divorce, or loss of child support.
While bankruptcy under Chapter 7 changed in 2005 with the new federal bankruptcy law, it is still available for most people. We will be happy to explain these changes and to help you determine if you qualify for Michigan Chapter 7 bankruptcy. Contact us to learn how we can help you.
How Does Chapter 7 Debt Relief Work?
Chapter 7 is for people who will likely never have the ability to pay back their debt under a debt restructuring plan in Chapter 13. After an initial consultation to see if you qualify, the process of filing Chapter 7 bankruptcy is straightforward. You will receive credit counseling and will then make one court appearance. Our bankruptcy attorney will prepare all paperwork and appear at court with you.
Filing Chapter 7 bankruptcy in Michigan resolves your debts:
Stop wage garnishment and utility shut offs.
It stops creditor harassment.
Erases any mortgage liability (first mortgage, second mortgage, home equity loan, etc.) in the event of a home foreclosure or a voluntary home surrender through the Chapter 7.
It provides total relief from unsecured debt, such as credit card bills, and medical bills, judgment, garnishment, utility bills, car repossessions, older tax debts and gambling debt.
Debt claims can be discharged in as little as six months.
Despite the many rumors and misinformation, Chapter 7 is still available although bankruptcy laws have made it more important than ever that you work with an experienced and knowledgeable bankruptcy attorney. If a filing is done incorrectly, it may be denied and you may not have an opportunity to apply again for relief from those debts.
Will Chapter 7 Save a Home or Car?
Chapter 7 bankruptcy offers a fresh start in many ways, but it cannot help you retain property that you can no longer afford. If your house is in foreclosure or about to be foreclosed upon, Chapter 7 bankruptcy may allow you to retain equity you have built in the house, but it is likely the house will be sold. If you have a vehicle, you will either need to reaffirm the debt or return the vehicle. At the free consultation we will advise you on all of your options and develop a personal strategy to resolve your debts while maintaining your personal property. If you are current on your mortgage payments, most likely you will be able to keep your home while discharging other debts by exempting any equity you may have in your home.
These are serious considerations and every bankruptcy situation is different. It will be important for you to consult a knowledgeable Chapter 7 bankruptcy attorney to advise you on the specifics of your case.
While attending law school in Lansing, Michigan, Mr. Sirlin was employed by the Michigan Department of Licensing and Regulation. Prior to graduation, Mr. Sirlin obtained a real estate salesperson's license and followed with a broker's license in 1980. Keith Sirlin has been a member of the Oakland County Board of Realtors since that time doing business as Sirlin Realty and is active in the purchase, sale, management and all phases of real estate transactions for himself and his clients.
During the 33 years he has practiced law, Mr. Sirlin dealt with thousands of real estate transactions, from simple residential leases to the complex transfer of multi-million dollar parcels of commercial real estate. In addition, Mr. Sirlin has a great deal of experience in the area of tax title matters. Keith Sirlin & Associates, P.C. represents the largest tax sale purchaser in Oakland County, Michigan, together with both in-state and out-of-state clients. The law firm has handled tax title cases at every level, including the district, circuit, probate and federal courts. Also, the firm has extensive experience in dealing with the Internal Revenue Service regarding tax title issues.
Mr. Sirlin is also the manager of the firm's office. He is charged with the responsibility of overseeing the quality of all legal services provided.
In 2002, Mr. Sirlin entered the business of providing residential mortgages. He partnered with a business associate to form Great Lakes Mortgages Brokers, LLC.
Trustees, Congregation Shanrey Zedek; Member, Board of Directors, Michigan State University Hillel.
Thomas M. Cooley Law School