What do you think when you hear the word bankruptcy? Most people view this as a last resort. They imagine losing property or damaging their credit beyond repair. Yet, bankruptcy can be a way to reorganize and restructure debt so you can move forward without the burden of past financial obligations.

There is a wide array of unique financial tools available under a Chapter 13 bankruptcy. This…

Written by and from the perspective of a Michigan Mortgage Loan Officer

Managing Attorney Chris Jones was recently interviewed and featured in an informational article about filing for bankruptcy and the benefits of Chapter 13 bankruptcy.

Attorney Michael Brown recently authored an article published in the American Bankruptcy Institute Journal.

Acclaim Legal Services is proud to announce that one of our bankruptcy attorneys, Christopher W. Jones, was recently quoted in DS News Magazine, a leading source for the mortgage servicing industry.

The foreclosure outlook for 2023 in Michigan is likely to be affected by many factors, including the ongoing COVID-19 pandemic, economic conditions, and government policies.

We understand that filing for bankruptcy is no ones “first choice”. While there are many benefits to be gained from filing for bankruptcy, we are always honest with clients during the initial free consultation. We counsel people on other options they may have to resolve their debts and/or if filling for bankruptcy is simply not the best route based on their current…

Attorney Christopher Jones was once again nominated and voted to become a 2022 Super Lawyer. This process selects the top 5% of attorneys and is a real honor, especially to be chosen year after year.

Changes to Your Report After Bankruptcy

If you have gone through a Chapter 7 Bankruptcy, you should be looking forward to a fresh start, with most, if not all, of your debt discharged.  

This year, 1.5 million people will file for bankruptcy. This is a serious situation that leads to major financial ramifications for several years. Therefore, there are a number of steps one should take in order to avoid these drastic financial steps. If you feel that you are falling behind financially, there are some important actions that you should avoid. These “financial traps’ could end up causing your more financial trouble that could lead to bankruptcy.