A Helping Hand For Michigan Families
Over 120 years of combined legal experience advocating debt resolution for our clients.
We look forward to earning your trust.
Chapter 13 Bankruptcy in Michigan: Using the Reorganization Plan to Reduce Your Vehicle Payments
Posted by AcclaimLegalService
One major benefit of the Chapter 13 reorganization program is the ability to modify the terms of a vehicle loan. In most every case we are able to help you reduce your monthly payment by reducing the interest rate and lengthening the finance terms. In some cases, we can legally reduce what you owe on the vehicle! Call us today at 866-261-8282 for a free…
New Study Shows Staggering Percentage of Americans are Being Garnished - Are You at Risk? Steps to Protect Yourself!
Posted by AcclaimLegalService
In a recent study* providing the first national numbers available on the impact of wage garnishments, the findings show that a staggering 1 in 10 working Americans between the ages of 35 - 44 are experiencing a wage garnishment. That means that 10% of that adult sector is loosing 25% of their wages each pay period.
If you have unresolved debt, don't…
Recent Study Shows that Filing Chapter 13 Increases Your Life Expectancy & Your Bank Account!
Posted by AcclaimLegalService
In a study* released last month by the National Bureau of Economic Research, two economists examined half a million bankruptcy filing in the U.S. to determine the effect of bankruptcy laws on consumers and their subsequent outcomes. The results they cited are powerful:
"½we find that Chapter 13 protection increases…
Does Filing Bankruptcy Decrease Your Credit Score?
Posted by AcclaimLegalService
One of the biggest impediments or hurdles for people considering bankruptcy is the perception that it will have a negative impact on their credit. Will they be extended future credit?½..be able to purchase a house?½.a car? Yes, yes & yes! It surprises most people to learn that filing bankruptcy will actually have a positive effect on your credit. Why? Here are the reasons (& credit score projections…
New Bankruptcy Attorney, Francesca Lousia, Joins Acclaim Legal Services
Posted by AcclaimLegalService
The firm welcomes Francesca A. Lousia to our Southfield, Michigan office! Attorney Lousia joins Acclaim with over four years of experience in consumer bankruptcy, debt resolution and debt collection.
Attorney Lousia attended Wayne State University Law School where she received her Juris Doctor in 2008. While in law school, Attorney Lousia was a…
What is a Proof of Claim in Chapter 13 Bankruptcy?
Posted by AcclaimLegalService
Chapter 13, simply put, is a debt consolidation and reorganization plan that uses court oversight and Federal Law to provide protections and rights that may not be available in a typical debt management program. The plan is specific to each person's individual situation and circumstances. This allows for flexibility in terms of proposed repayment terms and how…
Is it Time to Consider Bankruptcy? 6 Questions to Ask Yourself½
Posted by AcclaimLegalService
How do you know if bankruptcy might be your best option for debt resolution?
Below are some typical questions we discuss with our clients at the initial free consultation to determine if they need our assistance with bankruptcy or a debt settlement solution. If you feel you may need to speak with a professional,…
Timelines While Filing a Chapter 13 Bankruptcy in Michigan
Posted by AcclaimLegalService
A Chapter 13 Bankruptcy, simply put, is a court authorized debt consolidation program. Because the Chapter 13 program provides court protection, the plan offers many unique benefits over traditional debt management programs. Below are some of the benefits of consolidating debt under a Chapter 13 Bankruptcy:
- Legal protection…
Recent Study Found that One Third of All Michigan Families are Experiencing Debt Collection
Posted by AcclaimLegalService
According to a recent study of more than 7 million American's by the Urban Institute, Michigan is ranked in the lowest bracket nationally for average debt load - great news, right?
- Average debt load in Michigan per household is $43,377 vs. the highest state, Virginia, with an average debt load of $74,279 per household.
While it is wonderful…
Can I Choose Which Debts or Creditors to Include in My Bankruptcy?
Posted by AcclaimLegalService
The answer: Yes & No! Confused? Read more about the specifics of how debts are treated in bankruptcy and the key differences between filing a Chapter 7 and Chapter 13 bankruptcy in Michigan. Also, our firm does offer a free consultation - over the phone or at one of our seven Michigan locations in: Detroit, Ann Arbor, Dearborn, Flint, Warren, Lansing…
Latest Posts
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Attorney Michael Brown Author's Articles for American Bankruptcy Institute
- Jul 22, 2024 -
Attorney Christopher W. Jones Quoted in DS News Magazine
- May 23, 2023 -
Michigan Foreclosure Forecast for 2023
- May 12, 2023 -
Avoiding Bankruptcy in 2023
- May 09, 2023 -
Attorney Christopher Jones was nominated and voted to become a 2022 Super Lawyer
- Oct 17, 2022
I retained representation with Acclaim Legal Services after I had previously retained representation by a different law firm. My previous attorney was never available for me to consult with them, and treated me very rudely. As a result of this treatment I decided to retain Acclaim Legal Services to…
Almost a year ago to the day, I walked into your office overwhelmed and defeated and hopeless because of where I was at financially as a result of a difficult divorce. This last year has been a long and hard journey.
My Chapter 13 attorney was awesome in court and brought conclusion necessary…
I often email you guys with a load of questions or asking for things… but I wanted to take this time to say thank you for all you do. You guys work hard and have been extremely dedicated to helping me with the various things that have come up – even with those…
Thank you William Johnson and Cindy Millns for doing such a great job handling my bankruptcy case and allowing me to get my life back in order. Thank you for giving me a chance to regain confidence and succeed in life to the fullest.
I will tell anyone…