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.
If you cannot afford or do not wish to keep the property any longer, you can surrender it to the creditor or let the foreclosure/repossession occur. In the case of a foreclosure, you often have a “redemption period” where you continue living in the house. You are able to sell the house before the expiration of the redemption period if you can pay off the lender in full. Remember that charges are still accruing even after the foreclosure sale, so make sure that you have an accurate pay-off before agreeing to terms of the sale.If you voluntarily surrender (or experience repossession on) a vehicle because you can no longer afford it, the lien holder will likely charge you with a deficiency balance of the loan. That is, the difference between what you owed on the loan and what they were able to sell it for at public auction.In the cases of high deficiency balance(s), second mortgages on your home that are not included in the foreclosure or a judicial foreclosure – you may want to file a Chapter 7 to discharge these debt obligations.
Acclaim Legal Service is an outstanding firm to use for your bankruptcy need. The team of employees are courteous and knowledgeable. Attorney, Chris Jones, is thorough, consistent and resilient. He will stand up for you and with you through the entire bankruptcy…
I wanted to take the time to commend attorney Chris Jones for the exceptional job he did in advocating for me during my case. This has been a long journey and his efforts, professionalism, and tenacity enabled me to finally receive a favorable judgment. Although…
My overall experience with Acclaim Legal Services has been excellent. They created a workable budget for me while allowing me to reduce my debt. They were very prompt and helpful when I had questions or concerns. They helped me modify my home mortgage so that…
It has been a pleasure working with you and Atty Chris Jones. Thank you very much for all your help and guidance. God bless you all. Thumbs up for your services.