DebtStoppers Detroit

DebtStoppers Detroit DebtStoppers is a debt relief agency in Detroit area helping people find financial freedom through ba

10/08/2021

There is a lot of false information out there about bankruptcy, much of it generated by lending agencies and banks since it is in their interests to discourage people from filing. You can count on a bankruptcy attorney to tell you exactly what your rights are and what you can do.

10/06/2021

Did you know bankruptcy is both a federal and a Constitutional right?
Article 1, Section 8, Clause 4 of the United States Constitution states: "The Congress shall have Power To…establish…uniform Laws on the subject of Bankruptcies throughout the United States…."

10/04/2021

Chapter 7 bankruptcy takes an average of six months to complete and will remain on an individual's credit report for 10 years. Some personal items and real estate may be able to be kept, depending on the state.

10/01/2021

Filing for bankruptcy is not an indicator of financial irresponsibility, so don't let worries about what other may think stop you from going forward. In many cases, people are forced into bankruptcy because of the circumstances of their lives.

09/29/2021

Even when a person files for bankruptcy they typically are able to keep their assets, wages, alimony & even their home. There is a light at the end of this dark tunnel. Restoring credit over time can happen as well. It's not the end of the world as some think.

09/27/2021

For those with few assets, or whose debt is unsecured, Chapter 7 bankruptcy is usually recommended. In many cases, if there is any debt remaining once the non-exempt assets and property are sold, it may be discharged.

09/24/2021

During the bankruptcy procedure, a “meeting with the creditors” will take place and its primary purpose is to gather all the facts about the debt of the filer. Seeking guidance from an attorney can prepare you so that it goes smoothly.

09/22/2021

What are the exceptions for bankruptcy? Student loans, tax debt, child support and alimony payments are not dischargeable. These debts stay with you no matter what!

09/20/2021

A nice saying by Johann Wolfgang von Goethe, a German writer: “Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time.”

09/17/2021

Before entering into a Chapter 7 bankruptcy, filers must meet the requirements of the Chapter 7 “Means Test.” This is necessary to make sure that only those who are genuinely qualified for Chapter 7 are allowed to use it and to prevent those in better financial health from exploiting it.

09/15/2021

Filing for bankruptcy could be the right solution for you to start settling your finances, but the decision ultimately depends on your own personal circumstances. Seeking professional guidance and services helps in ensure you’re making the right decision.

09/13/2021

In a Chapter 7 bankruptcy, if the debtor has no nonexempt assets, then the case is called a "no-asset" case, and the debtor usually receives a discharge of debt soon after, removing the obligation to repay creditors.

Address

11101 S. Western Avenue
Chicago, IL
60643

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 1pm

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