Bankruptcy Frequently Asked Questions
What is bankruptcy? How does it work? More Frequently Asked Bankruptcy Questions
Chapter 7 Bankruptcy
Chapter 7 bankruptcy the most common form of bankruptcy, it is the quickest and least expensive form.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is commonly known as “reorganization”. This is an option for those who do not qualify for Chapter 7. This is a plan where you pay back an approved sum through a payroll deduction over the course of three to five years. You pay your creditors all or a percentage of what you owe over the course of your plan. If there is an unsecured balance owed once your plan is complete the balance is discharged. The payment in...
Foreclosure Help Before you know it the home you worked so hard for can be taken away from you. You may still end up owing money if the sale of the home does not cover your loan balance. This is known as a foreclosure deficiency, and it could run into tens of thousands of dollars! If you are threatened with foreclosure you may be able to prevent this scenario, but you need to act fast. We are a bankruptcy...
Lawsuit, Garnishment, and Repossession
Does a creditor have a lawsuit against you? Has your Wages, Bank Accounts or State Income Tax refunds been garnished? Was your vehicle repossessed? Corcoran Law Office has defended people from creditor garnishments, repossessions and lawsuits since 1985. We can help stop the action by filing a bankruptcy. Call our office today to see what steps we can do to stop the action against you and help you with a fresh start.
If a creditor is suing you, we can defend you in Court. We review the facts and circumstances of your case, and offer the appropriate response.
Are you facing a foreclosure and want to save your home? You may be able to prevent the foreclosure, but you need to act fast. We provide help to those facing a pending foreclosure. One thing to remember is time is not on your side. Don’t wait until it’s too late. By offering foreclosure help, we can stop the sheriff sale. We have helped people since 1985 avoid foreclosure by filing Chapter 13 Bankruptcy.
Please contact Corcoran Law Office to determine how we can help you stop the sheriff sale. We offer a free telephone evaluation. This may be your last and only chance to save your home.
Contact Corcoran Law
Contact Corcoran Law
Please contact Corcoran Law office to discuss your bankruptcy, foreclosure, lawsuit defense and divorce options. Attorney, Michael P. Corcoran has been in practice since 1985 and has handles thousands of cases. We offer a free confidential telephone evaluation and offer payment plan options. Corcoran Law office looks forward to hearing from you. Our office is located at 617 West Front Street, Traverse City, MI 49684. We handle cases in the following Michigan counties: Grand Traverse, Leelanau, Antrim, Emmet, Charlevoix, Kalkaska, Benzie, Wexford, Manistee, Missaukee, Mason, Lake and Osceola.
Telephone: (231) 929-7000
Fax: (231) 929-7068
We have helped people in Northern Michigan file for Bankruptcy and save their homes since 1985