Michigan Bankruptcy Attorney Personalized & Skilled Representation

Common Bankruptcy Myths

Bankruptcy Lawyer in Michigan

There are many myths surrounding bankruptcy that can deter a person from considering this tool as a remedy to their debt problems.

Some of the more common falsehoods include:

  • If you are married, you must file a joint petition - A person that is married has the option of filing their own petition, or filing with their spouse.
  • You will lose all of your assets in a Chapter 7 - Only non-exempt assets are liquidated in a Chapter 7. A Michigan bankruptcy attorney can explain the laws that pertain to non-exempt property and determine which of your assets you will be allowed to keep.
  • You cannot have credit after bankruptcy - It may take time, but you will eventually be able to improve your credit score and regain your credit standing. You can start rebuilding your credit as soon as your bankruptcy case has been concluded.
  • Taxes can never be discharged in a bankruptcy - Under certain circumstances, taxes more than 3 years old can be discharged in both a Chapter 7 and Chapter 13.
  • You must have a minimum amount of debt to file - There is no legal criterion for the amount of debt you must have in order to file for bankruptcy.

My firm, Hensel Law Office, PLLC has many years of experience providing financial help to clients burdened by debts in areas such as Madison Heights, Royal Oak, Sterling Heights, Clinton Township, and Warren. As a Michigan bankruptcy lawyer, I can answer all of your bankruptcy questions and make sure you have accurate information regarding the process and how it will affect your future.

Bankruptcy Protection

When I founded my firm, I wanted to provide my clients with the attention their situation deserved and superior customer service. Large firms will often have clients meet with different attorneys knowledgeable in a particular area of bankruptcy law. Your case may even be delegated to a paralegal. I service all of my clients directly, and counsel them following their bankruptcy to make sure they are getting all of the benefits bankruptcy has to offer.

I also offer a free initial consultation, affordable rates and payment plans, so do not hesitate to contact the firm today.

Client Testimonials

  • He is respectful and down to earth with his approach to very complicated legal matters.

    “Hensel Law Office has helped me during a very difficult time in my life. Tom has done a wonderful job with my Chapter 13 case. He always kept in touch with me and explained everything in terms I could understand. I would highly recommend Mr. Hensel to anyone who is facing any bankruptcy filing. He is respectful and down to earth with his approach to very complicated legal matters.”

    Sandra

  • I greatly appreciate your time and effort.

    “It was a great pleasure and relief working with you through that tough time. I greatly appreciate your time and effort on our case. I will gladly and confidently recommend you to anyone I know facing a tough financial time requiring your expertise.”

    Jay

  • Utmost dedication and professionalism.

    “I chose to work with Tom Hensel after meeting with several big name firms in the area. Tom handled my unique situation with the utmost dedication and professionalism. The personal service I received from him made all the difference in my case. My only regret is that I didn't call him first.”

    Craig

  • Mr. Hensel walked me through every step.

    “I would highly recommend the Hensel Law Office!! Mr. Hensel walked me through every step, got my garnishments stopped very quickly (even got garnished wages returned to me!) and told me what to expect along the way. He answered all of my questions in a very timely manner- no matter what time I sent an email or gave him a phone call. Also, I felt his price was very reasonable compared to some of the other places that I called. Mr. Hensel answered plenty of questions that I had before I even became a client.”

    Carl

  • His knowledge and expertise made a very difficult time in our lives much easier.

    “From start to finish our experience with Mr. Hensel was great. He carefully and thoroughly explained the entire process to us and was always available for any questions or concerns we had. His knowledge and expertise made a very difficult time in our lives much easier. We are very thankful for his help in our situation.”

    Christine and John