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 Chapter 7 - Only non-exempt assets are liquidated in 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 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

  • 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

  • Tom Hensel is definitely the right attorney to call!

    “I was referred to Tom Hensel by a friend. My first impression was not only was Tom professional but he's so kind and caring too. He helped my husband and I through an embarrassing, scary situation and definitely made it more positive one. He guided us through our options and helped us make the right decision for us which ended up being a chapter 7 bankruptcy. Tom was so knowledgeable and helped us throughout the whole process. He never once made us feel uncomfortable or dumb when we had questions. He was also very easy to get a hold of when questions would come up and would always return our calls and emails promptly. I strongly recommend Tom to anyone going through this kind of financial nightmare. Do yourselves a favor and call him right away. He will help you get on the right path again. Our only mistake was waiting so long to call him!! When we in court waiting our turn all the other attorneys referred to their clients as "The debtors" Tom on the other hand acknowledged us by our names. Little things mean a lot and that left a lasting impression with us. Tom Thank You again for all your help!!”

    Stacy S.

  • Sincerest thanks for all of your help in affording me what I consider a real "fresh start."

    “I wanted to give you my sincerest thanks for all of your help in affording me what I consider a real "fresh start". My divorce was unfortunate but definitely a needed change for the better. However, the financial side of things still seemed to keep that past linked, which makes this an enormous weight lifted. I just can't believe the impact it's made on my outlook with...everything.I will be sure to keep your business cards handy to distribute along with highly favorable words of recommendation should the needs arise.Thank you again for your time and professional guidance.”

    Michelle

  • We have and will continue to recommend you to others in need of a fresh start.

    “Dear Tom, my husband and I wanted to express our deepest thanks for the help you gave us during our embarrassing and stressful time. I was very impressed that you returned every phone call in a timely manner. You were able to explain exactly what was going to happen in words that "we" could understand. You answered every question we threw at you. The whole bankruptcy process from start to finish was complete in the time you told us it would take. Your professionalism yet friendliness made the whole experience for us almost enjoyable... almost! We have and will continue to recommend you to others in need of a fresh start.”

    Melissa

  • He always responded quickly and intelligently.

    “Mr. Hensel made a difficult and uncomfortable situation as easy as possible for me. He always responded quickly and intelligently to my questions and never made me feel as if I were bothering him. He explained the unknown aspects of bankruptcy, the court system, and my options in clearly understandable terms. I felt confident that he was handling my case in the best possible manner and in my best possible interests. I feel lucky to have found the Hensel Law Office and I never hesitate to refer others who could use assistance - because I know they will get superior service and help.”

    Kelly