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Michigan Bankruptcy Attorney Personalized & Skilled Representation

Common Bankruptcy Myths

Dispelling Bankruptcy Misconceptions in Michigan

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

My firm, Hensel Law Office 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. 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.

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.

Reach Out for Experienced 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

  • 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

  • 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.

  • 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 was the most professional.

    “I researched 3 attorneys before signing with the Hensel Law Office for my bankruptcy proceedings. Tom was the most professional and he explained all of my questions without trying to make a quick buck on me. I would recommend Hensel Law Office to my friends or family going through a similar difficult situation.”

    Jerry

  • 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