Bankruptcy

Chase Bylenga Hulst, PLLC attorneys have over 120 years of combined bankruptcy experience representing debtors, creditors, and trustees in bankruptcy. The diverse experience of our attorneys allows us to provide clients with unique insights and customized strategies that other law firms may miss. Our attorneys frequently appear in bankruptcy matters in Grand Rapids, Kalamazoo, Lansing, and Traverse City.

Creditor Services

When a debtor files for bankruptcy, creditors need reliable, practical, and innovative counsel to protect their rights and maximize their return. The attorneys at Chase Bylenga Hulst, PLLC represent creditors in actions to object to a debtor’s discharge, object to confirmation of a debtor’s plan of reorganization, enforce security agreements, file proofs of claim, and lift the automatic stay to allow creditors to repossess secured assets.

Call Chase Bylenga Hulst, PLLC today to learn more about how to protect your rights against debtors in bankruptcy.

DEBTOR Services

Many individuals and corporations run into unexpected problems that leave them unable to meet their financial liabilities. Most lenders are unable or unwilling to work with debtors even when the debtor is doing everything in their power to pay the lender. Fortunately, the law provides a number of options to force creditors to work with debtors.

Under Chapter 7 of the United States Bankrupt Code, individuals can discharge their liability to unsecured creditors. Unsecured debts that can typically be discharged in a Chapter 7 bankruptcy include: medical debts, lawsuit judgments, personal loans, credit cards, deficiency balances from houses or vehicles that were foreclosed or repossessed, and utility bills.

By utilizing Chapter 13 of the United States Bankruptcy Code, debtors can stop foreclosures, stop repossessions, stop garnishments, catch up on mortgage arrears, potentially lower their car payments, and discharge unsecured debts. Small business owners may also be able to force commercial lenders to reduce or modify commercial loans.

Chapter 11 and Chapter 12 of the United States Bankruptcy Code allow businesses and farmers to reorganize and discharge their obligations. There are very few bankruptcy practitioners in Grand Rapids and West Michigan that are willing to handle these complex cases. The highly skilled practitioners at Chase Bylenga Hulst, PLLC can work with you to develop successful plans to reorganize your farm or business.

Our attorneys have successfully negotiated creditor settlements, reorganized businesses, completed workouts with creditors, reduced tax liabilities, and filed thousands of bankruptcies. We routinely develop strategies to save your house and vehicles, protect heirlooms and other valuable assets, and stop creditors from garnishing your paycheck.

Call Chase Bylenga Hulst, PLLC today to learn more about how to reduce or eliminate your debts without losing the assets you love.

FAQ

I just received notice that someone filed bankruptcy against me.
Is there anything I can do?

Yes, there are a number of options available to you as a creditor in a bankruptcy. Your options depend on the type of debt. You may be able to object to the debtor’s discharge, object to the debtor’s plan of reorganization, repossess collateral, or file a proof of claim to receive payments through the debtor’s bankruptcy reorganization.

What types of debts may be non-dischargeable in bankruptcy?

Debtor may not be able to discharge certain divorce obligations, debts incurred through fraud, debts incurred through willful and malicious acts (such as assaults), student loans, tax obligations, trust funds, and debts classified under the Michigan Builder’s Contract Fund Act.

I owe back taxes to the IRS and State of Michigan, can I discharge them in bankruptcy?

Possibly. Certain taxes can be discharged in bankruptcy while others cannot. Even if your taxes cannot be discharged, filing a plan of reorganization may allow you to pay back your taxes interest free over five years.

I run a small business. Business is slow and my creditors are threatening to shut me down. Can bankruptcy help me?

Yes. Depending on how your business is organized, Chapter 11, Chapter 12, and Chapter 13 of the Bankruptcy Code may provide you with an opportunity to pay back a portion of the business debt while protecting your assets and allowing you to continue to operate your business.