Senior Citizen Bankruptcy can be a difficult topic. All to often senior citizens get into financial trouble. Often times, they are embarrassed or afraid to reach out for help with their financial problems. Their financial problems can be caused by a needy child, financial mismanagement, gambling, or depression. If you or a loved one is a senior citizen and is facing financial problems we can help. We have over 85 years of experience with senior citizen bankruptcy.
Senior citizen bankruptcy can pose unique problems and challenges. Senior citizens can file chapter 7 bankruptcy and chapter 13 bankruptcy based on their needs. Social security and pension money is not considered income for means testing purposes. As a result, a senior citizen bankruptcy has no problems with means testing. All retirement accounts are exempt from bankruptcy. a senior citizen gets to keep all retirement accounts. Senior citizen bankruptcy can present difficulties if there is significant house equity. This problem can be fixed by filing a chapter 13 bankruptcy or using state exemptions.
Who can I talk to about senior citizen bankruptcy?
You can speak to a bankruptcy lawyer immediately to review your specific case. We offer a free consultation to review your case.
How do I get started with my senior citizen bankruptcy?
Getting started is easy. Just pickup the phone and call our office. You will speak to a bankruptcy attorney immediately.
When you need a Grand Rapids Bankruptcy Lawyer, remember to call Krupp Law Offices PC for fast honest advice about your financial problems and get honest advice about your options. Krupp Law Offices represents clients in cases throughout West Michigan, including the cities of Grand Rapids, Kalamazoo, Big Rapids, Ionia, Muskegon, Grand Haven, Stanton, Greenville, Wayland, Allegan, Holland, Newaygo, Coopersville, Hastings, Middleville, Wyoming, Rockford, including Kent County, Ottawa County, Newaygo County, Ionia County, Mecosta County, Barry County, Montcalm County, Allegan County, Kalamazoo County, Osceola County, Lake County and Muskegon County, Michigan.
Call for a free phone consultation.
Our office can help.
KRUPP LAW OFFICES PC
Grand Rapids Bankruptcy Lawyer
161 Ottawa NW Suite 404
Grand Rapids MI 49503