Grand Rapids Bankruptcy Attorney | Chapter 7, 11, 12, 13 Bankruptcy


When you are facing financial problems and have questions about your bankruptcy options between the different types of bankruptcy in the Grand Rapids area, it is important to have the representation of a good bankruptcy attorney. Krupp Law Offices P.C. has been providing quality bankruptcy representation for over 85 years. If you are facing financial problems or have questions about your options including bankruptcy, call the bankruptcy attorneys at Krupp Law Offices P.C. for a free phone consultation. During your phone consultation, our attorneys will provide you with immediate answers to your questions and schedule an appointment with one of our bankruptcy attorneys.


CHAPTER 7, 11, 12, or 13 - WHICH ONE IS BEST FOR ME?

There are four chapters of the federal bankruptcy code under which an individual may file a bankruptcy petition. There is chapter 7, chapter 13, chapter 11, and chapter 12. All bankruptcy cases are started with the filing of a bankruptcy petition. A bankruptcy petition tells the financial status of the debtor to the court. The bankruptcy petition will list all of the debtor's assets, debts, income, expenses, and other financial information. The bankruptcy petition is a public document. In addition to a bankruptcy petition, chapter 13, chapter 11, and chapter 12, requires the debtor to file a plan of financial reorganization.

Under the federal bankruptcy code, a debtor can claim certain property as exempt. For example, the federal bankruptcy code allows a debtor to file bankruptcy and still retain 21,625.00 dollars in house equity, 3,450.00 dollars in a vehicle, 11,525 dollars in household goods, and additional other exemptions. As such, a person can file bankruptcy and still retain substantial assets. In addition to the exemptions, most if not all retirement benefits from a qualified plan are fully exempt. Alternatively, a person can choose state exemptions. Some states have more advantageous exemptions than the federal bankruptcy code. It is the debtor's choice to determine whether they will elect the federal or state exemptions.


CHAPTER 7:  Chapter 7 bankruptcy is a complete liquidation of your debts. Chapter 7 bankruptcy is what people typically think of as bankruptcy. Chapter 7 bankruptcy is designed for debtors who are unable to pay back their debts. Under chapter 7, a debtor does not pay back his unsecured debts. Debts that are secured (homes, cars, and furniture loans) are usually repaid and a debtor can retain the property. Alternatively, the debtor can return the secured property to the creditor and not reaffirm the debt or pay the debt. A typical chapter 7 bankruptcy last approximately four months. At the end of the bankruptcy the debtor receives a discharge of all of his debts listed in the petition. There are some debts that are not discharge under the bankruptcy code. Typically debts that are non-dischargeable include certain taxes, student loans, child support, alimony, debts as a result of fraud, and debts as a result of a drug driving judgment. Attorney’s fees for chapter 7 can range between 900.00 and 1500.00 dollars. In addition there is a 306.00 dollar filing fee. Also see common chapter 7 bankruptcy questions

CHAPTER 11 & 12: Similar to a chapter 13 is a chapter 12. A chapter 12 is limited to those debtors who drive majority of their income primarily from a family-owned farm. A Chapter 11 bankruptcy is designed currently for the reorganization of a business was also available to individual debtors. A Chapter 11 also proposes a plan to pay past outstanding debts in the future similar to a chapter 13.


CHAPTER 13: An alternative to chapter 7 bankruptcy is a chapter 13 bankruptcy. Under a chapter 13 bankruptcy payments are made to a trustee. The payments to the trustee are based on your ability to pay not the amount of your debts. Under chapter 13 a debtor proposes a plan to pay part or all of his debts. The plan can be as short as 36 months or as long as 60 months. For example, a chapter 13 plan may propose to pay creditors 10 percent of the total amount owed. A chapter 13 can be advantageous to the debtor by allowing them a method to pay back house payments or car payments and still retain the property. A chapter 13 can also be advantageous to the creditor because they will receive sum payment as opposed to no repayment under chapter 7. Attorney’s fees for chapter 13 are usually 3,000 dollars plus a 294.00 dollar filing fee (attorneys fees can be paid through the plan). See also - common chapter 13 bankruptcy questions .


If you are facing financial problems, a good bankruptcy attorney is not optional, it is a requirement! Our bankruptcy attorneys can answer your questions with straight talk. Having the right bankruptcy attorney on your side can relieve your stress during difficult financial times. Our bankruptcy attorneys have over 85 years of bankruptcy experience. We can provide you with excellent bankruptcy representation.

Krupp Law Offices P.C. is located in downtown Grand Rapids, Michigan and has the right bankruptcy attorney for you. We represent clients in all bankruptcy matters throughout West Michigan, including the cities of Grand Rapids, Holland, and Grand Haven, and the counties of Kent, Ottawa, Allegan, Barry, Newaygo, Montcalm, Muskegon, and Ionia.

Call for a free phone consultation.  Our office can help.

Christian Krupp

CEO & Founder

Christian G Krupp II was born and raised in Grand Rapids, Michigan.Chris attended Michigan State University and graduated in 1988.He attended Thomas M. Cooley Law School where he was a member of law review and one of the few students that had his law review article published.Christian Krupp graduated from law school with honors in the top ten percent of his class.His legal career started and Dykema Gossett, Michigan’s largest law firm.While at Dykema, he was involved in a diverse practice groups including the corporate, finance, and legislative areas.

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George Krupp

Creative Director

George Krupp was born in Grand Rapids, Michigan.He was admitted to practice law in 1961 and started practice in Grand Rapids, Michigan in 1962 in the Kent County Prosecutor’s Office.After years of success in the Kent County Prosecutor’s Office in Grand Rapids, Michigan, George Krupp left for private practice where he has worked for over fifty years.Over his fifty years of experience he has represented thousands of clients in civil and criminal cases.His primary concentration has been in domestic (family law / divorce cases) and criminal cases.

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