We are a Bankruptcy Law firm located in Traverse City, Michigan. Corcoran Law Office is focused on providing debt relief to Debtors under the Bankruptcy Code. The firm has helped clients file for bankruptcy relief since 1985. For more than three decades, we have provided our clients relief under Chapter 7, Chapter 13, Chapter 11 and Chapter 12 of the Bankruptcy Code.
Our team only practices in Bankruptcy law, therefore we have the experience and knowledge to help you through the process. When you choose to retain Corcoran Law Office for your Bankruptcy needs, you can feel confident knowing that your financial future is in the hands of capable and competent professionals.
Our team only practices in Bankruptcy law, therefore we have the experience and knowledge to help you through the process. When you choose to retain Corcoran Law Office for your Bankruptcy needs, you can feel confident knowing that your financial future is in the hands of capable and competent professionals.
Services
The history of Corcoran Law Office starts with the Attorney, Michael P. Corcoran who is the owner of Corcoran Law Office. Michael Corcoran has been in practice since 1985 and has handled thousands of bankruptcy cases. Corcoran Law office takes pride in promptness and courtesy while overseeing all aspects of your bankruptcy case no matter the size or complexity.
Michael P. Corcoran is an Attorney who has over 30 years of experience with Chapter 7 Bankruptcy and has filed thousands of cases. Chapter 7 is commonly known as a "fresh start Bankruptcy". In addition it is the most common form of bankruptcy. In general, a qualified person or married couple will receive a discharge of their unsecured debt.
Chapter 13 is commonly known as "reorganization". This is a Plan where you pay back an approved sum through a payroll deduction over the course of 3 to 5 years. A Chapter 13 allows a person to repay all or a portion of their debts. A person who files a chapter 13 is called a debtor. In a chapter 13, the debtor must submit to the Court a Plan for repayment of all or a portion of debts.
Corcoran Law Office defends people from creditor garnishments, repossessions and lawsuits. Creditors may sue people who don't pay their debts. Consequently they can obtain a judgment which is a "tool" necessary to begin the collection process. Once a judgment has been entered, creditors may seek to garnish, seize or levy bank accounts, paid for automobiles, and personal belongings.
A. Bankruptcy is a process in which consumers and businesses can eliminate or repay some of their debts. Chapter 7: It works so that your unsecured debts are deemed discharged by the Court, and you cannot be forced to pay them. Certain debts are not eligible e.g. Chapter 13: This is a plan where you pay back an approved sum through a payroll deduction over the course of 3 to 5 years.
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