Identifying your secured and unsecured debts is one of the first steps in evaluating your legal debt relief options. The kinds of debts you are carrying, as well as your primary concerns about existing assets or property, are key points that must be considered when evaluating your situation and identifying the options most suited to you. At Tishkoff PLC, our attorneys will take the time to work with you, face-to-face, as they make a careful assessment of your unique financial problems.

Unsecured Debt

Unsecured debts are not attached to physical property. For example, credit card debts, medical bills and lines of credit are all considered unsecured debts. In order to eliminate these debts through bankruptcy, they also must be dischargeable. Any debt that is guaranteed by, or due to, the government is generally considered nondischargeable, which is why taxes, student loans, child support and criminal fines and restitution cannot be cleared through a bankruptcy.

The vicious cycle of credit card debt can keep you trapped by high interest rates, late fees and other penalties that result in your total balance increasing each month, even when you have made timely minimum payments. One way to escape the cycle is by discharging unsecured debts through bankruptcy.

The sooner you act, the sooner we can begin working to protect key assets and discharge unsecured debts through Chapter 7Chapter 11 or Chapter 13 bankruptcy.

Secured Debt Attorneys

Whenever a debt is tied to physical property, like a house or car, it is considered secured. For many people, these tend to be some of the largest debts they have. Depending on the situation it may make more sense to surrender the property and use bankruptcy to eliminate any remaining debt. In other cases, finding a way to keep a home or a car is a top priority. Whatever your circumstances, we are here to help you identify a plan that is most suited to your unique financial struggles and your long-term goals.

Call For a Free Consultation With Experienced Bankruptcy Lawyers

For a free 30-minute consultation with our secured and unsecured debt attorneys, please contact our office today. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.


407 North Main Street
Ann Arbor, Michigan 48104
Phone: (734) 663-4077
Toll free: 1 (855) TISH-LAW
Email: tishkoffplc@Tish.Law
Fax: (734) 665-1613

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