Is Chapter 7 or Chapter 11 bankruptcy the right option for your business?
Businesses may end up struggling financially for many different reasons. Perhaps there has been a sudden surge in material costs when a business had already locked in client prices, forcing the company to take a loss on several large projects. Perhaps there has been a drop in demand, which means that the company’s revenue has … Read more
What does every vendor contract need?
There are several important elements that every vendor contract should include to ensure that all the parties involved understand their obligations. Clarity of language and intent also make the contract more easily enforceable if there’s a problem. Knowing some of the basics that a contract with a vendor should cover can help you better protect your business … Read more
What’s a Buy-Sell Agreement, and Does Your Business Need One?
When you’re in business for yourself, there are a lot of different possibilities you have to consider – including the fact that you or one of your business partners may one day decide to move on to something else, retire or pass away. A buy-sell agreement is one way you can plan ahead for these kinds … Read more
How Chapter 13 bankruptcy helps those worried about foreclosure
Homeowners in the Royal Oak area often pay a premium to live in a prestigious neighborhood with better schools when compared with those in nearby counties. It is common for families to dedicate a significant portion of their household budgets to mortgage payments and other housing-related expenses accordingly. Unfortunately, it usually takes decades to pay … Read more
3 Benefits That Trusts Create for Those Planning Their Estates
Trusts require a bit more consideration and planning to add to an estate plan than a simple will. However, those who commit the time and effort necessary to create trusts often reap valuable benefits. Trusts are useful estate planning tools for people in a broad range of personal and financial situations. The exact benefits you … Read more
What should your business plan include?
It is more common than some people realize for entrepreneurs to start a company without ever writing out a business plan. Such entrepreneurs may consider themselves flexible and claim that they want to adapt their practices to real-time feedback. However, a lack of a business plan can put them at a disadvantage when communicating with … Read more
Common estate planning mistakes people should avoid
Young couples who are building a family together and professionals who are thinking about their security need to put together estate plans. As do retirees, young adults and anyone else who has a vested interest in controlling their legacy instead of handing that power over to the state. Someone’s current family and financial circumstances determine … Read more
Dos and Don’ts for Bankruptcy
Bankruptcy is a legal process that enables consumers to get rid of their debt and start fresh through the court system. Depending on the type of bankruptcy filed, some consumers will have to make monthly payments to the bankruptcy court over a specified period of time, while others will have their debts dissolved. There are … Read more
Can I keep my home or car when filing for bankruptcy?
One reason that some people don’t file for bankruptcy is because they don’t want to lose their assets. They think of bankruptcy as a process of liquidating assets, paying off their creditors with the money from those sales and then having the rest of their debt forgiven. They do want to get rid of their … Read more
Two Ways Filing for Bankruptcy Provides Immediate Relief
Bankruptcy is designed to offer relief to debtors who have gotten in over their heads. For many debtors, the most immediate relief comes in the form of the automatic stay. The automatic stay is an injunction that goes into place as soon as your bankruptcy petition is filed. It serves to put an immediate halt to most … Read more
Let’s Talk AboutYour Financial Future. Call For A Consultation.
For trusted help in matters of bankruptcy, estates, business, taxation or real estate, we encourage you to contact us for a no-obligation consultation. During our first meeting at our Royal Oak office, over the phone or via videoconference, you will be introduced to your main point of contact who will work closely with you throughout your case. We will take the time to listen to your story, answer your questions and develop a plan for success. No judgment, just advice geared toward your financial goals backed by decades of experience.
Please call 248-927-2755 or send us an email to learn more or to schedule an appointment. We look forward to serving you.
Contact The Office
Address
Royal Oak, MI 48067
Phone
Hours
Sun: - CLOSED
Mon - Fri: 9:00 AM to 5:30 PM
Sat: - 9:00 AM to 1:00 PM
Address
401 N. Main Street
Royal Oak, MI 48067
Email Us Today
Map Us