Michael Corcoran PC
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Michael Corcoran PC
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. Michael P. Corcoran is the Attorney at Corcoran Law Office, and has practiced law in Michigan since 1985.

He is a graduate of the University of Michigan and Cooley Law School. Mike is a member of the State Bar of Michigan. Corcoran Law Office handles cases for people in the following counties: Grand Traverse, Leelanau, Antrim, Emmet, Charlevoix, Kalkaska, Benzie, Wexford, Manistee, Lake, Osceola, Missaukee, and Mason.
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.
We belong to the National Association of Consumer Bankruptcy Attorneys.
We truly value our clients.
Furthermore we offer payment plans and make ourselves accessible to your questions and concerns.
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.
A "discharge" is a Federal Court Order prohibiting the collection of a listed debt.
As a result of Bankruptcy your creditors are prohibited from calling, billing, suing or contacting you.
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.
The Plan must be approved by the Court to become effective.
If the Court approves the debtor's Plan, most creditors will be prohibited from collecting their claims from the debtor.
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.
Creditors often seek garnishment of a person's wages.
We can stop the garnishment due to filing a bankruptcy under any chapter of the code.
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.
It is an option for those that do not qualify for Chapter 7.
A. You are required to list ALL debts, with the exception of your present monthly utilities.
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