${site.data.firmName}${SEMFirmNameAlt}
Call for a Free Initial Consultation
Review Us
888-807-5629
734-403-4189
Creating Personalized Solutions We use our skill and experience to help each client secure the best available resolution to their situation.

Bankruptcy law may benefit struggling seniors in Michigan

According to a recent report, hundreds of thousands of seniors in the United States age 85 and older are returning to work. Why? Debt, particularly medical debt. Bankruptcy law may benefit the situations of numerous struggling seniors in Michigan.

An 87-year-old male in a neighboring state made headlines recently for looking for work as a truck driver. He is planning on leaving retirement to help pay for his spouse's medical debt. She suffers from a number of ailments and is frequently hospitalized. The couple has already sold their home and many of their possessions to pay their creditors. Unfortunately, it has not been enough, and this man feels that seeking out a trucking job is his only option at this point.

The rate of seniors filing bankruptcy has risen 204 percent since 1991. Individuals 65 and over tend to be on a fixed income. When major expenses come up, it is very easy for them to quickly go into debt.

Spending one's retirement years worried about debt is no way to live. Thankfully, bankruptcy law could help many struggling seniors in Michigan and elsewhere tackle their debts and get back to enjoying retirement. Those individuals who would like to learn more about the various debt relief options that may be open to them can turn to a bankruptcy attorney for guidance. Bankruptcy may not be necessary in every case, but it may be the answer for some, and if it is, that is okay. There is certainly no harm or shame in seeking relief through legal means.

No Comments

Leave a comment
Comment Information

Tell Us About Your Legal Issue

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

5885 N. Wayne RD | The | Smith | Law Offices, P.C. | 734.729.4465
5885 N. Wayne RD | The | Smith | Law Offices, P.C. | 734.729.4465

South Lyon Office
214 S. Lafayette
South Lyon, MI 48178

Map & Directions

Westland Office
5885 N. Wayne
Westland, MI 48185

Phone: 734-729-4465
Fax: 734-729-4498
Map & Directions