Johnson & McLoyd PLC - Ann Arbor, MI

Reliable and Compassionate Bankruptcy Relief in Ann Arbor

Financial crises can happen to anyone, often due to circumstances completely beyond their control. An unexpected job loss, a medical emergency, or a sudden divorce can leave even the most diligent individuals facing overwhelming debt and aggressive collection calls. At Johnson and McLoyd, PLC, we understand that struggling with finances can be incredibly stressful and isolating. Located in Ann Arbor, Michigan, our professional bankruptcy practice is designed to provide honest, compassionate, and personalized legal guidance to help you reclaim your financial freedom.

When your financial future is at stake, the decision to hire a bankruptcy lawyer is a crucial step toward finding a realistic solution. Our founding partner, Attorney Lander McLoyd, brings over 30 years of legal experience and a strong background in consumer advocacy to your case. We believe in providing straightforward, candid advice to ensure you choose the debt relief option that is truly best for your unique situation. If you are being hounded by creditors or facing foreclosure, you can find an experienced bankruptcy attorney at our firm who will evaluate your options completely free of charge.

Erase Your Debts with Chapter 7 Bankruptcy

Chapter 7 bankruptcy, often called liquidation bankruptcy, is designed to quickly wipe out most forms of unsecured debt, such as credit card balances, medical bills, and personal loans. Under federal bankruptcy law, a court-appointed trustee reviews your assets to determine if any non-exempt property can be sold to repay creditors. However, thanks to robust state and federal exemptions, the vast majority of Chapter 7 filers are able to keep all of their essential possessions, including their home, vehicle, and retirement accounts.

Our legal team meticulously guides you through the complex Chapter 7 filing process, from preparing the initial petition and analyzing your income through the means test to representing you at the mandatory meeting of creditors. We work diligently to protect the things you value most while securing a full discharge of your dischargeable debts. If you are facing wage garnishments or need a bankruptcy attorney urgently to halt a lawsuit, Chapter 7 can offer the immediate financial reset you need.

Prevent Foreclosure and Repossession with Chapter 13

For individuals who do not qualify for Chapter 7 or who are facing impending home foreclosure or vehicle repossession, Chapter 13 bankruptcy offers a powerful alternative. Often referred to as a reorganization bankruptcy, Chapter 13 allows you to consolidate your debts into a manageable, court-approved repayment plan that spans three to five years. This process enables you to catch up on missed mortgage payments or car loans over time, keeping your home and property safe from creditors.

Lander McLoyd understands the intricate rules of Chapter 13 repayment structures. We construct customized payment plans based on your actual household budget, ensuring that your living expenses are fully covered before any discretionary payments are made to creditors. Chapter 13 also stops ongoing interest and penalties, making it a highly effective tool for tackling complex tax debts or non-dischargeable obligations. We stand by you throughout the entire duration of your plan, providing the continuous personal attention necessary to ensure your long-term success.

Trusted Local Advocates for a Financial Fresh Start

Johnson and McLoyd, PLC has built a sterling reputation in the southeastern Michigan community. Lander McLoyd is a proud and active member of the National Association of Consumer Bankruptcy Attorneys (NACBA), the State Bar of Michigan, and the Washtenaw County Bar Association. We accept credit cards, checks, and cash, and offer flexible payment arrangements to ensure you can afford the high-quality representation you deserve. If you require professional legal assistance in Ann Arbor, Ypsilanti, Jackson, or surrounding areas, contact our office today to schedule your free bankruptcy consultation.