Michigan Bankruptcy, Business & Foreclosure Attorneys
Law Firm OverviewResnick Law, P.C., located in Bloomfield Hills, Michigan, provides legal representation in bankruptcy, business, real estate, estate planning and foreclosure matters.
At Resnick Law, P.C.
Our firm was founded by attorney H. Nathan Resnick more than 15 years ago. A sole practitioner at the time, Mr. Resnick’s early years at this firm were spent focusing on bankruptcy and business law-related matters for clients in metro Detroit’s Tri County Area and southeast Michigan.
We pride ourselves on our commitment to practice law with the utmost competence, the highest standard of ethics and to always provide our services at a reasonable cost. To that end, we encourage our lawyers and paraprofessionals to participate in professional organizations and seminars that keep their skills sharp and their knowledge of legal developments, business trends and other factors which might affect our clients’ interests, up-to-date.
Year this Office was Established: 1993
Areas of Law
Additional Areas of Law: Business Dissolutions; Construction Defect; Lien Litigation; Chapter 7 Bankruptcy; Chapter 11 Bankruptcy; Chapter 13 Bankruptcy; Stopping Creditor Harassment; Stopping Foreclosure; Discharging Debts; Buy-Sell Agreements; Residential and Commercial leases; Partnership Agreements; Shareholder Agreements; Service Contracts; Employment Agreements; Real Estate Contracts; Construction Contracts; Living Wills; Health Care Directives; Revocable and Irrevocable Trusts; Durable Powers of Attorney; Guardianships and Conservatorships; Special Needs Trusts; AB Trusts; Credit Shelter Trusts; Irrevocable Life Insurance Trusts; Charitable Remainder Trusts; Bypass Trusts; Refinancing; Loan Modification; Short Sales; Receivership.
Areas of Law Description
Filing for bankruptcy doesn’t necessarily have anything to do with being irresponsible or having some kind of moral failure. In fact, most bankruptcies are filed because of events beyond a person’s control — the economy, the housing market crash, divorce, major illness and job layoffs being the most common reasons.
- Debt Relief
At Resnick Law, P.C., we help individuals, families and businesses in the Detroit area and southeast Michigan obtain meaningful debt relief through the bankruptcy process and through alternative methods such as debt settlement and creditor workouts
- Chapter 7 Bankruptcy
Also known as “straight bankruptcy” or “debt liquidation” — generally the Chapter 7 bankruptcy process offers the most complete form of debt relief to individuals and businesses struggling under the crushing weight of too much debt.
- Chapter 13 Bankruptcy
If you have been struggling to meet your monthly obligations for some time and have barely managed to tread water or only fall further behind — you are not alone. After all that time and effort though, the prospect of paying off all or at least portion of the debt you owe in a Chapter 13 bankruptcy plan might seem like a hopeless proposition.
- Debt Settlement
Declaring bankruptcy is not the right solution for every situation or for every person. If you are not comfortable with the idea of filing for bankruptcy for personal reasons or if your situation is such that all you really need is a little breathing room, there are other options available to you, including debt settlement.
- Corporate and Commercial Litigation
As much as you might try to avoid the risk and costs of litigation — owning or operating a business means that there will likely come a time when you have to protect your business’s success and future by asserting or defending its interests in court.
- Business Law
Our business law practice is comprehensive and includes all aspects of business formation, common law and UCC transactions, contract negotiation and drafting, dispute resolution, dissolutions, liability of electronics and more.
Well-considered and drafted properly, a good contract can protect your interests, serve as the basis for a longstanding, mutually beneficial business relationship, and prevent the kinds of misunderstandings and disputes that so often end up in Michigan courts.
- Real Estate and Zoning
Whether you are planning to buy, sell, lease, develop or do anything else with a piece of real property — protect your rights, and your investment, by discussing those plans with an experienced attorney early on.
- Construction Law
Construction has as much to do with the law as it does with brick and mortar or steel and glass. For this reason alone, it is important to have legal advice and representation you can count on before moving ahead with any building project.
- Asset Protection
Asset protection is at the heart of estate planning. At our firm, we can help you craft comprehensive wills, trusts and other estate planning documents to protect your assets for future generations and to limit estate taxes.
- Property Tax Appeals
If you lose in litigation, you have the right to appeal. Unfortunately you do not necessarily have the right to have your appeal heard by the court. The appeals court may take a cursory look at your case and decide the matter is not worth their time or effort.
- Estate Planning
Estate planning is not something from which only wealthy people can benefit. Instead, it is an opportunity for you to make decisions now about issues that could dramatically and beneficially affect your own life and the lives of those you love in the future. During our lifetimes, many of us are concerned with accumulating and investing our assets. We should also be concerned with the manner in which our assets will be managed if we become incapacitated, as well as planning for the management and distribution of our assets when we die.
Trust administration is similar to probate administration in that the trustee is responsible for managing the assets held in trust and for distributing assets to beneficiaries. Both processes require meticulous attention to detail and integrity. Our firm has been relied on to provide these services by its own clients, and by clients referred to us from other attorneys.
- Probate and Trust Litigation
No matter how well-crafted an estate plan is, probate litigation is always a possibility. At Resnick Law, our attorneys represent clients on all sides of the issues: spouses, children, named beneficiaries, would-be heirs, out-of-state clients, personal representatives, trustees and others as well. We also handle a full range of disputes, including will contests, contested guardianships and conservatorships, trust litigation and claims involving fiduciary misconduct.
- Guardianships and Conservatorships
Legal guardianship conveys the authority to make medical and personal care decisions for an incapacitated person. For instance, a legal guardian gets to decide where their “ward” (the incapacitated person) will live, which doctors they will see and what kind of care they will receive. By contrast, a conservator is granted the authority to make decisions that involve property or the financial affairs of the ward.
At our firm, we represent homeowners, individuals and businesses facing foreclosure. Our attorneys are adept at negotiating with lenders and banks to help our clients find debt relief and avoid foreclosure.
It may be possible to refinance your mortgage to get a better interest rate or adjust the terms of your loan.
- Loan Modification
Many homeowners qualify for a loan modification in instances where the value of the home has decreased to a point where more is owed to the lender than the property is worth. We frequently assist clients in dealing with servicers and lenders to modify loans at unfavorable interest rates.
- Short Sales
In a short sale, the property is sold for a reduced amount with the approval of the bank. The proceeds from the sale are paid directly to your lender and applied to the outstanding balance owed on your mortgage. We can represent you during the short sale and help you minimize any deficiency judgment resulting from the short sale.
- Deeds in lieu of foreclosure
While you cannot keep the property, a deed in lieu of foreclosure may be a solution to avoid having foreclosure on your credit record. With this method, you give the deed to your lender in lieu of paying off your mortgage.
In a receivership, the court appoints a receiver to oversee a struggling or mismanaged business or property. The receiver can have a wide range of duties and expansive power to make decisions for the business, depending on the level of control and powers granted by the court.
- Business Litigation
Unfortunately, not every dispute can be prevented. If your business is involved in a dispute or litigation, we can provide you with cost-effective solutions and skilled advocacy. We can help you pursue a resolution to your business dispute through negotiation, mediation or arbitration. If your case proceeds to court, our attorneys are seasoned and skilled litigators who will aggressively protect your rights in the courtroom.
- Liability of Electronics
In this age of e-mail and social networking, electronics have become a liability for businesses. Businesses are liable for communications made from and between employees. Problems may arise from this liability. For instance, a rogue employee could e-mail trade secrets to a competitor or post damaging information to Facebook or another website. In addition, questions often arise about the privacy of text messages, instant messages and even social network messages made by employees on a business device, but are personal in nature. Organizations are increasingly being held accountable for communications delivered within their purview, which often means less privacy for employees.
Our attorneys have briefed and argued cases before numerous appellate courts, including the Michigan Court of Appeal, the Michigan Supreme Court, the United States Bankruptcy Court for the Eastern District of Michigan and the United States Circuit Court of Appeals for the 6th Circuit.
- Super Lawyers
Leigh Dones Moss
Bankruptcy, Business and Industry, Business Litigation, Corporate Law, Credit and Mortgage
Mr. Timothy Orlando
Appellate Practice, Business and Industry, Commercial Litigation, Corporate Law, Insurance
Mr. Nathan Resnick
Appellate Practice, Business and Industry, Business Law, Business Litigation, Commercial Law
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Resnick Law, PC Blog