New Payment Options

Now accepting credit cards on non-bankruptcy matters.

Wednesday, June 28, 2017

Reduce Your Student Loan Debt

There is $1.4 trillion in student loan debt in the United States. Once reserved for credit card debt, student loans are now the biggest non-secured debt in our country.

What is more is that getting a student loan still remains relatively easy, while paying it back becomes ever more difficult.

There are some ways to pay off or pay down those student loan debt. Call or email me for your options.

I formulated a detailed plan do reduce your student loan debt and get you out from under that burden, but you have to call or email me to get that plan in place. 

313-343-9930 or

Monday, June 26, 2017

Start of Summer Chapter 7 Special

Looking to erase those summer debts, now is a great time to file bankruptcy, and a new low fee of $1,000 (includes filing fee) is only here for a brief time. A 33% discount off my regular fees for the month of July.


The consultation is always free! -313-343-9930 or

Thursday, May 4, 2017

May Bankruptcy Special

For the month of May I am running a special on chapter 7 bankruptcy fees.

$600 total and complete bankruptcy ($335 filing fee and $265 attorney fees) You cannot beat that price anywhere. Call or email today for your free confidential informational packet.

visit my new VLO website at

Tuesday, February 7, 2017


Paying interest in your student loans may amount to a tax deduction, it is $2,500 max or whatever is less that you paid in 2016

How to qualify?

Well, it has to be legally your debt, and your interest on that debt. You DON'T file separate tax returns while married, and as a household your income is less than $130,000, $65,000 if single.

You can take this deduction whether you itemize your deductions or not, which is a huge deal, because they are really not tax breaks, but rather adjustments in income.

Any break that you can get on your taxes is a plus, and this one does not take long to figure out, since the student loan company must send you documentation indicating how much interest you paid on student loans for 2016, you could gain up to $1,000 added to your refund, not bad!

Keep pushing your congressman to amend the bankruptcy code to allow certain reductions in student loan debt and forgiveness in a Chapter 13 Plan, this would greatly reduce the nearly 1.5 TRILLION in federal student loan debt!!

Charles L Basch II, attorney and counselor at law