Chapter 7 bankruptcy is typically the most popular option when it comes to filing for personal bankruptcy in Livonia. This is due to the fact that under Chapter 7, a debtor may be able to have certain debts discharged (provided that they qualify to file). Debts...
Month: January 2020
Is compulsive buying to blame for your credit card debt?
You are deep in credit card debt; you cannot deny that. What may remain unclear to you is the core reason for your debt. Could it be that you are a compulsive buyer? To better understand what it means to be a compulsive buyer, see what Psychology Today has to say...
Tips for sidestepping foreclosure
Your mortgage debt may bring you ever closer to losing your home to foreclosure. However, it may not be too late for you to avoid losing your home. This Old House lays out several suggestions for preventing foreclosure. Putting them to good use can help worried...
What are the basics of chapter 13 bankruptcy?
If you are like many Michigan residents who are struggling with overwhelming debt, it may be difficult to figure out how to pay off your creditors and recover your financial stability. Fortunately, there are several options you may pursue. If you have a source of...
Buying a home after a bankruptcy
Many people in Michigan who may be considering bankruptcy as a solution to their financial challenges can at first resist this step in part based on things they have heard from others. Many rumors surrounding bankruptcy and its impact on consumers can prevent people...
What are signs of creditor harassment?
Are you a resident of Michigan suffering through creditor harassment? Sometimes, it can be difficult to pick up on the signs. Today we will take a look at some of the potential warning signs that you are facing creditor harassment. The most obvious signs usually...