There are many reasons that Michigan residents are in dire financial straits. In some cases, it might be due to unexpected or steep medical bills. There is also the issue of lifestyle creep that you might experience as a result of not changing their standard of living...
You are likely reluctant to file for bankruptcy because you have heard that it will destroy your already dismal credit score. It is like comparing credit card debt to drowning, and Chapter 7 to pushing your head further underwater for seven years. However, we have...
Are debt collection agencies hounding you with calls? If so, you are not alone. About 35% of American adults with a credit file have debt in the collection phase, according to the Urban Institute. As many people will tell you, debt collectors can be very aggressive at...
Considering bankruptcy is a big, and ultimately positive, step on the way to financial recovery. If you are just beginning the process of bankruptcy, it is natural to have many questions about the subject. By far the most “popular” options for personal bankruptcy are...
Maintaining financial health after bankruptcy is an important goal for many people. In fact, that is what the process is all about. Contrary to popular belief, bankruptcy is not a sign that someone has gone broke or has failed in any way. It is a commitment to and an...
