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What are ways to make up missed mortgage payments?

On behalf of Phoenix Law | Jul 31, 2020 | Firm News

Sometimes events just happen. You or your spouse lose a job or an economic downturn causes a lack of customers and sales at your current job, which reduces your take-home pay. The problem is severe enough that you miss a mortgage payment or two. As a homeowner, you...

Can you get a credit card after bankruptcy?

On behalf of Phoenix Law | Jul 23, 2020 | Firm News

A history of debt accumulation that leads to bankruptcy can make it more difficult for you to obtain credit in the future. However, this does not mean that bankruptcy makes it impossible for you to obtain credit cards after discharging your debts through bankruptcy....

What are ways to restore my credit after Chapter 7?

On behalf of Phoenix Law | Jul 16, 2020 | Firm News

If you are thinking of filing for Chapter 7 bankruptcy, now is a good time to consider how you can rebuild your credit. Some people may tell you that going through bankruptcy will destroy your credibility in the eyes of financial lenders. However, lending and credit...

What are some misconceptions about bankruptcy?

On behalf of Phoenix Law | Jul 10, 2020 | Firm News

Michigan residents like you may need some extra financial help from time to time. In dire cases, there are options available to you. Bankruptcy is one of these options.  But bankruptcy also has a strong stigma surrounding it. Because of this stigma, rumors often...

How can declaring Chapter 7 bankruptcy benefit you?

On behalf of Phoenix Law | Jul 8, 2020 | Firm News

As you weigh your options on how to deal with your finances, Chapter 7 bankruptcy stands out as a viable option to get out of debt.  Learning about the specific benefits to this form of bankruptcy can help you keep your budget balanced for the future.  New beginning  ...

Does bankruptcy require you to sell your dog?

On behalf of Phoenix Law | Jul 7, 2020 | Firm News

As a dog owner, you recognize the many joys your furry friend brings to your life. You may not even think of the dog as an animal. Instead, your pooch seems like a member of the family. If you are waiting to take control of your finances because of a fear of losing...

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