On behalf of Phoenix Law | Oct 27, 2020 | Firm News
Past posts on this blog detailed some of the differences between the various forms of personal bankruptcy. Many people in Michigan may wonder why anyone seeking bankruptcy protection would try and file under Chapter 13 given that it does not offer the comprehensive...
On behalf of Phoenix Law | Oct 23, 2020 | Firm News
Credit card debt is a huge issue for many people, and it does not just affect those who are bad with finances. It can happen to anyone. Out of control credit card debt is not always the result of not being responsible with your credit. U.S. News and World Report...
On behalf of Phoenix Law | Oct 13, 2020 | Firm News
Some people fear filing for bankruptcy, believing it will cast a stigma that will be hard to recover from. In reality, many people have successfully used bankruptcy to get out from under burdensome debt and return to fiscal solvency. One of the valuable tools...
On behalf of Phoenix Law | Oct 10, 2020 | Firm News
When unexpected financial strife affects your ability to pay debts, you may find yourself quickly overwhelmed and unable to catch up. The loss of a job, an illness or other issues may cause this circumstance, but Chapter 7 bankruptcy could help. Forbes reports that...
On behalf of Phoenix Law | Oct 7, 2020 | Firm News
If you have too much debt relative to your income, you may have trouble securing a mortgage, auto loan or any other type of financing. In fact, the U.S. Consumer Financial Protection Bureau notes that any debt-to-income ratio above 43% is likely to be problematic....
