Residents of Livonia and other parts of Michigan may want to learn more about a solid approach to dealing with credit card debt. Taking an honest look at your debt may be the first step to trying one or more of these time-tested strategies for paying off debt. Define...
Month: August 2021
When can you file for bankruptcy a second time?
Bankruptcy can be an important option for Michigan consumers who need debt relief from unrepayable bills, including medical debt, credit card bills and personal loans. However, once a person has filed for bankruptcy once, there are limitations about whether and how...
What documents are required when filing for Chapter 7?
For Michigan consumers who are facing a financial crisis or are unable to repay their debts, Chapter 7 bankruptcy may provide debt relief and a fresh start. Not all applicants are eligible for a Chapter 7 bankruptcy, which eliminates most of the person's outstanding...
Overpayment of unemployment benefits and bankruptcy discharge
Being heavily in debt can be overwhelming. You may ultimately decide that filing for bankruptcy is the best course of action to alleviate your debts. However, if you received an overpayment of unemployment benefits in Michigan, you may wonder how they are handled in...
Bankruptcy myths that many people fall for
Many consumers in Michigan and around the country don’t file for bankruptcy because they don’t have enough accurate information about it. There are a lot of misconceptions about bankruptcy that simply aren’t true. Here are some of the bankruptcy myths that many people...
Cancellation of student loan debt by Biden remains in limbo
Residents of Livonia and Detroit and other areas of Michigan may want to learn more about what is happening with the cancellation of student loans by President Biden. Under consideration is the canceling of $50,000 in student debt for many Americans. It has now been...