A mortgage is a major financial burden for many people in Michigan, and with the economy still in the process of recovering, many individuals are wondering about ways to get out of mortgages that they had taken on in better times. There are several different ways to...
Month: October 2021
Creditor lawsuits for unpaid debt
Credit card debt is a big problem for a lot of people in Michigan. When you can’t keep up with your credit card bills, you could start defaulting on payments. This can set off a stressful chain of events that leads to a creditor lawsuit against you. What happens when...
What debts are not dis-chargeable in bankruptcy?
Bankruptcy is a legal means to help consumers in Michigan relieve debt and stop calls from debt collectors. Many consumers choose Chapter 7 or Chapter 13 to discharge debt, but not all debt in bankruptcy can get discharged. Dischargeable debts in Chapter 7 and Chapter...
What are Michigan’s debt statutes of limitations?
Michigan residents could find themselves facing financial troubles. Job losses or illnesses that make someone unable to work may lead to debt accumulating. Financially struggling debtors might wonder about the statute of limitations associated with debt collections....