Firm News

Firm News

An overview of bankruptcy chapters

Bankruptcy is a legal process in Michigan that helps consumers deal with debt. Consumers file bankruptcy for several reasons, but medical debt is the primary reason in the United States. There are several types of bankruptcy that consumers may choose, which have...

Differences between secured and unsecured debts

If you are struggling to pay your debts, it may be a good idea to seek protection from creditors in a Michigan court. In many cases, filing for bankruptcy can help you eliminate both secured and unsecured debts. Take a closer look at the differences between these two...

What is debt collector misrepresentation?

When you struggle with debt, you will likely deal with a debt collector at some point. This unfortunately means you may have to contend with some unpleasant interactions. However, the Fair Debt Collection Practices Act (FDCPA) can protect you from the worst of it. In...

Can I file for bankruptcy while in mortgage forbearance?

You may be a homeowner struggling with mortgage payments and foreclosure is looming as a possibility. Arranging forbearance with your bank may allow you to pause your mortgage payments or reduce your payments for a time period. But if your debt burden is too high, you...

What are some bad credit card debt practices?

For every piece of good advice regarding getting out of credit card debt on the internet, there is a lot of dross. It is vital for you to understand what is a solid debt payment strategy and what will simply set you back further. Debt often comes bundled along with...

How do you identify debt collector harassment?

As someone suffering under the weight of debt, you already have more than enough concerns on your plate. Unfortunately, a debt collector might add more to it, intentionally or unintentionally. Any form of debt collection might feel like a big stressor. At the same...

Debt management, debt settlement or bankruptcy?

If you live with overwhelming debt, you have a few debt relief options. “Overwhelming debt” is debt on which you routinely fail to make progress despite your best efforts. Debt relief programs were designed to help debtors break free of the costly and often...

What is the avalanche debt repayment method?

If you are in credit card debt, the good news is that there are plenty of options when it comes to strategizing how to tackle it. One very common method to deal with credit card debt is the snowball method. Another very popular option is the avalanche method. If you...