On behalf of Phoenix Law | Jan 11, 2021 | Firm News
While credit cards offer an easy way to pay for large purchases, too much credit card debt may keep you awake at night. If you regularly reach for your credit cards, you are far from alone. In fact, nearly 120 million adults in the U.S. have revolving balances on...
On behalf of Phoenix Law | Jan 9, 2021 | Firm News
Credit card debt is something that millions of Americans struggle to deal with every year. Fortunately, there are strategies that can help prevent credit card debt from becoming overwhelming. How does the snowball method work? The snowball method is a strategy that...
On behalf of Phoenix Law | Jan 7, 2021 | Firm News
Dealing with debt is a difficult task. The last thing you need on top of it is creditor harassment. Unfortunately, millions of Americans experience a form of debt collector harassment. At times, you may struggle to tell if you face an act of harassment or not. You...
On behalf of Phoenix Law | Dec 23, 2020 | Firm News
Filing for Chapter 7 bankruptcy in Michigan can be a great way to absolve yourself of overwhelming debt and expenses. Once the bankruptcy is discharged, you can begin a fresh financial start. Otherwise known as liquidation bankruptcy, Chapter 7 allows you to emerge...
On behalf of Phoenix Law | Dec 21, 2020 | Firm News
What type of personal bankruptcy case to pursue can be almost as important a decision as the decision to actually file for bankruptcy in Michigan. The two most common options you have to choose from are Chapter 7 and Chapter 13. Many of those looking to file for...
On behalf of Phoenix Law | Dec 5, 2020 | Firm News
There are multiple ways to manage credit card debt: consolidation and specific payment methods like the snowball or avalanche method are popular ways to do so. Another method of managing credit card debt is to use a balance transfer card. A balance transfer card is a...
On behalf of Phoenix Law | Dec 3, 2020 | Firm News
Credit cards are often the culprit for large amounts of debt, but they can also serve a positive purpose when it comes to your credit. If you know how to do it right, you can use a credit card to build a nice credit score. According to Experian, you can open your own...
On behalf of Phoenix Law | Nov 23, 2020 | Firm News
When dealing with overwhelming debt, people may consider various options to regain control of their finances. One such step, filing for Chapter 7 bankruptcy, may help them wipe their slates and start fresh. However, bankruptcy filers have numerous obligations and...
On behalf of Phoenix Law | Nov 11, 2020 | Firm News
Filing for bankruptcy in Michigan can provide you with a solution to reduce and effectively manage debt. With negotiations underway, you can look begin thinking about your future. One action you can benefit from is assessing your financial habits and determining which...
On behalf of Phoenix Law | Nov 5, 2020 | Firm News
If someone is having difficulty paying off debt and is receiving harassing calls from creditors, bankruptcy may be an option to start fresh. People may qualify to file for either Chapter 7 or Chapter 13 bankruptcy, depending on their circumstances. Chapter 7 According...
