On behalf of Phoenix Law | Feb 19, 2020 | Firm News
Your current financial predicament has led you to tread unexplored waters in search of a viable solution. Should you consider taking out a personal loan to dig your way out of credit card debt? CNN Money examined this question for your consideration. See how to make...
On behalf of Phoenix Law | Feb 13, 2020 | Firm News
There are as many ways to guide getting out of credit card debt as there are ways of getting into it, it seems, and this amount of choice can seem overwhelming. One of the more popular ways to get out of debt is the “snowball method,” which was popularized...
On behalf of Phoenix Law | Feb 10, 2020 | Firm News
If you are struggling with credit card debt, you are not alone. The good news is that there are a number of different strategies that you can employ to help get yourself out of credit card debt. According to Nerd Wallet, some great tips are to pay more than the...
On behalf of Phoenix Law | Feb 7, 2020 | Firm News
If you are thinking of filing for bankruptcy as an individual consumer, you usually have two choices available to you: Chapter 7 or Chapter 13. Chapter 13 involves proposing a repayment plan in which you will pay back at least some of your debt. Eligibility...
On behalf of Phoenix Law | Jan 28, 2020 | Firm News
Chapter 7 bankruptcy is typically the most popular option when it comes to filing for personal bankruptcy in Livonia. This is due to the fact that under Chapter 7, a debtor may be able to have certain debts discharged (provided that they qualify to file). Debts...
On behalf of Phoenix Law | Jan 23, 2020 | Firm News
You are deep in credit card debt; you cannot deny that. What may remain unclear to you is the core reason for your debt. Could it be that you are a compulsive buyer? To better understand what it means to be a compulsive buyer, see what Psychology Today has to say...
On behalf of Phoenix Law | Jan 23, 2020 | Firm News
Your mortgage debt may bring you ever closer to losing your home to foreclosure. However, it may not be too late for you to avoid losing your home. This Old House lays out several suggestions for preventing foreclosure. Putting them to good use can help worried...
On behalf of Phoenix Law | Jan 7, 2020 | Firm News
If you are like many Michigan residents who are struggling with overwhelming debt, it may be difficult to figure out how to pay off your creditors and recover your financial stability. Fortunately, there are several options you may pursue. If you have a source of...
On behalf of Phoenix Law | Jan 3, 2020 | Firm News
Many people in Michigan who may be considering bankruptcy as a solution to their financial challenges can at first resist this step in part based on things they have heard from others. Many rumors surrounding bankruptcy and its impact on consumers can prevent people...
On behalf of Phoenix Law | Jan 3, 2020 | Firm News
Are you a resident of Michigan suffering through creditor harassment? Sometimes, it can be difficult to pick up on the signs. Today we will take a look at some of the potential warning signs that you are facing creditor harassment. The most obvious signs usually...
