On behalf of The Smith Law Offices, P.C. | Aug 29, 2019 | Bankruptcy Law, Firm News
According to a recently published article, roughly 43 million people in the United States are carrying medical debt. This debt, like other consumer debts, is not one that is taken on because of want; it is due to a need. Unfortunately, most people struggle to meet...
On behalf of The Smith Law Offices, P.C. | Aug 22, 2019 | Bankruptcy Law, Firm News
Currently, there are numerous Michigan residents who have debt that they cannot repay. Their creditors are constantly hounding them for payment. Those who have found themselves in this position likely want to know how long creditors can keep coming after them. Some...
On behalf of The Smith Law Offices, P.C. | Aug 15, 2019 | Bankruptcy Law, Firm News
Many parents with young children at home often find themselves struggling financially. According to a recently published article, two things are affecting this particular population right now, and those things are student loans and childcare expenses. It is impossible...
On behalf of The Smith Law Offices, P.C. | Aug 8, 2019 | Bankruptcy Law, Firm News
If you have money problems that you are struggling to overcome, it is okay to look at all of the debt relief options that are available to you. There are several ways you can approach the situation; bankruptcy is not called for in every case. However, in certain...
On behalf of The Smith Law Offices, P.C. | Aug 4, 2019 | Bankruptcy Law, Firm News
A lot in life seems to be about money. One cannot live comfortably without it, and some cannot even live comfortably with it. Most Michigan residents work hard to make ends meet. Many of them still end up taking on debt with the assumption that they will pay it off...
On behalf of The Smith Law Offices, P.C. | Jul 24, 2019 | Bankruptcy Law, Firm News
Michigan residents who are struggling financially are often told by their friends and family to avoid bankruptcy at all costs. Some believe that it is the worst thing one can do. While bankruptcy law is not perfect, it does help hundreds of thousands of people every...
On behalf of The Smith Law Offices, P.C. | Jul 18, 2019 | Bankruptcy Law, Firm News
There is a lot of stress that comes with being in debt. One certainly does not need a debt collector making them feel any worse about their situation. Unfortunately, numerous Michigan residents find themselves dealing with aggressive collection agencies every single...
On behalf of The Smith Law Offices, P.C. | Jul 10, 2019 | Bankruptcy Law, Firm News
An article was recently released regarding the state of consumer debt in the United States. In May 2019, consumer debt rose nearly 5%. Michigan residents who have found themselves among those whose debt has risen to uncontrollable numbers may need help getting their...
On behalf of The Smith Law Offices, P.C. | Jul 2, 2019 | Bankruptcy Law, Firm News
Homeownership can give a person a sense of security, that is until the mortgage debt becomes too much to handle. When purchasing a home, it may seem affordable at the time, but life changes can quickly turn that affordable payment into a significant liability....
On behalf of The Smith Law Offices, P.C. | Jun 28, 2019 | Bankruptcy Law, Firm News
Financial struggles abound for many Michiganders. There are several reasons for this. However, according to a recent report, the most significant cause of financial difficulties for most people is medical debt. Numerous individuals who seek bankruptcy law protection...
