People who are facing bankruptcy often cite high credit card bills. They assume that they’ve made a mistake with these cards. What really may have happened, however, is just that the credit cards themselves were designed to promote consumer overspending. It's a common...
There are many causes of bankruptcy: Don’t be afraid to ask for help
2020 has been a tough year for a lot of people. The economy took a dive, and many found themselves out of work or working fewer hours. Financial problems can be embarrassing, exhausting and overwhelming. You should know, however, that there is help available to you...
How are children’s items handled in bankruptcy?
As a parent, one of the things that may worry you is that your own financial struggles will impact your children. You always put your children first, but you’re concerned that a judge may not do the same during your bankruptcy. The good news is that children’s items...
Why Bankruptcy Makes a Good Option
Bankruptcy in Westland, Michigan provides an option for debtors to relieve themselves from debt. Many debtors think of bankruptcy as a negative thing, but it may give them a fresh start. When most people file for bankruptcy, their credit score likely has already...
What are your obligations for Chapter 13 bankruptcy?
Michigan residents go through a long process when deciding to file for bankruptcy. It is important to understand if this option is right for you. Once you decide that, you must choose which type of bankruptcy suits your situation. If you choose Chapter 13, you must...
Learn the facts about bankruptcy
There is a stigma attached to filing for bankruptcy, and where there is a stigma, there is misinformation and confusion. You may have an interest in filing for bankruptcy as a means of debt relief but are unsure how it will affect you now and in the future. We believe...
Are you being harassed by debt collectors?
Unfortunately, it can be inevitable for many people to fall on hard times. When Michigan residents struggle with debt, they have several different relief options. However, some of these options can provide more than just debt relief. Some options offer freedom from...
Can I file for bankruptcy and divorce at the same time?
Some couples in Michigan need the financial freedom provided by bankruptcy. You may also no longer want to stay married. While you can file for both at the same time, it may not be in your best interest to do so. Choosing divorce first Experian recommends couples...
Bankruptcy law: Drowning in medical debt? You are not alone
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...
How long can creditors come after me for payment?
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...
