Bankruptcy

In some cases, those who file for bankruptcy have been considering this opportunity for a long time. They’ve been slowly watching their debt become insurmountable. They may have been looking into...

Businesses may end up struggling financially for many different reasons. Perhaps there has been a sudden surge in material costs when a business had already locked in client prices, forcing the...

Homeowners in the Royal Oak area often pay a premium to live in a prestigious neighborhood with better schools when compared with those in nearby counties. It is common for families to dedicate a...

Bankruptcy is a legal process that enables consumers to get rid of their debt and start fresh through the court system. Depending on the type of bankruptcy filed, some consumers will have to make...

One reason that some people don’t file for bankruptcy is because they don’t want to lose their assets. They think of bankruptcy as a process of liquidating assets, paying off their creditors with...

Bankruptcy is designed to offer relief to debtors who have gotten in over their heads. For many debtors, the most immediate relief comes in the form of the automatic stay. The automatic stay is an...

If you file for bankruptcy, one thing that you want to look into is the list of different exemptions that you can utilize. Essentially, if you’re filing a Chapter 7 bankruptcy, you may be...

Financial issues are one of the leading causes of divorce for married couples in Michigan. If you have accrued a significant amount of debt during your marriage, you and your spouse may fight about...

People will tell you that it is impossible to discharge student loans in bankruptcy. Those individuals, while likely meaning well, have misstated the law and may have drastically oversimplified the...

For many, student loans are their biggest financial obligation. This might be the case whether you recently graduated from college or graduated years ago. For many years, student loans have been all...

Michigan residents face financial hardships for a large variety of reasons. One of the most common reasons Michiganders struggle to keep up with their financial obligations is overwhelming student...

Families across Michigan may find themselves facing financial hardship for numerous reasons. Maybe the primary wage earner for the family recently lost their job. Perhaps the parent who always stays...

Facing significant debt as a business owner can quickly become overwhelming. While your business may still be making money, you might struggle to pay your creditors or worry about the future of your...

Falling behind on mortgage payments and facing foreclosure is one of the most stressful events families in America face. The potential of losing your family home might be something you never...

Getting out of debt can seem impossible, but it can be done. Bankruptcy is one possible option for debt relief. So are things like debt consolidation and debt settlement. Whatever route you choose...