If you’re deep in debt, you may be considering filing for bankruptcy. And your financial situation may have you convinced that you should file for Chapter 7 bankruptcy in Michigan on your own. This can be a huge mistake. Filing for bankruptcy isn’t like doing a DIY project with instructions and steps you find on […]

If you’re trapped under a mountain of debt and see no clear way out of it, a Chapter 7 bankruptcy could wipe out that debt and give you a fresh start with your finances. Filing for Chapter 7 bankruptcy, however, can be  complicated if you’re attempting to handle it on your own. That’s why it’s […]

Right now, many American consumers are struggling with surging debt. As such, more and more people are filing for bankruptcy and subsequently lessening the previous stigma around it. And with good reason. There are so many reasons one might find themselves in debt that have nothing to do with one’s character. Whatever the case, Americans […]

Are you struggling to make ends meet? Unable to keep up with your debts and getting deeper into a financial hole? Filing for bankruptcy could provide significant help and much needed relief. Filing for bankruptcy can give you a chance to start fresh by eliminating debts that you simply can’t pay. It may also enable creditors […]

At the unfathomable figure of $1.142 trillion, credit card debt is surging in the United States. If you’re among the many Americans struggling to pay your credit card debt, then you know it’s a significant source of stress that can also take a toll on your mental health. What you may not know is that […]

Are you behind on car payments and are now being threatened with car repossession? Trust us when we say that you are FAR from alone. Times are tough and keeping up with all the bills is challenging for many folks. There are available avenues that will allow you to keep your car though. The first […]

A common people attempt to get out of debt is by borrowing against your house by refinancing your mortgage or taking out a home equity loan or home equity line of credit (HELOC). This allows people to take out a new loan to pay off existing (higher interest) loans. One primary benefit it this allows the […]

Bankruptcy can be a valuable tool for individuals and businesses looking to get out from under insurmountable debt to get a fresh start. The Bankruptcy Code consists of five distinct types of bankruptcy for individuals and businesses for debts owed in the United States (the sixth, Chapter 9, is only available to municipalities to reorganize […]

Factors for Deciding Which Option is Right for You Debt to Income Ratio: How much debt are you carrying compared to your available income? This is a critical factor.  A person earning $45,000 per year with debts of $20,000 has a big problem because debt settlement will not be feasible leaving bankruptcy as the only […]

Many people in need of legal advice concerning financial problems and the possibility of filing bankruptcy understandably want to get it done as cheaply and efficiently as possible.  In today’s world of easy internet access, many of us take it upon ourselves to research answers online to become educated on the benefits and pitfalls of […]