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Michigan Law Blog

Planning for the school year following divorce

Any new school year in Michigan comes with an understandable range of emotions for children, from apprehension about new teachers and classes to excitement about playing favorite sports. For children adjusting to a post-divorce life that includes splitting time...

Credit card delinquency rate rises worryingly

Many consumers in Michigan and around the country are having difficulty meeting their financial obligations despite low unemployment, rising wages and sustained economic growth according to figures from the Federal Reserve Bank of St. Louis. The bank says that the...

Bankruptcies increase among elderly Americans

An increasing number of elderly people in Michigan and across the United States are filing for bankruptcy, especially as wealth inequality continues to deepen. Several studies have indicated that older Americans are suffering from escalating financial problems....

The four types of child support cases

Child support programs in Michigan and around the country were established to ensure that children receive the care they need and do not become burdens on the state. Title IV of the 1975 Social Security Act allows the federal government to send states incentive...

Student loan debt stresses marital relationships

For many young people in Ann Arbor, student loan debt represents a major burden on their financial, personal and social lives. Many millennials have postponed important life milestones like marriage and children because they first want to address mounting educational...

Obtaining a car loan during bankruptcy

Michigan residents who have filed for bankruptcy may be able to get a car loan after doing so. Those who have filed for Chapter 13 bankruptcy could be allowed to take on an auto loan during the course of their repayment period. Most who are seeking a car loan during...

Financial surprises for women during divorce

Women in Michigan should be prepared to face some unsettling financial revelations if they file for divorce. A survey of 1,785 participants showed that 46 percent of the divorced women encountered financial surprises during their divorce. Divorced and divorcing women...

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