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September 2013 Archives

New foreclosure cases decline in Michigan

The recent recession destroyed the nation's economy in just about every sector. One of the most hard hit sectors was the real estate market which saw home prices plummet as a result of a variety of factors, including inflation and lack of jobs resulting in a decrease in home buyers. Economic problems in the real estate market were also apparent in the large number of homes in foreclosure. However, Michigan has recently been showing signs of a recovery in its real estate market.

Michigan college students weigh in on avoiding credit card debt

It can be difficult for anyone with more bills than income to avoid incurring credit card debt. For college students, the temptation to simply charge expenses can start a trend whereby they see credit card debt as a reasonable (and even expected) aspect of modern living. Yet a few pragmatic Michigan college students are voicing opinions that show the real-world woes of spending more than you earn are affecting the way young people are handling their dollars.

High-profile Chapter 7 case shows anyone can have financial woes

While not every person who encounters financial worries will have to file for Chapter 7 bankruptcy, it does happen to some individuals. This includes high-profile athletics personnel, including one former Michigan State football leader and coach. His Chapter 7 began last year, and has finally been settled according to recent reports.

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