Year: 2014

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Michigan consumers who are facing overwhelming credit card debt may be considering filing for personal bankruptcy. However, many people hesitate because they are unsure about the security of their homes and property. Before proceeding with a bankruptcy filing, it...

There are negative connotations to bankruptcy that are not necessarily deserved. Many people may not even consider filing for bankruptcy, despite the severity of their financial situation. Michigan readers may be interested in how a man who is running for...

Michigan residents may be aware of reports stating that the majority of bankruptcy filings stem from medical debts. In many cases, medical debt is brought about by emergencies such as car accidents and/or unanticipated and unavoidable surgical procedures....

Although medical debt is often unanticipated and out of the control of the patient, bills still arrive and have to be paid. Medical debt remains a significant concern for many residents of Michigan who have to face the consequences of their medical treatment while...

Michigan consumers who are having trouble keeping their mortgage payments current may experience anxiety over losing their home and how this will affect their families. The best way to tackle such a dilemma is to be proactive. As soon as you fall behind with mortgage...

Michigan consumers may be aware of the imminent changes to the grading requirements of FICO that allocates credit scores to consumers. There are three significant changes that may be to the advantage of many consumers. However, it will not solve credit card debt...

Every now and then, the financial stability of consumers is threatened by scammers who aim to separate consumers from their hard earned money. The Better Business Bureau issued a recent warning to Michigan consumers in Michiana after a consumer reported a...

Michigan consumers who are considering filing for bankruptcy may find the process confusing. A consumer recently wondered whether she may spend expected inheritance money during the period before filing for Chapter 13 bankruptcy. She explained her intention to buy a...

Credit card debt remains one of the biggest causes of financial distress. The National Foundation for Credit Counseling (NFCC) recently conducted an online poll to determine just how dependent consumers are on their credit cards. Michigan consumers may be interested...

Michigan consumers may agree that there are few situations that can cause as much stress as facing mounting debt and not knowing how to resolve the problems. While credit card debt is known to be the cause of many such situations, it is the consequent snowball effect...