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...

Many Michigan consumers may consider the protection of personal bankruptcy but are unsure which option to choose. Chapter 7 bankruptcy only applies to consumers whose disposable income level falls below a prescribed level. Chapter 7 bankruptcy usually provides debt...