Prenuptial agreements have become far more common in Michigan and around the country in recent years according to a 2016 survey from the American Academy of Matrimonial Lawyers. The association's members say that requests for prenuptial agreements have increased by 61...
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Month: August 2017
Bankruptcy attorneys object to trustee password request
When Michigan consumers file for Chapter 7 bankruptcy, they are asked to provide information to trustees about finances and various accounts. However, at least two trustees in Maryland have deviated from the usual procedure by making a request for information that...
Understanding the changes in Michigan’s medical marijuana law
With ever-changing marijuana laws across the country and in Michigan alone, it can be confusing to understand what is legal or illegal. Medical marijuana is legal in Michigan and the law just underwent several changes. A lot of people are wondering how many plants a...
Credit cards and the death of a holder
Michigan residents dealing with the aftermath of a loved one's death might have to deal with unpaid debts on credit cards. When someone who was the sole account holder dies, then the creditor could make a claim for the debt upon the estate. Surviving family members...
The consequences of missing different monthly payments
All your bills are flowing in and you are wondering if you are going to be able to afford them. You might be thinking of skipping a payment or two, but which ones? Skipping a monthly payment has consequences, but each one is unique. Missing a cell phone bill is much...
When debt consolidation is not a solution
Michigan consumers who are struggling with certain financial obligations might consider a debt consolidation loan. While this might appear to be a way to get control of debt and lower monthly payments, it might not be a long-term solution because if a person has a...
