If you are currently grappling with a drug addiction, it may be wreaking havoc on your life. Addiction can make people act in ways they typically never would, and in some cases, it can lead people to commit crimes, even if they are typically law-abiding citizens.
While divorce is often associated with younger people, statistics show that in Michigan and across the United States, an increasing number of divorces happen later in life. Over the past 25 years, the rate of divorce for Americans over the age of 50 has more than doubled, and that rate is continuing along that upward trend. While divorce at any age is accompanied by a wide range of emotional, practical and financial concerns, this can be especially true when the divorce involves people who have had a lengthy marriage stretching across decades.
Michigan residents who are overwhelmed by their financial obligations to the point that they are unable to repay all of their debts may want to consider bankruptcy as an option. There are two primary types of consumer bankruptcy that may offer debtors some relief.
Sooner or later many Michigan families need to reach for a credit card when an unexpected expense pops up. Credit card debt has become a fact of life for many American households. The Federal Reserve reports that credit card balances nationwide exceeded $1 trillion in 2017. A senior analyst from CreditCards.com has advised consumers to work on paying off their debts in 2018 because interest rates are rising. This will add to the cost of maintaining debt and could prompt more people to fall behind on payments in the near future, he said.
In Chapter 13 bankruptcy cases, debtors have the ability to modify their mortgages in certain situations. A string of recent decisions may signal a trend that could affect the way bankruptcy courts in Michigan address these modifications. In these cases, a number of Ohio judges have issued rulings that greatly expand a debtor's access to so-called "cram down" modifications to a residential mortgage. This is a major change from the status quo.
The school years can be difficult for children, no matter where they are on the social ladder. Kids may be bullied or be bullies themselves, or their friends may pressure them into teasing and bullying others. It is hard when kids in Michigan just want to fit in with their peers. Your children might participate in something they do not feel comfortable with to avoid becoming a target. However, it is crucial to teach your children that some behaviors are not harmless and may result in criminal charges.