If you have been unable to make mortgage payments for a while, you may be facing a home foreclosure. The prospect of losing your home can cause a lot of anxiety and stress, as well as a great deal of confusion about how to proceed legally. With so much weighing on...
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Changes to student loan treatment in bankruptcy proposed
For many people in Michigan struggling with debt, student loans can contribute substantially to the burden that they face. However, this type of debt is set aside from other unrepayable expenses like credit card bills; unlike those debts, student loans are not...
Child support outcomes can vary greatly
The child support situation can vary greatly for people in Michigan and across the United States depending on the financial circumstances of both parents and the specific needs of a child. When people are considering divorce, child support can be a major financial...
Good money practices rebuild credit scores after bankruptcy
Filing for bankruptcy typically represents a low point in the financial lives of people in Michigan, but the chance to clear out debts offers opportunity for the future. A bankruptcy will linger on a credit report for at least seven years and impact an individual's...
Changing gender roles can impact divorce decisions
For couples in Michigan, shifting views of gender roles can lead to stresses on a marriage. Many couples are forming marriages built on a basis of gender equality and mutual achievement in the workplace, but many others marry with presumptions about traditional gender...
Are you ready to attend your bankruptcy 341 meeting?
If you are filing for bankruptcy, you will have to attend what is commonly known as a “341 meeting” of creditors. This will not be a court appearance, but rather a meeting held in a less formal environment. The outcome, however, will be important to...
How joint legal custody may work for some families
When Michigan parents get a divorce, they must decide who will get custody of the children. Legal custody refers to who has the right to make major decisions about such issues in the child's life as religion, education and medical care. Parents might share legal...
