Uncategorized

Recent Posts

Archives

Chapter 7 and the means test 101
Uncategorized

Many people do not realize how crippling debt can be until they find themselves dodging phone calls from creditors and ignoring electronic and snail mail demand notices. There is even a misconception that individuals who cannot pay their financial obligations are irresponsible and living beyond their means. While that may be true for some, debt […]

Oct 27, 2018
Bankruptcy puts a new light on marriage preparations
Uncategorized

You are no doubt looking forward to your wedding day. The invitations have been sent out, and the preparations are actually going smoothly. There is only one little issue: Your groom-to-be has recently declared bankruptcy. How will this affect your marriage? Credit history questions You may wonder if the bad credit history your future husband […]

Sep 27, 2018
3 tips for avoiding bankruptcy this holiday season
Uncategorized

With summer ending, the holidays are just around the corner. If you are on a tight budget, you may have a lot of concerns about the holiday season already. Buying presents and decorations can put a strain on your finances. This can be especially troubling if you are dealing with other expenses and struggling to […]

Aug 26, 2018
Is bankruptcy a good idea if I own my home outright?
Uncategorized

Many people work hard for years to pay off their homes. When you paid yours off at long last, you must have felt incredibly proud. Whether your mortgage lasted for 15 years, 30 years or another length, it was too long. You must have often felt like no end was in sight. However, you have since […]

Jul 26, 2018
Female Breadwinners Can Creatively Manage Alimony Responsibility
Uncategorized

Female breadwinners in Ann Arbor, Michigan are breaking the glass ceiling, achieving career success and earnings that outpace their male counterparts. As female breadwinners make great strides toward equality, many are coming to grips with the fact that they will be responsible for spousal support at the end of a marriage that may have failed. […]

Jul 8, 2018
3 items you can keep when you file for bankruptcy
Uncategorized

Many people are apprehensive about bankruptcy because of the common misconception that you will have to liquidate all your assets. On the contrary, the objective of bankruptcy is to facilitate repayment of debt, and if this can be done without liquidation, it is entirely possible that you can keep your most valuable assets while still […]

Jul 3, 2018
How disability can impact child support payments
Uncategorized

Disability can change a Michigan family’s life significantly, especially if a newly impaired parent’s income was the basis for child support payments. Because disability can significantly affect a person’s ability to work, it can often be accompanied by a sharp reduction in income. This can impact a parent’s ability to meet their child support obligations. […]

Jun 20, 2018
How to stop foreclosure on your Ann Arbor home
Uncategorized

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 you, it can be […]

May 30, 2018