A recent article on the National Consumer Bankruptcy Website http://nacba2.memberpath.com/News/tabid/89/ID/607/Costly-Debt-Settlement-Schemes-Prey-on-the-Most-Debt-Burdened-Consumers-Struggling-to-Recover-from-Economic-Downturn.aspx noted that only one out of ten debt settlements worked to get consumers out of...
HOME EQUITY LOAN DEFAULTS ARE A GROWING THREAT
With home prices soaring, many people followed the advice of lenders to consolidate their debt with a “deductible” second mortgage. Fortunately, low interest rates...
Collection Lawsuits – What to do?
If you are looking for information on Bankruptcy, chances are you have been the target of a collection lawsuit. Last week a couple came...
DON’T BE EMBARRASSED TO GET A SECOND OPINION
Don’t be afraid to shop around for an attorney you feel comfortable with.
DON’T BORROW MONEY FROM FAMILY
BORROWING MONEY FROM FAMILY CAN HAVE SERIOUS CONSEQUENCES IN BANKRUPTCY
MY CHAPTER 13 ATTORNEY KEEPS SENDING ME BILLS WHAT CAN I DO?
In the Western District of Michigan Chapter 13 Attorneys can charge by the hour and ask the Court to approve their fees or they...
Do I have to pay the entire loan amount to keep my Car in a Chapter 7 Bankruptcy?
PAY ONLY THE TRUE VALUE OF YOUR CAR IN A CHAPTER 7 BANKRUPTCY
Beware of Orion Portfollio Services – OPS 9 LLC
A new debt buyer has found their way to West Michigan. Suits brought by OPS 9 LLC are starting to appear in various local...
DON’T IGNORE OLD DEBT
THE STATUTE OF LIMITATIONS CAN PROTECT YOU FROM STALD DEBT ONLY IF YOU RAISE IT AS A DEFENSE.
CHASE DOESN’T DEAL WITH DEBT SETTLMENT COMPANIES
DEBT SETTLEMENT COMPANIES CAN’T HELP WITH SOME CREDITORS