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How Bankruptcy Can Help Foreclosure in Michigan
December 4th, 2009
When you file a Chapter 13 or Chapter 7 bankruptcy in Michigan, the court automatically issues an Order for Relief that includes an “automatic stay.” The automatic stay requires all your creditors to immediately stop trying to collect for…
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Michigan Bankruptcy and Senior Citizens
December 1st, 2009
The economy, increased healthcare costs, and the threat of foreclosure cause seniors to consider Bankruptcy as part of their retirement plan. Once you are retired and on a fixed income it may not make sense for you to take money from your retirement…
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Michigan Bankruptcy Attorney Explains - Which is worse on your credit report Foreclosure or Bankruptcy?
November 24th, 2009
Ann Arbor, Michigan Bankruptcy attorney Lander McLoyd explains, “Which is worse on your credit report Foreclosure or Bankruptcy?” A foreclosure is very serious to mortgage lenders, more serious than bankruptcy, as long as the bankruptcy d…
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Ann Arbor Bankruptcy Attorney Lander McLoyd is a NACBA Member
November 16th, 2009
Ann Arbor, Michigan bankruptcy attorney, Lander McLoyd, is a member of the National Association of Consumer Bankruptcy Attorneys. NACBA is the only national organization dedicated to serving the needs of consumer bankruptcy attorneys and protecting t…
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Ann Arbor Bankruptcy Attorney - There's No Shame in Filing for Bankruptcy
November 11th, 2009
Most people file for bankruptcy after a life-changing experience, such as a divorce, the loss of a job or a serious illness. They’ve struggled to pay their bills for months and just keep falling further behind. You are not alone. In 2007, the e…
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Bankruptcy Myth: You'll Lose Everything
November 9th, 2009
If you are faced with unbearable debt that you know you will never be able to pay and are considering filing for bankruptcy in Michigan, here are a few things you should know about bankruptcy: You will not lose everything you have. Do not let this co…
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October Consumer Bankruptcy Filings Up 28% Over 2008
November 1st, 2009
There are 135,913 consumer bankruptcy filings in October 2009 represented a 27.9 percent increase over October 2009 monthly total of 106,266, according to the American Bankruptcy Institute (ABI), relying on data from the National Bankruptcy Research…
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Consumer Alert — Mortgage Foreclosure Scams
April 20th, 2009
The following is taken directly from U.S. Trustee Program’s website. You can view their website here. DON’T GET “LOCKED OUT” OF YOUR HOME BY A BANKRUPTCY SCAM OPERATOR Are you having trouble making your home mortgage payments?…
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Bankruptcy: A New World
April 20th, 2009
The following is taken directly from AARP’s website, originally by the National Endowment for Financial Education. You can view AARP’s website here, and the National Endowment for Financial Education’s website here. Your employer do…
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