| |
| |
May 1, 2008
Today, in the United States, states have created usury laws in order to set a maximum legal interest rate limit. Because Congress has chosen not to regulate interest rates on a national level, individual states have made the decision to to protect their consumers. Unfortunately, the usury cap is still at a very questionable rate and in the last twenty or so years it has only risen. In the state of Michigan, the usury rate is currently 25%. Which begs the question, why have interest rates been allowed to soar to such outrageous amounts?
More... |
| |
January 28, 2008
As it stands now, Chapter 13 bankruptcy is the most effective tool in saving your home from foreclosure. It allows you to get caught up, while freeing you from other debt you may have. However, there is a call to allow bankruptcy judges to help even more. Jack Kemp, the former secretary of Housing and Development, recently wrote an opinion for the Los Angeles Times. In it, he outlines changes that could make Chapter 13 bankruptcy more helpful to homeowner ’s and the economy in general.
More... |
|
| |
|
Michigan Bankruptcy Attorneys |
Contact a bankruptcy attorney for help today
Why a attorney to handle your Detroit bankruptcy? You really want to trust someone who is an expert to help you with something that will shape your financial life for years to come.
It's the age-old dilemma: "If I had enough money for a lawyer, I wouldn't need to file bankruptcy!" While at first impression, this may make sense, if you think it through, there is a good justification for having Detroit bankruptcy lawyers help you. A skilled bankruptcy lawyer can save you much more money than you'll spend.
 Let's say your Detroit bankruptcy attorney fees are between $800 and $1250 for a chapter 7 bankruptcy. A skilled professional will assist you in finding exemptions for your property and house, often up to many thousands of dollars.An attorney will appear with you in court if your creditors fight you on an issue or want you to give something back, or say that some major thing is non-dischargable. You don't want to be on your own, at that point. An attorney can work out a Chapter 13 plan that fits your particular financial situation, often saving you $10,000s of money you'd have to pay back in unsecured debt. Finally, only an attorney can give you legal advice about your situation; no one else can, not even those paralegal services.
Contact a bankruptcy attorney for help today
Payment plans are available, and we'll work with you so that you can get this done as quickly as possible. For a big deal like a bankruptcy, have a Detroit attorney help.
|
|
| |
|
|
