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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?
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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.
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Bankruptcy Law Firm Overview |
Michigan Attorney Lawyers owes its success to its philosophy: A team of proven professionals with a strong conviction to provide all services in a confidential, personal, and timely manner. We emphasize the caring aspects of our services by being especially mindful to educate our clients about their best legal options, and the consequences, while always providing clear guidance and the most competent counsel. One of our law firm's hallmarks will continue to be our educational focus. Michigan Attorney Lawyers create a respectful relationship with our clients — working together with the client in one-on-one settings — so they will make the best decision for themselves and their families. Our approach balances education, enhancement of self esteem, personal responsibility and empowerment — with the common goal of helping our clients move forward to building a secure future.
Our attorneys and staff are accomplished professionals, devoted to providing excellent legal services. With our combined and diverse legal experience, the dynamic team at Michigan Attorney Lawyers are ready to assist you with a wide range of bankruptcy-related matters.
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