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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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Macomb County Bankruptcy |
 In Macomb County, if you file bankruptcy, you will need to attend the bankruptcy court with you . Our Macomb County bankruptcy attorneys know their way around the bankruptcy court.
The harassing creditor phone calls and threatening letters from collection agencies can make your life miserable. Same thing for wage garnishment, foreclosure and car repossession.
Get a skilled bankruptcy attorney to help you regain control. This is why, whether you live in Armada ,Centerline, Eastpointe, Fraser, Memphis, Mount Clemens, New Baltimore, New Haven, Richmond, Romeo, Roseville, Saint Clair Shores, Sterling Heights, Utica, Warren when you need to get a hold of an attorney for a bankruptcy, we're the lawyers to turn to.
So, if you're in financial trouble and thinking about credit card debt consolidation or bankruptcy, you really need to contact a Macomb County bankruptcy lawyer right away.
In addition to Macomb County, we're all over Michigan, Wayne County, Oakland County, Livingston County, Washtenaw County. ( Michigan Cities Served )
Contact a Macomb County Bankruptcy Attorney Right Now
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