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What Income is Eligible to Qualify for Filing Bankruptcy in Michigan?

Submitted by Anonymous (not verified) on Mon, 11/18/2013 - 23:50

Are you experiencing financial hardship, but uncertain if you would qualify to file for bankruptcy relief based on your income?  We can help!  Below is some general information regarding the types of bankruptcy relief and how income is considered for filing.  To get a free evaluation of your circumstances, call our office at 866-261-8282 for [...]The post What Income is Eligible to Qualify for Filing Bankruptcy in Michigan? appeared first on

Does a Short Sale Result in Deficiency Debt?

Submitted by Anonymous (not verified) on Thu, 11/07/2013 - 17:57

Many homeowners seek a short sale if they are no longer able to maintain their mortgage payments or wish to step away from the property due to valuation issues.  In most cases, the homeowner needs to prove a financial hardship for the bank to engage in a short sale.  When the house is sold for [...]The post Does a Short Sale Result in Deficiency Debt? appeared first on Acclaim Legal Services, PLLC.

Understanding Your Credit Score. What does your credit score really mean?

Submitted by Anonymous (not verified) on Tue, 10/22/2013 - 21:36

According to Investopedia, your credit score is: “A statistically derived numeric expression of a person’s creditworthiness that is used by lenders to access the likelihood that a person will repay his or her debts.”  Unfortunately, many people look at their credit score as a mark of their self worth.  Here are some interesting facts that [...]The post Understanding Your Credit Score.

Dealing with Underemployment in Michigan

Submitted by Anonymous (not verified) on Thu, 10/17/2013 - 21:19

Unfortunately many Michigan families have seen a drop in their income due to a reduction in work hours or a decrease in their pay.  They may even be performing a job beneath their skill set due to a sluggish job market.  These circumstances are termed “underemployment”. The creation of many more part time jobs in [...]The post Dealing with Underemployment in Michigan appeared first on Acclaim Legal Services, PLLC.

5 Tips for Resolving an Unbalanced Budget….5 Things Not to Do!

Submitted by Anonymous (not verified) on Tue, 10/08/2013 - 23:51

If you are experiencing difficulties with your monthly budget, be proactive in seeking resolutions before the situation worsens.  Sometimes there are unexpected circumstances that cause a budget to fall out of balance.  If these circumstances are short term (i.e.

Do You Need to Hire an Attorney to File for Bankruptcy?

Submitted by Anonymous (not verified) on Wed, 10/02/2013 - 15:10

The United States Bankruptcy court does not require that you have legal representation during a bankruptcy process, but it is strongly encouraged.  This is especially true for filing a Chapter 13 bankruptcy which is a longer and more complicated process.  In either case, there is specific paperwork and documentation that must be accurately prepared.  That [...]The post Do You Need to Hire an Attorney to File for Bankruptcy? appeared first on

11 Signs That You May Need to Consider Filing Bankruptcy in Michigan

Submitted by Anonymous (not verified) on Tue, 09/24/2013 - 17:36

If one or more of the below circumstances is true for you, it may be time to talk to a professional about the best option for you to resolve your debts.  You owe it to yourself to explore your options for a better financial future.  We offer free consultations to discuss Chapter 13 debt consolidation, [...]The post 11 Signs That You May Need to Consider Filing Bankruptcy in Michigan appeared first on Accla

Attorney Chris Jones Speaks at Detroit Consumer Bankruptcy Association Event as Authority on New Model Chapter 13 Plan

Submitted by Anonymous (not verified) on Mon, 06/24/2013 - 06:03

On June 27, 2013, Managing Attorney Chris Jones was a featured speaker at a Consumer Bankruptcy Association presentation in Royal Oak, Michigan.  He instructed both consumer and creditor bankruptcy attorneys about the changes made to the district’s model Chapter 13 plan effective January 2013.  He covered such topics as handling debtors’ income tax refunds and whether [...]The post Attorney Chris Jones Speaks

Attorney Chris Jones Joins Ranks as Board Certified Bankruptcy Specialist

Submitted by Anonymous (not verified) on Sat, 04/06/2013 - 04:10

Our managing attorney, Christopher Jones, just received board certification as a Consumer Bankruptcy Specialist.  This is a demanding process that he completed with the American Board of Certification (ABC) over the past three years.  ABC is a non-profit organization dedicated to serving the public and improving the quality of the bankruptcy bar.  The rigorous certification [...]The post Attorney Chris Jones Joins Ranks as Board Certified Bankruptcy Specialist

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