Seniors And Debt Hey, I remember those “mythical” times! In a mythical American past, families took out one 30-year mortgage, worked at one company for 30 years while paying off the mortgage and sailed off into retirement free of debt. Not mythical, it really happened,...
The post Bankruptcy Tidbits appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Let me know if this law firm obtained a judgment against you. The Oakland County attorneys — identified as Marc Fishman, 70; Ryan Fishman, 32; and Alexandra Ichim, 33 — were charged with multiple felony counts that included racketeering, forgery and obstruction of justice, according...
The post Michigan Collection Attorney Scam And More appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Everything that costs you money to live goes into your budget. Which includes Electronic Funds Transfers from your bank account. And debit cards. And credit cards, until you stop using them. All the studies show people spend with credit cards, and debit cards, spend...
The post Budget Or Bankruptcy? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
You probably don’t have a car combination like the one in the picture. But, you probably have a car or cars or vehicles of some kind, and, most likely. And there are lots of bankruptcy myths circulating about what happens to your stuff if you...
The post What Can I Keep If I File Bankruptcy? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
You are not alone. . . . something on the order of 12 million renting households who collectively owe back rent that may add up to more than $70 billion, by one estimate. Moody’s Analytics calculates that the typical distressed-renter household owes about $6,000 in...
The post Behind On Mortgage Or Rent? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
I would not make this up, and does NOT surprise me: In a working paper released Monday by the National Bureau of Economic Research, economists Will Dobbie and Jae Song examine 500,000 bankruptcy filings in the United States to measure the effect of bankruptcy laws...
The post Healthy Bankruptcy! appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
“Is there any way to stop the debt collectors without filing bankruptcy? I can’t stand the creditor harassment!” Who can? I get this question all the time. The Fair Debt Collection Practices Act (FDCPA) applies to 3rd party debt collectors. Not the creditor you actually...
The post Stop Creditor Harassment appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Real bad. $15 per hour minimum wage will cost jobs and blow up some small businesses. McDonalds is fine with it, of course, drives out the competition and they can afford to invest in machine replacements for live workers. Raising the federal minimum wage to...
The post How Bad Will It Get? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Holding off on mortgage foreclosure to end soon. More than half of 2.7 million active forbearance plans are set to end for good in March, April, May or June, according to mortgage-data firm Black Knight Inc.BKI +0.85% As with most – well, every – thing, how 2020 played...
The post Michigan Mortgage Relief Ending Soon appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
No, you are not a failure if you cannot pay your debts and file bankruptcy. Bankruptcy is, and should be, a last resort. The giant banks and mortgage companies that, with their politician friends, brought about the 2008 worldwide financial crisis, did not file bankruptcy...
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