Student Loans and Covid-19

There is no doubt the coronavirus pandemic has impacted everything in your daily life.  Today we are going to look at the impact of Covid-19 on your federal student loans owned by the Department of Education.  Keep in mind these are different than privately held student loans. Currently, your Department of Education student loan payments… Read more »

Detroit Lawyers PLLC featured in Jalopnik

The automotive blog, Jalopnik,  conducted a thorough investigation of Credit Acceptance and its practices. Jalopnik examined over twenty years of court records in the 36th District in Detroit and found that one out of every nine people facing a debt collection case was being sued by Credit Acceptance. Attorney Drew Millitello was interviewed for the… Read more »

Bankruptcy and Your Spouse

How Bankruptcy Affects Your Spouse As more and more married couples keep their finances separated, people frequently ask if bankruptcy will affect their husband or wife.  Since nobody can MAKE you file for bankruptcy, a number of our married clients end up filing bankruptcy without their husband or wife.  Usually the non-filing spouse will want… Read more »

Why You’re Not Getting Arrested for Student Loans

If you’ve been on social media in the last week you’ve probably heard about Paul Aker. He claims he was arrested by US Marshals because he owed student loan debt (who doesn’t?). There is STILL no Debtors’ Prison I’ll let you get caught up on the facts that were reported in the original story here…. Read more »

10 Questions with a Client – Part 2

Periodically our office likes to reach out to our clients to give others an idea how the process of filing bankruptcy works with our office. Allowing others to tell their story helps give potential clients a good idea of how a bankruptcy works and may help dispel common misconceptions. We have taken out all identifying… Read more »

10 Questions with a Client – Part 1

  Periodically our office likes to reach out to our clients to give others an idea how the process of filing bankruptcy works with our office. Allowing others to tell their story helps give potential clients a good idea of how a bankruptcy works and may help dispel common misconceptions. We have taken out all… Read more »

Bankruptcy and Discharging Student Loans | Updates

Department of Education undue hardship letter

Discharging Student Loans in Bankruptcy The Department of Education has just released a letter indicating how it will handle a bankruptcy filing that attempts to be discharging student loans. Although there are no set rules and the practice has not been developed yet, the letter provides a road map for when an attorney should attempt… Read more »

Check the Accuracy of Your Credit Report

Accuracy of credit report

via the NYTIMES: TransUnion, Equifax and Experian Agree to Overhaul Credit Reporting Practices Over the past few blogs we have talked about ways to clear up your credit history and superficially discussed some of the different things increase your credit score.  In order for your credit score to be accurate, it’s important that there are… Read more »

A 2015 Michigan Foreclosure Crisis?

Saving your house from foreclosure Although we are a long way from the foreclosure crisis of 2006, experts predict that 2015 will represent a large spike in foreclosures forcing many families out of their homes.  This is due primarily many of the temporary relief measures during the crisis coming to an end. The government programs,… Read more »