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Loan Default in Michigan - Will my Credit Union or Regional Bank Pursue Me for the Debt?
Posted by AcclaimLegalService
In general, banks are becoming more aggressive in pursuing loan deficiency claims. From our experience, small regional banks and credit unions are much more likely to pursue collection on a loan default simply because:
- They cannot absorb losses like larger banks;
- They do not receive government funding to offset losses.
What…
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I truly wish that Chris and Cindy had been our legal team from the beginning. We did not know what to expect, we were very uneducated about the chapter 13 process.
Our attorney of record prior would not return email, calls and when I made appointments was not available to help or answer questions.…
I would like to take a moment and recognize our attorney and his team. They were very accommodating and courteous throughout our entire Chapter 13 process. When we had a question we would email them or call and they would promptly get back to us with an answer.…
After five years we finished our chapter 13 plan on June 2. We finally got the discharge and can continue on our new life.
This experience has been very stressful and embarrassing. I am so grateful that Cindy Milln and Chris jones were assigned to us. Both have answered our questions either…
Thank you so much for your help through the Chapter 13 process. It has been a tough 5 years for our family with both of us losing our jobs nearly at the same time, dealing with unemployment and bankruptcy…so glad to be at the end of this journey and getting back to normal. This entire process was…