A Helping Hand For Michigan Families
Over 120 years of combined legal experience advocating debt resolution for our clients.
We look forward to earning your trust.
Does a Short Sale Result in Deficiency Debt?
Posted by AcclaimLegalService
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 an amount less than your mortgage, the remaining balance is known as "loan deficiency debt." The common…
Understanding Your Credit Score. What does your credit score really mean?
Posted by AcclaimLegalService
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 breakdown the different ways credit scoring agencies determine…
Dealing with Underemployment in Michigan
Posted by AcclaimLegalService
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…
5 Tips for Resolving an Unbalanced Budget½.5 Things Not to Do!
Posted by AcclaimLegalService
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. temporary lay off or short term medical issue), it is easier to employ basic tactics to bring your budget back into alignment. If the…
Do You Need to Hire an Attorney to File for Bankruptcy?
Posted by AcclaimLegalService
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 documentation must then be provided to the…
11 Signs That You May Need to Consider Filing Bankruptcy in Michigan
Posted by AcclaimLegalService
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, Chapter 7 debt elimination or non-bankruptcy debt settlements. Call us at 866-261-8282…
Attorney Chris Jones Speaks at Detroit Consumer Bankruptcy Association Event as Authority on New Model Chapter 13 Plan
Posted by AcclaimLegalService
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 these funds are required to…
Attorney Chris Jones Joins Ranks as Board Certified Bankruptcy Specialist
Posted by AcclaimLegalService
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 standards are designed…
Why is Now the Time for Debt Resolution?
Posted by AcclaimLegalService
Is this the year to finally put a plan in place to resolve your unpaid bills by either debt elimination or debt consolidation? Factors in the current economy point to conditions unfavorable gaining additional disposable income to overcome outstanding debts:
- Stagnant wages
- Less opportunities for job advancement due to sluggish Michigan job growth
- Increased…
Did the Government Settlement with Major Banks Over Foreclosure Violation Ultimately Help Homeowners and Stop Future Foreclosures?
Posted by AcclaimLegalService
Last month federal regulators announced a settlement of $8.5 billion dollars with 10 major banks to satisfy claims of foreclosure proceeding violations. This breakdown is $3.3 billion in direct payments to borrowers. The remaining part of the settlement will go to such things as debt forgiveness and loan modifications totaling $5.2 billion. So how will this money really be used? - and more importantly,…
Latest Posts
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What Will Happen to Your Mortgage Once COVID-19 Relief Ends?
- Aug 27, 2020 -
Can I Use Unemployment Income to Qualify for Chapter 13 Plan Payments?
- Apr 17, 2020 -
President Trump Suspends Evictions and Home Foreclosure Amid Coronavirus Pandemic. What this means for Michigan Homeowners.
- Mar 24, 2020 -
How do I File for Bankruptcy in Michigan? The Top 6 Steps to Prepare to File Bankruptcy in Michigan!
- Sep 19, 2019 -
Top 3 Signs You Need to Consider Filing for Bankruptcy
- Jun 07, 2019
I retained representation with Acclaim Legal Services after I had previously retained representation by a different law firm. My previous attorney was never available for me to consult with them, and treated me very rudely. As a result of this treatment I decided to retain Acclaim Legal Services to…
My wife and I would like to thank Acclaim Legal Services for all their expertise and support. Special thanks to Brian Rodriguez, Cindy Millns and Leanna Sikes who have been so supportive in this most difficult time in our lives regarding Chapter 13 and our set of rather severe circumstances.
Acclaim Legal Services was extremely helpful to us during a very distressing time of our lives. We started off with a chapter 13 then the economy dropped even further and after a year and a half we had to file chapter 7. We had many obstacles to overcome having owned our own business for over 23 yrs.…
I am writing to thank you for your excellent, client-oriented service through a difficult financial hardship.
I would recommend Acclaim Legal Services (ALS) to anyone seeking relief to the gradual and stressful, and at time, overwhelming pressure of financial debts.
After a thorough…