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Michigan Bankruptcy Blog

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…

Read more | Mar 04, 2013

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,…

Read more | Feb 25, 2013

Managing Credit Card Debt in Michigan - Should I Cut Up My Cards?

Posted by AcclaimLegalService

Mounting credit card debt can be stressful.  Many people have found creative solutions to curb their spending½.cutting up their credit cards, cancelling unused cards or even putting their cards on ice½.literally putting them in the freezer to avoid impulse spending!  So what is the right balance½.are credit cards inherently "bad?" Our perspective is no, a plastic card is not the problem½it is the…

Read more | Feb 17, 2013

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I would give the Acclaim team an A+.  The team never made us feel any less then important to each of them from the Desk Clark to the Trustee – I must say…. the communications that I had with Nicole M. Hollihan was always great – e-mails and voice mails were answered…
Sandy & Bob

(Westland, MI)

I filed bankruptcy chapter 13 through your office and I’ve been dealing with Cindy Mills for 5 years.

She was very helpful and patient all these years.

I would like to just thank Cindy for being good to me and let you know that you have a great…
Tim

(Clawson, MI)

I wanted to extend my gratitude for helping me understand my Foreclosure/Chapter 7 situation. I left our meeting feeling reassured about my situation. You presented the information in a way I could understand. I have consulted with legal counsel in the past and…
Rachel

(Initial Consultation)

We can’t thank you enough for your help over the past 3 years.  Your professionalism and patience speaks volumes about you!
Bob & Pamela

(Warren, Michigan)