These days, almost anything can be purchased online. Most online retailers also allow consumers to save credit card information, making it incredibly easy to overspend. It doesn’t take much for credit card debt to spiral out of control. Here are a few tips to help...

Bankruptcy
The benefits and downsides of bankruptcy
In Michigan and beyond, financial crises have been on the rise in recent years. For some, a key factor to restoring stability lies in filing for bankruptcy. There are pros and cons to such programs, which every individual should consider before filing for...
Bed Bath & Beyond closing Michigan stores in bankruptcy
Michigan consumers in need of linens, bath towels and other household items will have to look for products in stores other than Bed Bath & Beyond, come June of this year. The company has 13 stores in this state, most of which are in Detroit. However, ongoing...
What are the 6 bankruptcy types?
When an individual or business in Michigan starts looking into bankruptcy, it will quickly become apparent that there are many types. These types are labeled under “Chapters” and indicate the process that will be undertaken in addressing creditors. The two most common...
How personal credit scores are affected by bankruptcy
These days, it can seem almost impossible to pay for food, shelter and other living expenses without accruing debt. Unfortunately, it doesn’t take long for debt to pile up and become overwhelming. Filing for bankruptcy is sometimes seen as a last-resort type option in...
What happens to title loans in Chapter 7 bankruptcy?
Individuals who are considering bankruptcy may hold various types of debt and often wonder how these different debt types might be dealt with through the bankruptcy process. A car title loan is one type of debt that many Michigan car owners hold and have questions...
What happens to cryptocurrency in bankruptcy?
Cryptocurrency used to be a somewhat niche asset with only a handful of investors. Today, however, polls indicate that 20% of adults in the United States have invested in or used cryptocurrency in some way, making it increasingly relevant in legal situations. One...
What to avoid before deciding to file for bankruptcy
These days, dealing with financial stress just seems normal for many people in Michigan. Living under crippling financial stress will typically make a person do whatever it takes to relieve this constant pressure. Chapter 7 bankruptcy is an option for some people who...
How to know when it’s time to file for bankruptcy
These days, many Michigan residents live paycheck to paycheck. A lot of people may find themselves in high amounts of debt just trying to make ends meet. Excess debt can be draining and overwhelming. However, when it feels like there’s no way out, filing for Chapter 7...
Avoid bankruptcy by paying off credit card debt
The majority of Michigan residents own credit cards and use them frequently. Credit cards can be a convenient way to buy things, especially large purchases. Since credit cards are so handy, it is incredibly easy to rack up large amounts of consumer debt. Paying down...