Entries by reva1

Can Bankruptcy Affect Your Job: Employer Restrictions in Michigan

When people get themselves in challenging economic situations, filing bankruptcy might be the best option to provide debt relief and peace of mind. However, at the same time, doing so could impact your future job prospects in the state of Michigan. Bankruptcy laws do have protections in place for debtors who have filed bankruptcy, shielding […]

Can You Use Retirement Funds to Avoid Bankruptcy?

If you are facing financial challenges, you might be searching for different ways that you can get out of debt and avoid bankruptcy. One potential consideration might be dipping into your retirement funds to pay off outstanding debt in one lump sum. While this might sound like a good idea on the surface, it’s not […]

Protecting Retirement Funds in Bankruptcy: What You Need to Know

For some people, bankruptcy can provide a fresh start, a way out of a bad financial situation that has no other solutions. Bankruptcy can be a complicated process, though, since there are so many factors at play. One of the most common questions that’s asked by people who are considering bankruptcy is whether they have […]

How Predatory Lending Practices Lead to Foreclosure: A Grim Realty

Despite regulatory measures meant to prevent it, predatory lending is a major problem in the U.S. today. People are sometimes desperate to purchase a home or are uneducated on specific details of mortgages, and some lenders seek to take advantage of that. Predatory lending refers to any unfair, deceptive or abusive loan terms that predatory […]

Waiver and Estoppel in Mortgage and Foreclosure Law: A Comprehensive Guide to Understanding Your Rights

Estoppel is a long-standing legal principle that prevents someone from being wronged unjustly by the actions or words of someone else. Found in many common law legal systems throughout the world — including in the United States, Canada and the UK — it essentially prevents someone from contradicting something that they did or said in the past. […]