Debt Settlement is often seen as a contrast to bankruptcy. In reality it is a process that occurs both inside and outside of bankruptcy and involves knowing the needs and concerns of both debtors and creditors.

New Michigan Redemption Laws

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Last month, Michigan law experienced a major change threatening a Debtor’s redemption period rights after a foreclosure sale.  The new laws were signed by the Governor on July 3, 2013.  While there is still some legislation coming that should help clarify the new rules, homeowners need to be aware these new laws become effective January 10, 2014. Read more