Blog Posts in June, 2012

  • 30-Jun-2012

    Detroit: On the Brink of Bankruptcy

    Detroit – Once the center of American automotive manufacturing with jobs galore during its powerful reign is now facing bankruptcy unless the state of Michigan is able to come up with $80 million dollars desperately needed to keep the city ...
  • 28-Jun-2012

    Capitol Bancorp Ltd. Facing Bankruptcy

    Lansing, MI – Capitol Bancorp Ltd., a holding company with banks throughout Michigan has been struggling financially for years. In an attempt to keep the company above water, it is voluntarily restructuring the company while it prepares for the ...
  • 15-Jun-2012

    How can a Deed in Lieu of Foreclosure Help Me?

    Are you in danger of losing your home to foreclosure? This is usually a difficult and stressful time in one's life that involves many important decisions regarding the future. For many individuals and families in Detroit and throughout Michigan, ...
  • 12-Jun-2012

    Bankruptcy: The Hard Choice

    Wow, it seems like it was yesterday when I nervously sat down with my first clients to see if I could help them through their financial crisis. As I asked the young couple questions about their incomes, I couldn't help but reflect on my own ...
  • 5-Jun-2012

    Detroit NFL Player Files for Bankruptcy

    A former Detroit Lions defensive tackle, Luther Elliss, has filed for bankruptcy despite his high-dollar income. Eliss didn't fall prey to the outrageous and luxurious spending habits that ensnare many other NFL players and professional athletes; ...

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