Resolving a legal or financial problem can be difficult. But imagine the surprise and frustration when a former debt obligation, retired long ago, rises again. Below are four of the common "zombie" debt scenarios that clients often encounter and how to address them:...

Forfeiture vs. foreclosure of land contracts in Michigan? 5 things to consider When a buyer defaults on a land contract, the seller can generally pursue one of two legal remedies: forfeiture or foreclosure. Both remedies have advantages and disadvantages. In general,...

When a legal matter arises, most people seek legal representation from a licensed attorney well- versed in the area of law that addresses their problem. But there are no laws against pursuing a matter without an attorney, and not all matters actually require...

Recently, a $37 Million Dollar default judgment against an Alabama restaurant owner was set aside by the Alabama Supreme Court. A default judgment is awarded when a defendant to a civil suit fails to answer a legal complaint in a timely fashion. In such cases, the...

When Debt Buyers Escalate Collection Efforts: 5 Things to Do in a Collection Lawsuit Aggressive debt buyers make big business out of purchasing and collecting on old credit card, medical, and charged- off consumer debt. Recently, California passed its new Debt Buyers...

I actually cut out and saved this article from the August 27, 2004 USA Today because at the time, this tag line struck me funny. It foreshadowed the things to come.... Americans hang on to bigger, better lifestyles Incomes Flat, but people still buying homes, cars By...

This August is National Will Month. It precedes September's National Preparedness Month and somehow, National "What Will Be Your Legacy" Month manages to fit snugly between the two. In truth, there is never a better time than "now" to be prepared and create an estate...

American Public Media, Marketplace Money Candace Manriquez Friday, July 18, 2014 Here’s a handful of student loan numbers for you. According to the Consumer Financial Protection Bureau, current student loan debt is nearing $1.2 trillion. An estimated 7 million...

If you think this sounds like a repeat from national headlines about the U.S. Housing Crisis in 2007, you're not too far off base, or perhaps you are. It's happening on the other side of the globe; this time in China. Check out today's story from NPR Morning Edition:...

by Sabri Ben-Achour Tuesday, July 1, 2014 - APM Marketplace It’s not every day that five government agencies, including the Federal Reserve and the FDIC, all come out with the same warning on the same day. That’s what happened this morning, and it amounted to a...