Are We Old?

Are We Old?

I was having dinner with a friend and fellow attorney that defends municipalities. He was relating a story to me of a deposition he had taken that day of a man that was suing his client (a township), alleging he was the victim of police abuse in the jail. In the...
Identifying Financial Cancer

Identifying Financial Cancer

If you ask me to loan you money – and I verbally agree, then the maximum interest I can charge you under Michigan law is 5%. If we reduce an agreement to writing, the maximum is 7% absent a business purpose and requisite affidavit. MCL §438.31. From a historical...
Your Credit Score – Don’t Sweat The Small Stuff

Your Credit Score – Don’t Sweat The Small Stuff

I know you’ve heard it before – “Don’t sweat the small stuff .” This truism applies to every facet of our lives. We often make the mistake of over dramatizing issues in our personal relationships – between spouses, between partners, and between parents and children....
Debt Resolution: A Solid Concept

Debt Resolution: A Solid Concept

Oftentimes – we are hired to assist a client in fighting off creditors. Strategy varies from one case to another because situations are different, BUT THE GOAL IS ALWAYS THE SAME- REDUCE OR ELIMINATE THE DEBT IN THE FASTEST, LEAST COSTLY FASHION. There are times when...
Financial Freedom: Just One Horse Away

Financial Freedom: Just One Horse Away

The recession is coming! The recession is coming!!! Can you all hear that? A vision of Paul Revere on horseback warning the people should be running through your head. If you watch the news, we should be scared out of our minds about the coming recession. The economy...