by DFYStaff | Aug 8, 2025
Having too much credit card debt can significantly impact a person’s ability to retire comfortably. Credit card debt is typically associated with high interest rates, meaning that a substantial portion of monthly payments goes toward interest rather than reducing the...
by Ken Gross | Aug 3, 2023
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...
by Ken Gross | Jun 7, 2023
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....
by Brian Small | Jun 5, 2023
Chapter 13 bankruptcy, also known as the wage earner’s plan, provides individuals with a viable means to regain control over their finances and rebuild their lives. While bankruptcy is often seen as a last resort, Chapter 13 offers several benefits that can help you...
by Ken Gross | May 26, 2023
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...
by Ken Gross | May 19, 2023
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...
