I recently commented on the threat to cryptocurrency owners if their exchange files for bankruptcy protection. Needless worry? Recent headlines suggest the answer is NO.
Charlie Scharf says there is “no question” we’re headed into an economic downturn and likely a recession. Jamie Dimon says to “brace yourself” for an economic
Equifax, Experian, and TransUnion, the three major consumer credit reporting agencies, recently announced that as of July 1, 2022, they will make changes to the
I’ve written previously about the likely increase in delinquencies and bankruptcies coming this year, but the numbers have yet to back up that prediction. In
Many of us who monitor the economy for signs of repayment distress were certain in early 2020 that the pandemic would result in a dramatic
Media Contact: Barbara Fornasiero; EAFocus Communications; [email protected]; 248.260.8466 Detroit—December 30, 2020—Zana Tomich, co-founder of Detroit-headquartered law firm Dalton & Tomich PLC, has been named a
Most if not all mortgage agreements contain a debt acceleration clause. That clause allows the bank to declare the entire balance due upon the
In addition to the land use and zoning work that we do for religious organizations around the United States, and the donation and collection bin
A recent decision by the Michigan Court of Appeals provided some relief to the financial services industry by holding that a first mortgage of record
A recent decision from the Michigan Court of Appeals makes one thing clear for all financial institutions initiating foreclosure proceedings: Make sure you follow the
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