DETROIT BANKRUPTCY COURT This is it! Home of the Detroit, Michigan bankruptcy court. Nothing marking it other than the address: 211 West Fort. The initial, usually, only, court date is held here on the third floor, for both Chapter 7 and Chapter 13 creditor meetings, or, 341 hearings. Well, for certain counties in the Eastern…
People behind on credit cards declined, but people behind on mortgage payments increased. Huh? Don’t people value their home more than a credit card? That was the conventional wisdom, which a friend of mine points out is usually neither conventional or wise. The CNBC story linked to above wrongly states that mortgages are non-recourse loans….
