CBS News has a new article discussing the purchase of a car after you have filed bankruptcy. It very insightful on going through the steps to getting a decent auto loan. In my experience, our clients who were able to get the best rates were able to do the following: 1. Make all payments to […]
Southfield, Michigan Adult Community Sold
Solaire Active Adult Community in Southfield, Michigan, has been sold for approximately $20 million. The complex is less than a mile from Providence Hospital. The property has over 382 units for 55+ residents. Southfield, Michigan has been in the news over the last few months due to its office and commercial space availability. As many […]
Bankruptcy Attorneys for Caesars Entertainment Struggle in Court
Bankruptcy attorneys for Caesars Entertainment have been struggling in bankruptcy court lately. The bankruptcy judge assigned to Caesar’s case questioned the financial maneuvers of the owners for taking part in transactions appearing to be self-dealings. The bankruptcy lawyers for Caesars will have to show the company’s good faith leading up to the bankruptcy filing to […]
Southfield, Michigan Landmark Mall to Close
The Oakland County Circuit Court has authorized the closing of Southfield’s Northland Mall. Northland was one of the nations first modern shopping malls. Built in 1954, it was the nations largest mall at the time. The Southfield mall was the first of the four directional malls – others being Southland, Westland, and Eastland – built […]
Oversight of Detroit Bankruptcy Transferred
The chief judge of the U.S. 6th Circuit Court of Appeals, R. Guy Cole, Jr., has appointed U.S. Bankruptcy Judge Thomas Tucker, of the Eastern District of Michigan, as the new judge to proceed over the City of Detroit’s Chapter 9 bankruptcy. Chief Judge Cole stated that he looked at factors of experience and case […]
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