Michigan Collections Lawyers

Southfield

Lori J. Frank PC

Southfield, MI | Phone: 866-241-8621
Lead Counsel Rated Lead Counsel Rated

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Frequently Asked Questions

Legal Articles

  • Loan Default: Workout, Litigate or Foreclose?
    Creditors are often faced with a difficult decision when a borrower defaults on a loan. In order to stay in business, creditors must collect on as many loans as possible. However, there are different ways to collect on loans and different factors that determine which way is the best way to try to collect the money owed in a given situation. Primarily, creditors have three … more
  • Property That is Exempt From Bankruptcy
    Has one of your borrowers filed for bankruptcy? Are you concerned about recovering the money that you loaned to the borrower? Many creditors are concerned and rightly so. Often, a borrower who is filing for bankruptcy protection has several debtors who need to be paid from a finite amount of assets and not all of a borrower’s assets can be used to satisfy his or her debts … more

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