Financial Crisis

MMI Services that can help:

  • We understand that each person that seeks assistance has a unique financial situation. During your pre-filing counseling session, a certified credit counselor will work one-on-one with you to develop a detailed personal financial assessment.

  • The pre-discharge education program covers a variety of financial and budgeting topics, assuring you have the tools necessary to build a strong financial foundation.

  • MMI is approved by the U.S. Department of Housing and Urban Development (HUD) to help you to get back on track if you have fallen behind with your mortgage payments.

Featured Financial Crisis Resources

Our Client Asked:

Dear Advice Team,

My sister and I just received a bill from a collection agency associated with our mother. Our mother died many years ago and this is the first time we have been contacted about this expense. Is there a "statute of limitations" on debt? We settled our parent’s estate years ago. Are we responsible for this debt after so many years? We do not have any way to even prove its legitimacy. -Jeffrey

Jeffrey,

Yes, each state has a statute of limitations on how long a debt is considered legally collectable. Depending on state law, the time frame is generally between four to six years fr More...

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Unexpected but inevitable financial crises can be difficult to overcome when debt levels are high and savings levels are low.  If you are facing a financial setback, it is time for planning, not panic.  Learn how to asses the situation, identify resources, set priorities, create a plan, communicate with your creditors during a financial crisis.


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