Michigan Debt Solutions

Learn about debt relief options in Michigan

  • Talk to a Debt Professional
  • Free Debt Analysis

Get the Michigan Debt Relief You Need

It is easy to get overextended on your finances and for many living in the Wolverine State this is clearly reflected in an average credit card debt of $4,929 per household. Additionally, utilities and transportation costs have further strained family finances in Michigan. If you are looking at debts piling up beyond your ability to pay them, then you need to examine your options under Michigan debt consolidation plans that can help you reorder your finances without risking the loss of your assets. Should you find yourself in a similar situation and looking for Michigan debt relief information, reach out to a qualified financial expert for the advice that you need.

For families living in Michigan, the state offers protection and programs like Michigan debt consolidation programs, or other debt relief plans. Understanding the state’s statutes of limitations is important to knowing your rights under the consumer protection laws. Although it varies state by state, the statutes of limitations is a specific limitation on the time in which creditors can file legal action against you for past due debts. In the Wolverine State, the statutes of limitations on outstanding debts include:

  • Oral Contracts—6 Years
  • Written Contracts—6 Years
  • Promissory—6 Years

Additionally, the state’s consumer protection laws ensures that collection efforts conform to established norms and procedures that limit the hours and places they can call to reach you for a payment.

Debt Collection

Michigan follows the set of laws known as the Fair Debt Collection Practices Act.


  • Original creditor or creditor collecting own debt must comply with all the provisions of the FDCPA, except those provisions dealing with required disclosures.
  • Debt collector must provide debtor with receipts for cash payments and other payments when specifically requested to do so.

Maximum Interest Rate a Collection Agency Can Charge in Michigan: 5%

Michigan Debt Law

Michigan Wage Protection: 60% of wages (no less than $15/week) plus $2/week per nonspouse dependent; if not head of household, may keep up to 40% of wages (no less than $10/week). FEDERAL LAW STIPULATES THAT AT LEAST 75% IS PROTECTED—OVERRIDES STATE LAW.

Michigan Debt Relief from Americor

You don’t need to lose sleep at night over your debt, but you do need to get control of your finances if you ever hope to sleep soundly again. You need to discuss the range of debt management options available to you, and our team of financial experts is standing by to help you with the Michigan debt relief plan that you need help you to get back on your financial feet. Get the night of good sleep you deserve with the help of Americor.


video WATCH VIDEO Phillip Alabama
video WATCH VIDEO Gabe Dallas, TX
video WATCH VIDEO Lori Maryland

See how Americor can help

Check your options