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ELM co-sponsors Senior Independence Benefits Fair in Detroit

On September 15, 2015, hundreds of seniors attended the Senior Independence Benefits Fair held at the Sacred Heart Major Seminary in Detroit, MI (pictured above).  The event was co-sponsored by Elder Law of Michigan, Inc. (ELM), Detroit Area Agency on Aging, the National Council on Aging, the Southeast Michigan Senior Regional Collaborative, and the Center for Financial Health. Speakers presented on a wide range of topics including: … Continue reading ELM co-sponsors Senior Independence Benefits Fair in Detroit

Detroit 0% Interest Home Repair Loan

by Michael Wendel, Administrative Specialist Low-income Detroit residents now have a new option to help with home repairs. A 0% Interest Home Repair Loan is a new option to assist homeowners with needed repairs. You must own your own home and have lived in it for the past 6 months. To qualify, you must have a credit score of at least 560. You can attain your credit … Continue reading Detroit 0% Interest Home Repair Loan

City of Detroit Pensioners

U.S. Bankruptcy Judge, Steven Rhodes, has ruled that Detroit may reduce pensions if needed. Judge Rhodes is permitting the bankruptcy filing of the City of Detroit to proceed. What does this mean for pensioners? It is too early to determine. However, this decision does open the door for possible pension reductions. At this point, no one can predict the amount of the possible reductions. Judge … Continue reading City of Detroit Pensioners