Community News

April is National Financial Literacy Month. Dr. Yashima caught up with Sonya Smith Valentine, the President of Financially Fierce, LLC, for part two of how to be “financially fierce”. Valentine educates us on bankruptcy, tax issues, and shows us how to get back on the road to being financially fierce!  

  Detroit Emergency Manager Keyvn Orr According to USAtoday.com, the city of Detroit filed for Chapter 9 bankruptcy protection in federal court Thursday, laying the groundwork for a historic effort to bail out a city that is sinking under billions of dollars in debt and decades of mismanagement, population flight and loss of tax revenue. The bankruptcy […]

In a desperate attempt to avoid bankruptcy, Detroit’s Emergency Financial Manager, Kevyn Orr, announced the financially ailing city’s plan to immediately stop paying down $2.5…