Port Huron Bankruptcy & Debt Lawyer, Michigan

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David R. Heyboer Lawyer

David R. Heyboer

VERIFIED
Criminal, DUI-DWI, Bankruptcy & Debt, Personal Injury, Real Estate

When you've been arrested and facing criminal charges, there can be serious consequences for you and your family. Don't face your criminal charges alo... (more)

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800-953-6751

Anissa Cherri Hudy Lawyer

Anissa Cherri Hudy

VERIFIED
Bankruptcy & Debt, Estate, Landlord-Tenant, Litigation

Anissa Hudy is a practicing lawyer in the state of Michigan.

Shawn J. Coppins Lawyer

Shawn J. Coppins

VERIFIED
Divorce & Family Law, Criminal, Accident & Injury, Bankruptcy, Traffic
Mr. Coppins was born and raised in the Metro-Detroit area and is a Litigation Specialist

Shawn Coppins is an aggressive plaintiff's attorney and is one of the firm's founding partners.Mr. Coppins was born and raised in the Metro-Detroit ar... (more)

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CONTACT

800-928-4120

Jeffery D Maynard Lawyer

Jeffery D Maynard

Criminal, Divorce & Family Law, Bankruptcy & Debt, Estate, Lawsuit & Dispute

The attorneys of Maynard Law Associates, PLLC are skilled at walking our clients through each step of the complicated legal process. If you are co... (more)

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CONTACT

586-944-2656

Lyndsay S. Ott

Collection, Banking & Finance, Corporate, Real Estate
Status:  In Good Standing           

Derek J. Brackon

Business Organization, Family Law, Collection, Wills & Probate
Status:  In Good Standing           

Steven S Vernier

Wills & Probate, Estate Planning, Family Law, Criminal, Bankruptcy
Status:  In Good Standing           

Stacey L. Sanford

Commercial Real Estate, Estate Planning, Employment, Bankruptcy
Status:  In Good Standing           

Thomas M. Hensel

Foreclosure, Workout, Consumer Bankruptcy, Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

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Lawrence Lucido

Real Estate, Estate, Bankruptcy & Debt
Status:  In Good Standing           

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LEGAL TERMS

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)
A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)
A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)
A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)
In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)
A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)
A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)
A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)
Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

FCBA

See Fair Credit Billing Act.