Woodland Bankruptcy & Debt Lawyer, Michigan

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Donald J. Baranski Lawyer

Donald J. Baranski

VERIFIED
Divorce & Family Law, Estate, Employment, Criminal, Consumer Bankruptcy
Thirty years in general practice

Donald J. Baranski received his Bachelor of Arts in Humanities Pre Law, from Michigan State University. This was a triple major of American History, P... (more)

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800-970-5860

Jeriamiah Lee Joseph Lawyer

Jeriamiah Lee Joseph

VERIFIED
Divorce & Family Law, Personal Injury, Accident & Injury, Car Accident, Bankruptcy & Debt

Jeriamiah Joseph is the founding Member of Joseph Law – located at 18625 Centennial Road, Suite A, Marshall, MI 49068. Mr. Joseph is licensed to pra... (more)

Michael J. Willis Lawyer

Michael J. Willis

VERIFIED
Bankruptcy & Debt, Wills & Probate, Contract, Elder Law, Estate Planning
Dedicated to Excellence in Client Service

Michael Willis founded this firm with his brother, Shaun Patrick Willis. Their father, Hon. Frank D. Willis, is the probate judge for Van Buren Count... (more)

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800-909-2450

Thomas B. Baynton Lawyer

Thomas B. Baynton

VERIFIED
Criminal, Bankruptcy, Divorce & Family Law, Traffic, DUI-DWI
I fight for you! Let My 29 Years of Experience Work For You!

At the Law Office of Thomas Baynton PLLC, Thomas Baynton is an experienced attorney serving the people of West Michigan. If you have been charged with... (more)

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800-920-2701

Wesley Johnson Todd Lawyer

Wesley Johnson Todd

VERIFIED
DUI-DWI, Criminal, Bankruptcy, Divorce & Family Law

Wesley Todd originally joined the firm as an intern in 2008. He has been a shareholder of the firm since 2020. He was born in Kalamazoo, Michigan and ... (more)

A. Todd Almassian

Litigation, Employment, Corporate, Bankruptcy
Status:  In Good Standing           

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C Mark Stoppels

Business Organization, Collection, Banking & Finance, Wills & Probate
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Greg J. Ekdahl

Litigation, Business Organization, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

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James R. Oppenhuizen

Bankruptcy, Estate Planning, Family Law, Litigation
Status:  In Good Standing           

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James E. Reed

Copyright, Contract, Business Organization, Bankruptcy
Status:  In Good Standing           

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LEGAL TERMS

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)
Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)
A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)
A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)
The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)
In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)
A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for 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.

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