Birmingham Bankruptcy & Debt Lawyer, Michigan, page 2

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M.G. Moore
About | Practice Areas
411 Bankruptcy Relief
17800 Woodward Ave Suite LL3 Detroit, MI 48203» view map
Bankruptcy & Debt
When Life Happens, We're Here To Help.

A legal practitioner for nearly 20 years, Ms. Moore represents consumers and small businesses under the U.S. Bankruptcy Code.

800-960-9280
1. M.G. Moore Detroit, MI
  Attorney at Law - MI, 2002
2. About411 Bankruptcy Relief
  Legal practitioner for nearly 20 years.
3. Practice AreasExpertise
  Bankruptcy & Debt
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2. Email
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Jay L. Welford

Corporate, Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Richard Kruger

Aviation, Business Organization, Business, Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Paul R. Hage

Business, Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Thomas E. Coughlin

Business Organization, Banking & Finance, Business, Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Alicia S. Schehr

Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Judith Greenstone Miller

Intellectual Property, Corporate, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Jonathan C. Myers

Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Louis P. Rochkind

Real Estate, Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

27777 Franklin Road, Southfield, MI 48034

Jennifer S. Bidwell

Landlord-Tenant, Real Estate, Banking & Finance, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

333 W. 7th Street, Royal Oak, MI 48067

David E. Tovarez

Real Estate, Dispute Resolution, Business Organization, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

333 W. 7th Street, Royal Oak, MI 48067

800-923-0641

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LEGAL TERMS

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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Birmingham Bankruptcy & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

411 Bankruptcy Relief

SPONSORED LAWYERS

Jay L. Welford

Richard Kruger

Paul R. Hage

Thomas E. Coughlin

Alicia S. Schehr

Judith Greenstone Miller

Jonathan C. Myers

Louis P. Rochkind

Jennifer S. Bidwell

David E. Tovarez

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LEGAL TERMS

COLLECTION AGENCY

CURRENT MONTHLY INCOME

CHAPTER 13 BANKRUPTCY

DISCHARGE (OF DEBTS)

PRIORITY DEBT

COLLATERAL

C CORPORATION

PREFERENCE

CHAPTER 7 BANKRUPTCY

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