Dearborn Heights Bankruptcy & Debt Lawyer, Michigan

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David Eric Karson Lawyer

David Eric Karson

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Divorce, Custody & Visitation, Civil Rights, Bankruptcy & Debt, DUI-DWI

David Karson is a practicing lawyer in the state of Michigan handling a variety of legal matters.

Christopher Raymond Shemke

Elder Law, Insurance, Collection, Personal Injury
Status:  In Good Standing           Licensed:  14 Years

Peter C. Doyle

Power of Attorney, Motor Vehicle, Estate, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  42 Years

Mohamad Issa Bazzi

Workers' Compensation, Consumer Protection, Contract, Collection, Wrongful Death
Status:  In Good Standing           

Brent M. Lamkin

Family Law, Divorce & Family Law, Consumer Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

David S. Wilkinson

Commercial Real Estate, Foreclosure, Contract, Bankruptcy
Status:  In Good Standing           Licensed:  22 Years

William L. Orlewicz

Federal Appellate Practice, Criminal, Business, Collection
Status:  In Good Standing           Licensed:  13 Years

Abathar Nazar Alkudari

International, Administrative Law, Business, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  9 Years

Zakaria M. Mahdi

Bankruptcy & Debt, Bankruptcy, Consumer Bankruptcy, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  17 Years

Jane Frances Rusin

Estate Planning, Estate, Consumer Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)
An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)
The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)
These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)
A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)
A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)
The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.