Millington Bankruptcy & Debt Lawyer, Michigan, page 2

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Darlene Kristin Fawkes Pettit

Government, Religious Discrimination, Collection, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  18 Years

David W. Brown

Real Estate, Family Law, Criminal, Business, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

David J. Karr

Real Estate, Estate Planning, Elder Law, Credit & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  62 Years

Dawn Marie Weier

Conveyancing, DUI-DWI, Contract, Credit & Debt, Lawsuit & Dispute
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

Debra F Donlan

Real Estate, Family Law, Divorce, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Dianne S. Ruhlandt

Landlord-Tenant, Employee Rights, Business, Collection
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Donald William Shaw

Bankruptcy & Debt, Criminal
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

Dustyn Kyle Coontz

Federal Appellate Practice, Criminal, Collection, Animal Bite
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  9 Years

Edward H. Powers

Construction, Mediation, Contract, Credit & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  57 Years

Elizabeth Joy Train

Real Estate, Civil & Human Rights, Business, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  24 Years

Free Help: Use This Form or Call 800-814-6700

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800-943-8690

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LEGAL TERMS

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)
Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)
A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)
Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)
A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)
Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

CREDIT FILE

See credit report.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)
Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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