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Detroit Bankruptcy Lawyer, Michigan
Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution


Christopher Wayne Quinn II Lawyer

Christopher Wayne Quinn II

VERIFIED
Felony, DUI-DWI, Misdemeanor, Traffic, Bankruptcy
Criminal Defense Attorney Handeling Felony and Misdemeanor Cases

At the law offices of Quinn and associates our motto is knowledge, excellence, and determination. The professionals at The Law Offices of Quinn & Asso... (more)

FREE CONSULTATION 

CONTACT

800-645-3790

Daniel  Romano Lawyer

Daniel Romano

VERIFIED
Accident & Injury, Civil & Human Rights, Bankruptcy & Debt, Social Security, Bankruptcy

When Dan Romano was growing up, it was not his ambition and dream to go to law school and open his own firm. He did not follow a straight path. And he... (more)

FREE CONSULTATION 

CONTACT

800-972-2640

Edward J. Gudeman Lawyer

Edward J. Gudeman

VERIFIED
Bankruptcy & Debt, Business & Trade, Reorganization, Credit & Debt, Consumer Bankruptcy

Lawyer.com Member Questionnaire

Please describe a case(s) in the last year or two where you made a big difference.
I... (more)

John J. Keenan Lawyer

John J. Keenan

VERIFIED
Bankruptcy, Divorce, Wills & Probate, Trusts, Business Organization

Our Philosophy: We believe that everyone deserves quality legal representation at a fair price. That's why we have worked for 30 years to provide l... (more)

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CONTACT

800-646-0920

Thomas J. Tomko Lawyer

Thomas J. Tomko

VERIFIED
Felony, Misdemeanor, DUI-DWI, Bankruptcy, Wills & Probate
(586) 795-8822 Criminal Defense - Macomb - DUI DWI - Drunk Driving - Misdemeanor/Felony - Bankruptcy

When its YOUR legal matter, its important, and EXPERIENCE COUNTS. Get your BEST DEFENSE by calling the Law Office of Thomas J. Tomko. Our Attorneys... (more)

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CONTACT

800-850-1171

Anthony  Greene Lawyer

Anthony Greene

Foreclosure, Family Law, Bankruptcy, Criminal, Real Estate Other
We help individuals, families and small businesses withtheir legal needs

Anthony Greene is a lifelong resident of the great State of Michigan and the owner of the Greene Law Group, PLC, law firm. He received his Bachelor of... (more)

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Blair A. Person

Banking & Finance, Construction, Real Estate, Bankruptcy
Status:  In Good Standing           

Leo J. Gibson

Business Organization, Bankruptcy, Litigation
Status:  In Good Standing           

Walter A. Metzen

Bankruptcy
Status:  In Good Standing           

Aric K. Melder

Adoption, Bankruptcy, Collection, Criminal, DUI-DWI
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

800-923-0641

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LEGAL TERMS

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)
In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)
A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)
The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)
The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)
A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

... II. REVIEW OF THE CHAPTER 7 BANKRUPTCY PROCEEDINGS. ... 109, 121, 597 NW2d 817 (1999). V. ANALYSIS—RES JUDICATA AND BANKRUPTCY PROCEEDINGS. A. GOVERNING PRINCIPLES. Our starting point is to determine the applicable res judicata test. ...

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

... See MCL 500.402b(a); MCL 500.1904. The policy here includes language similar to the required "bankruptcy provision" for contracts controlled by the code. MCL 500.3006. However, Gulf Underwriters has not indicated that ...

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

... Plaintiff first argues that a guarantor's liability is not extinguished when a debt is discharged in bankruptcy. Here, plaintiff's obligor, Palms Investments, LLC, defaulted on its debt to plaintiff and filed a petition for bankruptcy. During ...