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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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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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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           

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

Call me for fastest results!
800-943-8690

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

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LEGAL TERMS

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)
A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)
A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension 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.

CREDIT FILE

See credit report.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)
A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)
A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)
A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)
A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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 ...