Grand Rapids Bankruptcy & Debt Lawyer, Michigan, page 2

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Akiva Goldman
About | Practice Areas
Goldman & Associates
615 Griswold St. Suite 1325 Detroit, MI 48226» view map
Bankruptcy
Over 30 Years Experience

Accessibility, responsiveness, and personal commitment is our approach to client representation.

800-797-8031
1. Akiva Goldman Detroit, MI
  Attorney at Law - MI, 1986
  Wayne State University J.D. 1986
2. AboutGoldman & Associates
  Our firm has quick and easy access to all courts in the metro Detroit area.
3. Practice AreasExpertise
  Bankruptcy
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Steven L. Williams

Alimony & Spousal Support, Banking & Finance, Bankruptcy, Bankruptcy Litigation

Status: In Good Standing

FREE CONSULTATION

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977 ADA Place Drive SE, Grand Rapids, MI 49546

Jon Dallas Stratman

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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866 3 Mile Road, N.W., Grand Rapids, MI 49544

Brandon Gardner

Litigation, Criminal, Business, Bankruptcy

Status: In Good Standing Licensed: 10 Years

FREE CONSULTATION

CONTACT

250 Monroe Ave NW Suite 400, Grand Rapids, MI 49503

John A. Potter

US Courts, Divorce, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 33 Years

FREE CONSULTATION

CONTACT

161 Ottawa Avenue, NW, Grand Rapids, MI 49503

Jeffrey L. Hampel

Family Law, Wills & Probate, DUI-DWI, Personal Injury, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

FREE CONSULTATION

CONTACT

2000 28th Street S.W., Wyoming, MI 49519

Bryan Reeder

Trusts, Family Law, Administrative Law, Bankruptcy

Status: In Good Standing

CONTACT

124 Fulton St E, Grand Rapids, MI 49503

Robert E. Lee Wright

Contract, Bankruptcy, Wrongful Death, Employee Rights

Status: In Good Standing Licensed: 40 Years

CONTACT

25 Division Ave S, Grand Rapids, MI 49503

Todd Almassian

Foreclosure, International Tax, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

230 East Fulton Street, Grand Rapids, MI 49503

David Edward Szostek

Litigation, Intellectual Property, Business, Credit & Debt

Status: In Good Standing Licensed: 7 Years

CONTACT

2010 44th St SE, Grand Rapids, MI 49508

Jason Thomas O'Brien

Landlord-Tenant, Medicare & Medicaid, Social Security, Collection

Status: In Good Standing Licensed: 14 Years

CONTACT

25 Division Ave S, Grand Rapids, MI 49503

800-923-0641

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LEGAL TERMS

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

CREDIT FILE

See credit report.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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Grand Rapids Bankruptcy & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Goldman & Associates

SPONSORED LAWYERS

Steven L. Williams

Jon Dallas Stratman

Brandon Gardner

John A. Potter

Jeffrey L. Hampel

Bryan Reeder

Robert E. Lee Wright

Todd Almassian

David Edward Szostek

Jason Thomas O'Brien

TIPS

LEGAL TERMS

DISPOSABLE INCOME

CREDIT FILE

PREFERENCE

ACCORD AND SATISFACTION

S CORPORATION

UNSECURED DEBT

COLLECTION AGENCY

TRADE DRESS

NUISANCE FEES

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