Grant Reorganization Lawyer, Michigan, page 6

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David L. Ten Cate

Real Estate, Collection
Status:  In Good Standing           Licensed:  33 Years

Bradford W. Springer

Litigation, Lawsuit & Dispute, Employee Rights, Criminal, Collection
Status:  In Good Standing           Licensed:  20 Years

Bradley J. Fisher

Real Estate, Employee Rights, Administrative Law, Bankruptcy
Status:  In Good Standing           Licensed:  22 Years

John P. Hayes

Bankruptcy, Bankruptcy & Debt, Personal Injury, Accident & Injury
Status:  In Good Standing           Licensed:  27 Years

Miles Lynch Greengard

Estate, Pension & Benefits, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  12 Years

James W. Kraayeveld

Litigation, Family Law, Divorce, Child Custody, Dissolution

Rebecca L. Johnson

Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  22 Years

Larry A. Ver Merris

Land Use & Zoning, Corporate, Banking & Finance, Collection
Status:  In Good Standing           Licensed:  46 Years

Lisa M. Hagenauer

Alimony & Spousal Support, Child Support, Children's Rights, Collection
Status:  In Good Standing           Licensed:  29 Years

David C. Andersen

Employment Discrimination, Collection, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  45 Years

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800-943-8690

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LEGAL TERMS

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)
A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)
The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

FCRA

See Fair Credit Reporting Act.

FCBA

See Fair Credit Billing Act.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)
An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

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