Hesperia Bankruptcy & Debt Lawyer, Michigan

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Kevin J. Wistrom Lawyer

Kevin J. Wistrom

VERIFIED
Real Estate, Accident & Injury, Bankruptcy & Debt, Estate, Government

Wistrom Law is concentrated in Real Estate law with emphasis on Accident & Injury, Bankruptcy & Debt, Estate, Government and Medical Marijuana. He has... (more)

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CONTACT

800-805-1630

Jon Dallas Stratman

Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Robert A. Stariha

Other, Estate Planning, Consumer Bankruptcy, Medical Malpractice
Status:  In Good Standing           Licensed:  46 Years

Lindsey Ann Barkow

Estate, Divorce & Family Law, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  10 Years

Mark C. Miller

Employee Rights, Contract, Credit & Debt, Personal Injury
Status:  In Good Standing           Licensed:  19 Years

Christopher Scott Erickson

Estate, Family Law, Criminal, Bankruptcy
Status:  In Good Standing           Licensed:  13 Years

Robert Andrew Hager

Real Estate, Litigation, Corporate, Bankruptcy
Status:  In Good Standing           

Erin Lee Fisher

Insurance, Collection, Wrongful Death, Elder Law
Status:  In Good Standing           Licensed:  13 Years

Austin Burwell Barnes

International Tax, Employment, Business, Bankruptcy
Status:  In Good Standing           Licensed:  34 Years

Martin M. Holmes

Real Estate, Litigation, Estate, White Collar Crime, Bankruptcy & Debt
Status:  In Good Standing           

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LEGAL TERMS

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)
A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)
A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)
A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)
A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)
A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

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.

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