Ludington Reorganization Lawyer, Michigan

Sponsored Law Firm


Richard A. Randall

Real Estate
Status:  In Good Standing           Licensed:  38 Years

Monica Rae Jewell

Mediation, Social Security, Elder Law, Landlord-Tenant
Status:  In Good Standing           Licensed:  11 Years

Carlos H. Alvarado-Jorquera

Other, International Other, Employee Rights, Collection
Status:  In Good Standing           Licensed:  20 Years

Ryan T. Glanville

Civil Rights, Personal Injury, Family Law, Criminal, Mass Torts
Status:  In Good Standing           Licensed:  27 Years

Melissa M. Stowe-Lloyd

Family Law, Divorce & Family Law
Status:  In Good Standing           Licensed:  23 Years

Melissa Marie Stowe-Lloyd

Family Law, Divorce & Family Law
Status:  In Good Standing           Licensed:  23 Years

Jennifer Nicole Cleaver

Estate Planning, Guardianships & Conservatorships, Business, Trusts
Status:  In Good Standing           Licensed:  16 Years

Cory Curtis Rickett

Commercial Real Estate, Copyright, Oil & Gas, Collection
Status:  In Good Standing           Licensed:  11 Years

Mark A. Otto

Real Estate, Estate, Divorce & Family Law, Accident & Injury
Status:  In Good Standing           Licensed:  44 Years

Becky Sue Lederer

Estate, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  17 Years

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

Member Representative

Call me for fastest results!
800-943-8690

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

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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Easily find Ludington Reorganization Lawyers and Ludington Reorganization Law Firms. For more attorneys, search all Bankruptcy & Debt areas including Bankruptcy, Collection, Credit & Debt and Workout attorneys.

LEGAL TERMS

DISCHARGE (OF DEBTS)

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

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)
An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

CCCS

See Consumer Credit Counseling Service.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)
Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)
A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

COLLATERAL

Property that guarantees payment of a secured debt.