Akron Bankruptcy & Debt Lawyer, Ohio

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Mark Franklin Graziani Lawyer

Mark Franklin Graziani

VERIFIED
Bankruptcy & Debt, Estate, Lawsuit & Dispute, Criminal, Divorce & Family Law

Mark Graziani is a practicing lawyer in the state of Ohio. He received his J.D. from University of Akron School of Law in 2014 and is licensed in Ohio... (more)

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800-950-7351

DOUGLAS D JONES Lawyer

DOUGLAS D JONES

VERIFIED
Estate, Trusts, Family Law, Bankruptcy, Real Estate
Affordable Quality Legal Services With A Caring Approach Toward A Winning Strategy

Douglas Jones is a Probate Lawyer proudly serving Canton, Ohio and the neighboring communities.

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CONTACT

800-694-0681

Edwin Howard Breyfogle Lawyer

Edwin Howard Breyfogle

VERIFIED
Divorce & Family Law, Estate, Bankruptcy & Debt

Since 1976, Edwin H. Breyfogle Attorney at Law has been helping people escape the stranglehold of debt through expert legal representation under the U... (more)

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CONTACT

800-897-2620

Ronald N. Towne

Banking & Finance, Bankruptcy, Corporate, Credit & Debt
Status:  In Good Standing           

Nicole A. Soltis

Consumer Bankruptcy, Bankruptcy
Status:  In Good Standing           

Veronica K. Buetel

Land Use & Zoning, Government Contract, Government Agencies, Bankruptcy
Status:  In Good Standing           

Aaron Jacob Zurbrugg

Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Ann Wehener

Banking & Finance, Bankruptcy, Business Organization, Collection
Status:  In Good Standing           

Debra E. Booher

Collection, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

A. Michelle Jackson

Employment, Corporate, Bankruptcy
Status:  In Good Standing           

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

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

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Lawyer.com can help you easily and quickly find Akron Bankruptcy & Debt Lawyers and Akron Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

FCRA

See Fair Credit Reporting Act.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)
A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)
A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

FDCPA

See Fair Debt Collections & Practices Act.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)
(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)
The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)
Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)
As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.