Bath Bankruptcy & Debt Lawyer, North Carolina

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George M. Oliver Lawyer

George M. Oliver

VERIFIED
Business, Bankruptcy & Debt, Bankruptcy, Commercial Bankruptcy, Lawsuit & Dispute

Mr. Oliver received his undergraduate and law degrees from UNC-Chapel Hill. He is a board certified specialist in Business Bankruptcy Law, certified b... (more)

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252-633-1930

Benjamin Robert Eisner Lawyer

Benjamin Robert Eisner

VERIFIED
Business, Bankruptcy & Debt, Bankruptcy, Commercial Bankruptcy, Lawsuit & Dispute

Mr. Eisner received his B.A. degree in American Studies from the University of North Carolina, his MPA from the University of North Carolina School of... (more)

J. Douglas McCullough

Bankruptcy, Litigation
Status:  In Good Standing           

William H. Kroll

Bankruptcy & Debt, Real Estate
Status:  In Good Standing           

Ashley Baxter

Bankruptcy, Environmental Law, Family Law, Litigation
Status:  In Good Standing           

W. Lee Allen

Bankruptcy, Divorce, Family Law
Status:  In Good Standing           

Edwin M. Hardy

Bankruptcy & Debt, Family Law, Criminal, Credit & Debt, Child Custody
Status:  In Good Standing           

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Sarah Beth Withers

Bankruptcy & Debt
Status:  In Good Standing           Licensed:  11 Years

J. Allen Murphy

Accident & Injury, Bankruptcy, Bankruptcy & Debt, Medical Malpractice
Status:  In Good Standing           Licensed:  39 Years

FREE CONSULTATION 

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Trawick H. Stubbs

Litigation, Criminal, Bankruptcy, Personal Injury
Status:  In Good Standing           Licensed:  57 Years

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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 Bath Bankruptcy & Debt Lawyers and Bath 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

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

DISCHARGE (OF DEBTS)

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

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)
Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)
A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)
A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.