Bradley Bankruptcy & Debt Lawyer, Oklahoma, page 4

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Roland V. Combs III
About | Practice Areas
Roland V. Combs III & Associates PLC
4401 NW 4th St Suite 121 Oklahoma City, OK 73107» view map
Bankruptcy & Debt
Over 35 Years Of Experience

The Law Firm of Roland V. Combs III & Associates PLC knows how to ward off relentless debt collectors and get you back on track to a stable financial future.

800-827-4970
1. Roland Combs Oklahoma City, OK
  Attorney at Law - OK, 1985
  University of Oklahoma J.D. 1984
2. AboutRoland V. Combs III & Associates PLC
  Hundreds Counseled & Represented.
3. Practice AreasExpertise
  Bankruptcy & Debt
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George Russell Gilmore

Oil & Gas, Bankruptcy & Debt, Contract, Bankruptcy

Status: In Good Standing

CONTACT

6410 Alameda St, Norman, OK 73026

Robert Gregory Andrews

Insurance, Bankruptcy, Workers' Compensation, Adoption, Oil & Gas

Status: In Good Standing

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2516 Tee Drive, Norman, OK 73069

Lionnel Thaddeus Nalagan

Adoption, Banking & Finance, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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3750 W Main St, Norman, OK 73072

Steven Carroll Kendall

Insurance, Bankruptcy, Elder Law, Adoption

Status: In Good Standing

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123 S Pecan St, Pauls Valley, OK 73075

Daniel Thomas Sprouse

Elder Law, Foreclosure, Adoption, Bankruptcy & Debt

Status: In Good Standing

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Pauls Valley, OK 73075

Walter Dean Hart

Oil & Gas, Adoption, Federal Appellate Practice, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Pauls Valley, OK 73075

John Roy Sprowls

Elder Law, Workers' Compensation, Social Security, Bankruptcy

Status: In Good Standing

CONTACT

Pauls Valley, OK 73075

Joshua Thomas Copeland

Litigation, Elder Law, Bankruptcy & Debt, Personal Injury

Status: In Good Standing

CONTACT

1839 Atchison Drive, Norman, OK 73069

James Steven Estes

Accident & Injury, Bankruptcy & Debt, Criminal, Divorce & Family Law

Status: In Good Standing

CONTACT

2207 Lindenwood, Norman, OK 73071

Cody Wayne Carr

Employment Discrimination, Social Security, Adoption, Bankruptcy & Debt, Divorce

Status: In Good Standing

CONTACT

130 W Main St, Anadarko, OK 73005

800-923-0641

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LEGAL TERMS

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

CREDITOR

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

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.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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Bradley Bankruptcy & Debt Lawyer, Oklahoma, page 4

Sponsored Law Firm

Roland V. Combs III & Associates PLC

SPONSORED LAWYERS

George Russell Gilmore

Robert Gregory Andrews

Lionnel Thaddeus Nalagan

Steven Carroll Kendall

Daniel Thomas Sprouse

Walter Dean Hart

John Roy Sprowls

Joshua Thomas Copeland

James Steven Estes

Cody Wayne Carr

TIPS

LEGAL TERMS

PREFERENCE

CREDITOR

FAIR LABOR STANDARDS ACT (FLSA)

SOLE PROPRIETORSHIP

C CORPORATION

CURRENT MONTHLY INCOME

LIMITED PARTNERSHIP

TRUTH IN LENDING ACT (TILA)

NONDISCHARGEABLE DEBTS

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