Center Lovell Bankruptcy & Debt Lawyer, Maine, page 2

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E. Chris L'Hommedieu
About | Practice Areas
L'Hommedieu Law Office, P.A.
190 Bates Street Lewiston, ME 04240» view map
Bankruptcy & Debt
More Than Just A Law Firm

L'Hommedieu Law Office, P.A. has been providing the best in legal representation in Bankruptcy, Personal Injury, Disability and Family law since 1997.

800-941-5060
1. E. Chris L'Hommedieu Lewiston, ME
  Attorney at Law - ME, 1996
  University of Maine J.D. 1995
2. AboutL'Hommedieu Law Office, P.A.
  More Than Just A Law Firm
3. Practice AreasExpertise
  Bankruptcy & Debt
1. Contact
2. Email
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Irving Isaacson

Commercial Bankruptcy

Status: Deceased Licensed: 85 Years

CONTACT

Lewiston, ME 04243

Kimberly A. Watson

Bankruptcy, Products Liability, Business, Disability

Status: In Good Standing

CONTACT

One Tyler Drive, Buxton, ME 04093

Adam J Bean

Estate Planning, Business, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

850 Main St., Westbrook, ME 04092

Benjamin P. Campo

Business & Trade, Credit & Debt, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

90 Bridge St, Westbrook, ME 04092

Fred W. Bopp

Lawsuit & Dispute, Real Estate, Collection, Complex Litigation, Landlord-Tenant

Status: In Good Standing

CONTACT

298 Main Street Yarmouth, Yarmouth, ME 04096

Edward S. Daigle

Bankruptcy, DUI-DWI, Divorce, Family Law

Status: Suspended

CONTACT

74 Joy Valley Road, Buxton, ME 04093

Diane Welling Cipollone

Real Estate, Consumer Rights, Consumer Bankruptcy, Commercial Real Estate

Status: In Good Standing

CONTACT

46 Fairwind Lane, Yarmouth, ME 04096

Eric F. Saunders

Health Care, Business, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

59 Tide Mill Rd, Portland, ME 04102

Zachary I. Greenfield

Commercial Real Estate, Business, Workout, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

8 Fundy Road, Falmouth, ME 04105

David S. Sherman

Real Estate, Litigation, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

84 Marginal Way, Portland, ME 04101

800-923-0641

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LEGAL TERMS

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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).

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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Center Lovell Bankruptcy & Debt Lawyer, Maine, page 2

Sponsored Law Firm

L'Hommedieu Law Office, P.A.

SPONSORED LAWYERS

Irving Isaacson

Kimberly A. Watson

Adam J Bean

Benjamin P. Campo

Fred W. Bopp

Edward S. Daigle

Diane Welling Cipollone

Eric F. Saunders

Zachary I. Greenfield

David S. Sherman

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

FRAUDULENT TRANSFER

SUBROGATION

FAIR CREDIT REPORTING ACT (FCRA)

PRIORITY DEBT

COLLECTION AGENCY

CREDIT REPORT

TRADE DRESS

LOSS DAMAGE WAIVER (LDW)

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