Center Moriches Bankruptcy & Debt Lawyer, New York

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Patricia Alice Scully Riegger

International, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  32 Years

Stanley Weiner

International, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  51 Years

Mel Jacoby

Accident & Injury, Bankruptcy & Debt, Criminal, Divorce & Family Law
Status:  In Good Standing           

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John Edward Messinetti

Traffic, Estate Planning, Elder Law, Bankruptcy
Status:  In Good Standing           Licensed:  56 Years

John Edward Messinetti

Traffic, Estate Planning, Elder Law, Bankruptcy
Status:  In Good Standing           Licensed:  56 Years

Marc Andrew Kramer

Employment Discrimination, Family Law, Corporate, Collection
Status:  In Good Standing           Licensed:  23 Years

Glenn Louis Kantor

Estate, Bankruptcy
Status:  In Good Standing           Licensed:  41 Years

Suzanne Martin Mensch

Real Estate, Estate, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  26 Years

Chinwe Angela Nwadiogbu

Immigration, Medical Malpractice, Divorce & Family Law, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  25 Years

Robert J. Rosenberg

Bankruptcy & Debt
Status:  In Good Standing           Licensed:  54 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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Lawyer.com can help you easily and quickly find Center Moriches Bankruptcy & Debt Lawyers and Center Moriches 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

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)
In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)
Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)
A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)
A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

COLLATERAL

Property that guarantees payment of a secured debt.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.