Coats Credit & Debt Lawyer, North Carolina

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George Oliver
About | Practice Areas
Oliver & Cheek, PLLC
405 Middle Street New Bern, NC 28560» view map
Bankruptcy & Debt Law
Your Business Partner

Oliver & Cheek, PLLC is a full service business firm providing a wide range of legal services to clients in North Carolina.

252-633-1930
1. George Oliver New Bern, NC
  Attorney at Law- NJ, 1999
  University of North Carolina School of Law, J.D. 1999
2. AboutOliver & Cheek, PLLC
  Your Business Partner
3. Practice AreasExpertise
  Bankruptcy & Debt Law
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2. Email
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C. Miller Sigmon

Bankruptcy, Corporate, Collection, Credit & Debt

Status: In Good Standing

CONTACT

Raleigh, NC 27619

R. Gregg Edwards

Adoption, Bankruptcy, DUI-DWI, Credit & Debt

Status: In Good Standing

CONTACT

1003 Hay Street, Fayetteville, NC 28305

Scott N. Johnson

Estate Planning, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

Smithfield, NC 27577

Dennis Jay Sargent Jr

Bankruptcy, Credit & Debt, Collection, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

CONTACT

2500 Regency Parkway, Cary, NC 27518

H. Terry Hutchens

Commercial Real Estate, Civil Rights, Business, Credit & Debt

Status: In Good Standing

CONTACT

4317 Ramsey Street, Fayetteville, NC 28311

Margaret C. Lumsden

Complex Litigation, Civil Rights, Credit & Debt, Bankruptcy Litigation

Status: In Good Standing Licensed: 36 Years

CONTACT

Raleigh, NC 27602

Everett E Dodd

Credit & Debt, Collection

Status: In Good Standing

CONTACT

Raleigh, NC 27619

James L. Stuart

Commercial Real Estate, Business, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

1033 Wade Ave., Raleigh, NC 27605

Rachel Lea Hunter

Estate, Consumer Protection, Credit & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

901 Madison Avenue, Cary, NC 27513

Gregory B. Crampton

Litigation, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 52 Years

CONTACT

3317 Alleghany Drive, Raleigh, NC 27609

800-923-0641

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LEGAL TERMS

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.

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.

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

CREDITOR

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

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

SAMPLE LEGAL CASES

Stovall v. Stovall

... III. Credit for Debt. ... Both plaintiff and defendant assign error to the trial court's findings and conclusions which gave defendant a "credit" for debt payments of $160,000.00 toward the New Madison debts after the date of separation. ...

Commercial Credit Group, Inc. v. Barber

... Acting on behalf of Creditor, Commercial Credit Group's Senior Vice President, Mr. Mattocks, offered an opening bid of $100,000. ... After the auction, Creditor deducted the $100,000 net sale proceeds from Debtor's outstanding debt and found that Debtor's total outstanding ...

Citibank (South Dakota), NA v. Bowen

... WS Bowen, defendant-appellant, pro se. HUNTER, Judge. Citibank, South Dakota, NA ("plaintiff") filed an action in the District Court of Harnett County on 13 March 2007 to recover an outstanding credit card debt from WS Bowen ("defendant") in the amount of $18,716.17. ...

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Coats Credit & Debt Lawyer, North Carolina

Sponsored Law Firm

Oliver & Cheek, PLLC

SPONSORED LAWYERS

C. Miller Sigmon

R. Gregg Edwards

Scott N. Johnson

Dennis Jay Sargent Jr

H. Terry Hutchens

Margaret C. Lumsden

Everett E Dodd

James L. Stuart

Rachel Lea Hunter

Gregory B. Crampton

TIPS

LEGAL TERMS

NONDISCHARGEABLE DEBTS

TRADE DRESS

WORKOUT

GRACE PERIOD

UNSECURED DEBT

LIQUIDATING PARTNER

CREDITOR

LIMITED PARTNERSHIP

NONEXEMPT PROPERTY

SAMPLE LEGAL CASES

Stovall v. Stovall

Commercial Credit Group, Inc. v. Barber

Citibank (South Dakota), NA v. Bowen

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