Elizabethtown Bankruptcy & 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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Roger R. Compton

✓ VERIFIED

Bankruptcy & Debt, Family Law, Divorce, Traffic

At the North Carolina law firm of Roger R. Compton, Attorney At Law, our attorneys provide experienced and dedicated representation. From initial cons... (more)

FREE CONSULTATION

CONTACT

800-987-9231

5311 Raeford Road, Fayetteville, NC 28304

Clayton Williams Cheek

✓ VERIFIED

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

Clayton Cheek received his B. S. degree in English from Wake Forest University, his MBA from Wake Forest University and his J. D. from Wake Forest Uni... (more)

CONTACT

252-633-1930

1213 Culbreth Rd, Wilmington, NC 28405

R. Gregg Edwards

Adoption, Bankruptcy, DUI-DWI, Credit & Debt

Status: In Good Standing

CONTACT

1003 Hay Street, Fayetteville, NC 28305

Algernon L. Butler

Power of Attorney, Employment, Child Custody, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

111 N 5Th Ave, Wilmington, NC 28402

Joseph C. Hearne

Estate Planning, Corporate, Business Organization, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

265 Racine Drive, Wilmington, NC 28403

Lloyd Clifford Brisson

Traffic, Insurance, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 46 Years

CONTACT

Fayetteville, NC 28302

Christopher T. Salyer

Foreclosure, Child Custody, Merger & Acquisition, Collection

Status: In Good Standing

CONTACT

Fayetteville, NC 28302

John Cowles Tally

Business Organization, Collection, Commercial Leasing, Commercial Real Estate

Status: Deceased Licensed: 50 Years

CONTACT

Fayetteville, NC 28302

Terry Hutchens

Business, Accident & Injury, Workers' Compensation, Bankruptcy & Debt

FREE CONSULTATION

CONTACT

4317 Ramsey Street, Fayetteville, NC 28311

James A. Mclean

Workers' Compensation, Civil & Human Rights, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

400 Westwood Shopping Center, Fayetteville, NC 28314

800-923-0641

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LEGAL TERMS

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

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.

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.

FCRA

See Fair Credit Reporting Act.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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Elizabethtown Bankruptcy & Debt Lawyer, North Carolina

Sponsored Law Firm

Oliver & Cheek, PLLC

SPONSORED LAWYERS

Roger R. Compton

Clayton Williams Cheek

R. Gregg Edwards

Algernon L. Butler

Joseph C. Hearne

Lloyd Clifford Brisson

Christopher T. Salyer

John Cowles Tally

Terry Hutchens

James A. Mclean

TIPS

LEGAL TERMS

SETOFF

PRIORITY DEBT

REDEMPTION

FAIR LABOR STANDARDS ACT (FLSA)

FCRA

FAIR CREDIT BILLING ACT (FCBA)

NUISANCE FEES

S CORPORATION

SECURED DEBT

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