Hale County, TX Bankruptcy Lawyers
Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution
SPONSORED LAWYERS
1-2 of 2 matches. Page 1 of 1
Don E. Snodgrass
Employee Rights, Insurance, Consumer Bankruptcy, Personal Injury
Status: In Good Standing Licensed: 47 Years
600 Ash St, Plainview, TX 79072
Profile LAWPOINTS™29/100
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Katherine Harrison Goebel
Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy
Status: In Good Standing Licensed: 39 Years
305 W 7Th St, Plainview, TX 79072
Profile LAWPOINTS™19/100
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LEGAL TERMS
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.
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.
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.
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.
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.
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.
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.
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.
CREDIT INSURANCE
Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)
Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.
SAMPLE LEGAL CASES
Ferguson v. BUILDING MATERIALS
... Clair Newbern, Fort Worth, TX, for Amicus Curiae. PER CURIAM. At issue in this appeal is
whether the plaintiffs in a personal injury suit should be estopped from pursuing their claim
because they initially omitted it as a listed asset in a pending bankruptcy. ...
Graber v. Fuqua
... 2240, 135 L.Ed.2d 700 (1996)). IV. Federal Law Occupies the Field of Bankruptcy and Preempts
State Law. ... Id. C. The Required Uniformity of Bankruptcy Laws Mitigates Against Development of
State Common Law Claims for Misconduct in Bankruptcy Proceedings. ...
Unifund CCR Partners v. Villa
... Villa later filed for bankruptcy, and his debts were discharged. In his bankruptcy filing,
Villa listed Bank One, not Unifund, as creditor on the credit card debt. After Villa's
bankruptcy, Unifund sued Villa on the debt. Villa answered ...
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