Hopatcong Bankruptcy & Debt Lawyer, New Jersey

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Ida  Ivowi Lawyer

Ida Ivowi

Intellectual Property, Immigration, Divorce & Family Law, Estate, Bankruptcy & Debt

Ida Ivowi is a practicing lawyer in the state of New Jersey handling Intellectual Property matters.

John Michael Breslin Lawyer

John Michael Breslin

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General Practice

Experienced Attorney At Law with a demonstrated history of working in the law practice industry. Skilled in Legal Writing, Trials, Litigation, Landlor... (more)

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973-983-7020

David Lyon Jubanowsky

Directors & Officers, Business Successions, Business Organization, Dissolution
Status:  In Good Standing           

M. Richard Valenti

Corporate, Business Organization, Banking & Finance, Collection
Status:  In Good Standing           

James M. Cerra

Farms, Alimony & Spousal Support, Adoption, Collection
Status:  In Good Standing           

Douglas C. Gray

Litigation, Workers' Compensation, Collection, Personal Injury
Status:  In Good Standing           

Andrea Silverman

Banking & Finance, Bankruptcy, Corporate, Consumer Bankruptcy
Status:  In Good Standing           

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Karen Ruth Seiden

Education, Immigration, Business, Bankruptcy
Status:  In Good Standing           Licensed:  31 Years

Frederick C. Norton

Real Estate, Divorce & Family Law, Criminal, Collection, Accident & Injury
Status:  In Good Standing           Licensed:  52 Years

Dora Grossman

Motor Vehicle, Family Law, Criminal, Credit & Debt
Status:  In Good Standing           

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LEGAL TERMS

CREDITOR

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

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.

LIQUIDATING PARTNER

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

CCCS

See Consumer Credit Counseling Service.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)
A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

FDCPA

See Fair Debt Collections & Practices Act.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)
A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)
An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.