Kings County, NY Bankruptcy & Debt Lawyers

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Jose A. Camacho Lawyer

Jose A. Camacho

VERIFIED
Criminal, Divorce & Family Law, Civil & Human Rights, Real Estate, Bankruptcy & Debt
Also Admitted to the United States District Court -New York Southern District

The Law Firm of Camacho & Associates, P.C. is a General Law Practice with over 25 years concentrating on State and Federal Criminal Defense in the tre... (more)

FREE CONSULTATION 

CONTACT

917-405-4545

Gregory M. Messer Lawyer

Gregory M. Messer

VERIFIED
Bankruptcy & Debt, Bankruptcy, Credit & Debt

Providing debt relief for individual and business clients in the New York City area for more than three decades Gregory Messer, a principal in The ... (more)

FREE CONSULTATION 

CONTACT

800-887-8940

Asher Brian White Lawyer

Asher Brian White

VERIFIED
Divorce & Family Law, Criminal, Bankruptcy & Debt

Asher White is a practicing lawyer in the state of New York.

FREE CONSULTATION 

CONTACT

800-886-0360

Kent  Gross Lawyer

Kent Gross

VERIFIED
Bankruptcy & Debt, Real Estate, Divorce & Family Law, Employment, Estate

Kent Gross is a practicing lawyer in the state of New York. Mr. Gross received his J.D. from the University of California Los Angeles School of Law.

FREE CONSULTATION 

CONTACT

646-506-8662

Noah Leveson

Consumer Bankruptcy, Elder Law, Real Estate
Status:  In Good Standing           

David Ian Pankin

Workout, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy
Status:  In Good Standing           

Andrew Borsen

Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Peter Goldberger

Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

William Z. Schneider

Bankruptcy, Class Action, Consumer Protection
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Brian Keith Payne

Divorce & Family Law, Bankruptcy & Debt, Criminal, Real Estate
Status:  In Good Standing           Licensed:  38 Years

FREE CONSULTATION 

CONTACT

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LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)
A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

LIQUIDATING PARTNER

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

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)
Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)
A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)
An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.