Midway City Bankruptcy & Debt Lawyer, California

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Brian Joseph Kucsan

Banking & Finance, Foreclosure, Lending, Workout
Status:  In Good Standing           

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Paul Cong Nguyen

Bankruptcy & Debt, Estate, Intellectual Property, Business
Status:  In Good Standing           Licensed:  25 Years

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Shawn Matthew Olson

Bankruptcy & Debt, Wills & Probate, Real Estate, Accident & Injury
Status:  In Good Standing           Licensed:  18 Years

FREE CONSULTATION 

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Thomas A. Moore

Bankruptcy & Debt, Banking & Finance, Divorce & Family Law, Lawsuit & Dispute
Status:  In Good Standing           

FREE CONSULTATION 

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John Greifendorff

Bankruptcy & Debt
Status:  In Good Standing           

FREE CONSULTATION 

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Megan Haleh Lencek

Accident & Injury, Bankruptcy & Debt, Divorce & Family Law, Landlord-Tenant
Status:  In Good Standing           Licensed:  12 Years

FREE CONSULTATION 

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Robert Parkinson Taylor

Bankruptcy & Debt, Bankruptcy, Trusts, Consumer Bankruptcy, Wills & Probate
Status:  In Good Standing           Licensed:  29 Years

FREE CONSULTATION 

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Roger J. Plasse

Employment, Contract, Business Organization, Bankruptcy
Status:  In Good Standing           Licensed:  20 Years

Kyle Norman Gurwell

Commercial Real Estate, Litigation, Contract, Credit & Debt
Status:  In Good Standing           Licensed:  12 Years

Desiree V Causey

Divorce, Child Custody, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  23 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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Lawyer.com can help you easily and quickly find Midway City Bankruptcy & Debt Lawyers and Midway City Bankruptcy & Debt Law Firms. Refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)
A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)
A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)
The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

CREDITOR

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

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.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)
A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)
The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.