North Bridgton Bankruptcy & Debt Lawyer, Maine

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E. Chris L'Hommedieu
About | Practice Areas
L'Hommedieu Law Office, P.A.
190 Bates Street Lewiston, ME 04240» view map
Bankruptcy & Debt
More Than Just A Law Firm

L'Hommedieu Law Office, P.A. has been providing the best in legal representation in Bankruptcy, Personal Injury, Disability and Family law since 1997.

800-941-5060
1. E. Chris L'Hommedieu Lewiston, ME
  Attorney at Law - ME, 1996
  University of Maine J.D. 1995
2. AboutL'Hommedieu Law Office, P.A.
  More Than Just A Law Firm
3. Practice AreasExpertise
  Bankruptcy & Debt
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E. Christopher L'Hommedieu

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Accident & Injury, Bankruptcy & Debt

Providing the best in legal representation in Bankruptcy, Personal Injury, Disability, and Family law since 1997.

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800-941-5060

190 Bates Street, Lewiston, ME 04240

Edward L. Dilworth

Litigation, Family Law, Collection, Personal Injury, Real Estate

Status: In Good Standing

CONTACT

266 Main Street, Norway, ME 04268

Peter G. Hastings

Municipal, Estate Planning, Non-profit, Commercial Bankruptcy

Status: Deceased Licensed: 64 Years

CONTACT

376 Main Street, Fryeburg, ME 04037

Richard J. O'Brien

Wills, Trusts, Reorganization, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

Auburn, ME 04212

David R. Dubord

Litigation, Wills & Probate, Collection, Collection, Bankruptcy Litigation

Status: In Good Standing Licensed: 44 Years

CONTACT

86 Lisbon Street, Lewiston, ME 04243

John W. Geismar

Tax, Health Care Other, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

217 Main Street, Lewiston, ME 04243

Donald S. Hornblower

International Other, Divorce, DUI-DWI, Bankruptcy, Federal Appellate Practice

Status: In Good Standing

CONTACT

95 Park Street, Lewiston, ME 04243

David L Brandt

Family Law, Divorce & Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

903 Roosevelt Trl, Windham, ME 04062

Shawn K. Bell

Wills, Civil & Human Rights, Business & Trade, Reorganization

Status: In Good Standing Licensed: 33 Years

CONTACT

810 Lisbon Street, Lewiston, ME 04241

Neil S. Shankman

Landlord-Tenant, Litigation, Lawsuit & Dispute, Commercial Bankruptcy, Accident & Injury

Status: In Good Standing

CONTACT

472 Main Street, Lewiston, ME 04240

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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North Bridgton Bankruptcy & Debt Lawyer, Maine

Sponsored Law Firm

L'Hommedieu Law Office, P.A.

SPONSORED LAWYERS

E. Christopher L'Hommedieu

Edward L. Dilworth

Peter G. Hastings

Richard J. O'Brien

David R. Dubord

John W. Geismar

Donald S. Hornblower

David L Brandt

Shawn K. Bell

Neil S. Shankman

TIPS

LEGAL TERMS

COLLATERAL

S CORPORATION

GUARANTEED RESERVATION

CREDIT BUREAU

CHAPTER 13 PLAN

FRAUDULENT TRANSFER

MEETING OF CREDITORS

INFRINGEMENT (OF TRADEMARK)

INTEREST

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