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Paul Smiths Bankruptcy & Debt Lawyer, New York

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1-7 of 7 matches. Page 1 of 1  

Daniel Hildreth Steidl

General Practice
Status:  In Good Standing           Licensed:  63 Years
CONTACT
37 Booth Bay Ln, Rainbow Lake, NY 12976
Profile LAWPOINTS™19/100
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Mary Ellen Stumpf

Commercial Real Estate
Status:  Inactive           Licensed:  36 Years
CONTACT
Saranac Lake, NY 12983
Profile LAWPOINTS™29/100
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Malcolm A. Coutant

General Practice
Status:  In Good Standing           Licensed:  56 Years
CONTACT
Saranac Lake, NY 12983
Profile LAWPOINTS™19/100
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John Stuart Banta

General Practice
Status:  In Good Standing           Licensed:  30 Years
CONTACT
Saranac Lake, NY 12983
Profile LAWPOINTS™19/100
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Ginger J. Cantwell

General Practice
Status:  In Good Standing           Licensed:  22 Years
CONTACT
2233 State Route 86, Saranac Lake, NY 12983
Profile LAWPOINTS™19/100
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Robert Edward White

General Practice
Status:  In Good Standing           Licensed:  51 Years
CONTACT
129 Main St, Saranac Lake, NY 12983
Profile LAWPOINTS™19/100
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John Charles Alsina

Real Estate, Intellectual Property, Industry Specialties
Status:  In Good Standing           Licensed:  44 Years
CONTACT
222 Casiers Way, Saranac Lake, NY 12983
Profile LAWPOINTS™19/100
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Lawyer.com can help you easily and quickly find Paul Smiths Bankruptcy & Debt Lawyers and Paul Smiths 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

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)
The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

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.

FCBA

See Fair Credit Billing Act.

COLLATERAL

Property that guarantees payment of a secured debt.

CCCS

See Consumer Credit Counseling Service.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)
Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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