Philadelphia County, PA Collection Lawyers

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Chuck Douglas
About | Practice Areas
Wakhisi-Douglas LLC
1650 Market Street Suite 3600 Philadelphia, PA 19103» view map
Bankruptcy & Debt
We Fight Back and Win in Court

We’ve won hundreds of cases, and we’ve developed a reputation for resolving complex disputes favorably for our clients.

800-978-8941
1. Chuck Douglas Philadelphia, PA
  Attorney at Law- GA
  Georgia State University College of Law, J.D. 2009
2. AboutWakhisi-Douglas LLC
  We Fight Back and Win in Court
3. Practice AreasExpertise
  Bankruptcy & Debt
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Drew Salaman

Lawsuit & Dispute, Business, Collection, Property Damage, Contract

Status: In Good Standing

CONTACT

100 South Broad Street, Philadelphia, PA 19110

Mark Mailman

Consumer Protection, Consumer Rights, Credit & Debt, Collection

Status: In Good Standing

CONTACT

100 South Broad Street, Philadelphia, PA 19110

Brooke C. Madonna

Construction, Criminal, Corporate, Collection

Status: In Good Standing Licensed: 32 Years

CONTACT

1635 Market St, Philadelphia, PA 19103

Barry Krengel

Litigation, Collection, Personal Injury, Medical Malpractice

Status: In Good Standing

CONTACT

1635 Market Street, Philadelphia, PA 19103

David A. Searles

Commercial Real Estate, Commercial Banks, Credit & Debt, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

1600 Market St, Philadelphia, PA 19103

Robert P. Cocco

Commercial Real Estate, Commercial Banks, Credit & Debt, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

1500 Walnut St, Philadelphia, PA 19102

Susan J. Kupersmith

Real Estate, Litigation, Employment Discrimination, Collection

Status: In Good Standing Licensed: 36 Years

CONTACT

123 S Broad St, Philadelphia, PA 19109

Montgomery Leslie Wilson

Commercial Real Estate, Motor Vehicle, Commercial Banks, Collection

Status: In Good Standing Licensed: 23 Years

CONTACT

1410 W Erie Ave, Philadelphia, PA 19140

Lauren Kw Brennan

Class Action, Consumer Rights, Credit & Debt, Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

1600 Market Street, Philadelphia, PA 19103

800-923-0641

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LEGAL TERMS

CREDIT FILE

See credit report.

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

FCBA

See Fair Credit Billing Act.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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Philadelphia County, PA Collection Lawyers

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Drew Salaman

Mark Mailman

Brooke C. Madonna

Barry Krengel

David A. Searles

Robert P. Cocco

Susan J. Kupersmith

Montgomery Leslie Wilson

Lauren Kw Brennan

TIPS

LEGAL TERMS

CREDIT FILE

COLLECTION AGENCY

LIABILITY

S CORPORATION

CURRENT MONTHLY INCOME

PREFERENCE

WORKOUT

FCBA

FRATERNAL BENEFIT SOCIETY BENEFITS

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