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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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Joseph Gibbons

Insurance, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

1650 Market Street, Philadelphia, PA 19103

Joan C. Rosoff

Foreclosure, Business Organization, Lending, Credit & Debt

Status: In Good Standing

CONTACT

1650 Market Street, Philadelphia, PA 19103

Michael S. Schwartz

Bankruptcy, Foreclosure, Credit & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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707 Lakeside Office Park, Street and Stump Roads, Feasterville Trevose, PA 19053

Allan K. Marshall

Landlord-Tenant, Contract, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

1819 JFK Blvd, Philadelphia, PA 19103

Mark Mailman

Consumer Protection, Consumer Rights, Credit & Debt, Collection

Status: In Good Standing

CONTACT

100 South Broad Street, Philadelphia, PA 19110

Dawn L. Vahey

Real Estate, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

1600 Market St, Philadelphia, PA 19103

David E. Edwards

Corporate, Business Organization, Antitrust, Credit & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

1800 One Liberty Pl, Philadelphia, PA 19103

Thomas M. Pinney

Industry Specialties, Commercial Banks, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

1650 Market Street, Philadelphia, PA 19103

Kim Kocher

Land Use & Zoning, Litigation, Insurance, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

2001 Market St, Philadelphia, PA 19103

Anthony Elia Tabasso

General Practice

Status: In Good Standing Licensed: 24 Years

CONTACT

2534 S 22Nd St, Philadelphia, PA 19145

800-923-0641

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LEGAL TERMS

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

SAMPLE LEGAL CASES

Biese v. Biese

... 10 In Issue A(2), Husband asserts that all of the parties' credit card debt should not have been apportioned to him. According to Husband, if the Master's goal was a 50/50 split of the marital estate, he should have assigned half of the $10,584.00 credit card debt to Wife. ...

DEBT SETTLEMENT USA, INC. v. Kaplan

... Act 117 also defines "debt settlement services" as: [a]n action or negotiation made on behalf of a consumer with that consumer's creditors for the purpose of the creditor forgiving part or all of the principal of the debt incurred or credit extended to that consumer. ...

Commonwealth Financial Systems, Inc. v. Smith

... ("CFS") appeals from the judgment entered in favor of Ms. Larry Smith ("Ms. Smith") in this action to collect a credit card debt. [1] We affirm. ... By March 2002, Ms. Smith was approximately $2,000 in debt on her credit card account. CFS buys and collects debts. ...

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Philadelphia Credit & Debt Lawyer, Pennsylvania

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Joseph Gibbons

Joan C. Rosoff

Michael S. Schwartz

Allan K. Marshall

Mark Mailman

Dawn L. Vahey

David E. Edwards

Thomas M. Pinney

Kim Kocher

Anthony Elia Tabasso

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LEGAL TERMS

CREDIT COUNSELING

BULK SALES LAW

HOUSEHOLDER

CURRENT MONTHLY INCOME

AUTOMATIC STAY

ACCORD AND SATISFACTION

SUBROGATION

FAIR CREDIT BILLING ACT (FCBA)

CHAPTER 7 BANKRUPTCY

SAMPLE LEGAL CASES

Biese v. Biese

DEBT SETTLEMENT USA, INC. v. Kaplan

Commonwealth Financial Systems, Inc. v. Smith

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