Shelby County, IN Bankruptcy & Debt Lawyers

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Mike  Stephenson Lawyer
Mike Stephenson
is a Top Attorney Award winner at Attorney.com. Only 5% have the elite qualifications. Click the badge for more info.

Mike Stephenson

Mike Stephenson is a Top Attorney Award winner at Attorney.com. Only 5% have the elite qualifications. Click the badge for more info.
Accident & Injury, Wrongful Death, Products Liability, Car Accident

Mike Stephenson has 40 years of experience and is a trusted advisor to many individuals and companies. His current practice is dominated by civil liti... (more)

Mark Wright McNeely

Accident & Injury, Bankruptcy, Elder Law, DUI-DWI
Status:  In Good Standing           

Cameron Alan Morgan

Estate, Employment, Business
Status:  In Good Standing           Licensed:  29 Years

Warren Robert Good

Divorce & Family Law, Criminal, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  43 Years

James Richard Lisher

Traffic, Divorce & Family Law, Criminal, Bankruptcy, Personal Injury
Status:  Retired           

Scott Aaron Milkey

Lawsuit & Dispute, Civil & Human Rights, Business, Personal Injury
Status:  In Good Standing           Licensed:  10 Years

Stephanie Michele Kramer

Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  33 Years

Nicholas Richardson Dismukes

Industry Specialties, Child Custody, Personal Injury
Status:  In Good Standing           Licensed:  11 Years

Robert John Arnold

Power of Attorney, Divorce, DUI-DWI, Bankruptcy
Status:  Deceased           

Eric Matthew Glasco

Immigration, Employment, Child Custody, Criminal
Status:  In Good Standing           Licensed:  11 Years

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TIPS

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LEGAL TERMS

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.

CCCS

See Consumer Credit Counseling Service.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)
A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

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.

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.

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.