Universal City Bankruptcy & Debt Lawyer, California

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Leon Bayer
About | Practice Areas
Bayer Wishman & Leotta
1055 Wilshire Blvd Suite 1900 Los Angeles, CA 90017» view map
Bankruptcy & Debt
Experience, Affordability, & Expertise

The Los Angeles bankruptcy lawyers of Bayer Wishman & Leotta have successfully represented clients in the Los Angeles area for over 37 years. Bankruptcy is all we handle.

800-942-4591
1. Leon Bayer Los Angeles, CA
  Attorney at Law - CA, 1979
  San Fernando Valley College of Law
2. AboutBayer Wishman & Leotta
  88 Years of Combined Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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Gregory Grigoryants

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Bankruptcy & Debt, Tax

We provide quality and affordable legal services!

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424-248-7237

9350 Wilshire Blvd, Beverly Hills, CA 90212

Henrik M. Mosesi

Bankruptcy, Criminal, Estate Planning, Family Law

Status: In Good Standing

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360 East Olive Avenue, Burbank, CA 91502

Mitchell A. Karasov

Estate Planning, Domestic Violence & Neglect, Elder Law, Bankruptcy

Status: In Good Standing

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5352 Laurel Canyon Boulevard, Valley Village, CA 91607

Thomas R. Mulally

Collection, Credit & Debt, Family Law

Status: In Good Standing

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14156 Magnolia Boulevard, Sherman Oaks, CA 91423

James T. King

Bankruptcy, Foreclosure

Status: In Good Standing

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315 West Arden Avenue, Glendale, CA 91203

Tiffany Nicole Travillion

Bankruptcy & Debt, Real Estate, Litigation, Divorce & Family Law

Status: In Good Standing Licensed: 14 Years

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4100 W Alameda Ave, Burbank, CA 91505

Ethan Ohad Michael

Construction, Litigation, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 22 Years

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10999 Riverside Dr, North Hollywood, CA 91602

Ted Allan Greene

Accident & Injury, Bankruptcy & Debt, Foreclosure, Lawsuit & Dispute

Status: In Good Standing Licensed: 22 Years

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468 North Camden Dr., Beverly Hills, CA 90210

Mark Markus

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt, Personal Injury

Status: In Good Standing

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11684 Ventura Blvd, North Hollywood, CA 91604

Mark Joseph Markus

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt, Personal Injury

Status: In Good Standing

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11684 Ventura Blvd, North Hollywood, CA 91604

800-923-0641

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LEGAL TERMS

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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Universal City Bankruptcy & Debt Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Gregory Grigoryants

Henrik M. Mosesi

Mitchell A. Karasov

Thomas R. Mulally

James T. King

Tiffany Nicole Travillion

Ethan Ohad Michael

Ted Allan Greene

Mark Markus

Mark Joseph Markus

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LEGAL TERMS

BANKRUPTCY

DEBIT CARD

TRADE DRESS

NONPROFIT CORPORATION

DISCHARGEABLE DEBTS

BULK SALES LAW

PREFERENCE

GUARANTOR

TRADE NAME

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