Walters Bankruptcy & Debt Lawyer, Oklahoma

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Roland V. Combs III
About | Practice Areas
Roland V. Combs III & Associates PLC
4401 NW 4th St Suite 121 Oklahoma City, OK 73107» view map
Bankruptcy & Debt
Over 35 Years Of Experience

The Law Firm of Roland V. Combs III & Associates PLC knows how to ward off relentless debt collectors and get you back on track to a stable financial future.

800-827-4970
1. Roland Combs Oklahoma City, OK
  Attorney at Law - OK, 1985
  University of Oklahoma J.D. 1984
2. AboutRoland V. Combs III & Associates PLC
  Hundreds Counseled & Represented.
3. Practice AreasExpertise
  Bankruptcy & Debt
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Michael Charles Flanagan

Bankruptcy, Elder Law, Adoption, Oil & Gas

Status: In Good Standing

CONTACT

301 N Broadway Street, Walters, OK 73572

John Charles Cramer

Bankruptcy & Debt

Status: In Good Standing

CONTACT

1014 Sw B Ave, Lawton, OK 73501

Brad W. Burgess

Banking & Finance, Real Estate, Federal Trial Practice, Bankruptcy & Debt, Education

Status: In Good Standing

CONTACT

21 N.W. 44Th Street, Lawton, OK 73505

M. Monty Hightower

Banking & Finance, Bankruptcy, Litigation, Divorce & Family Law, Power of Attorney

Status: In Good Standing

CONTACT

21 N.W. 44Th Street, Lawton, OK 73505

Hyman Zane Copeland

Bankruptcy, Adoption, Lending, Bankruptcy & Debt, Medical Malpractice

Status: In Good Standing

CONTACT

525 Sw C Ave, Lawton, OK 73501

Bill W. Burgess

Banking & Finance, Litigation, Credit & Debt, Real Estate

Status: In Good Standing

CONTACT

21 N.W. 44Th Street, Lawton, OK 73505

Dan L Payton

Real Estate, Trusts, Bankruptcy, Business

Status: In Good Standing

CONTACT

602 SW D Ave, Lawton, OK 73501

Clay Rankin Hillis

Immigration, Misdemeanor, Bankruptcy & Debt, Criminal

Status: In Good Standing

CONTACT

602 Sw D Ave, Lawton, OK 73501

Edward William Dzialo

Insurance, Workers' Compensation, Social Security, Bankruptcy

Status: In Good Standing

CONTACT

802 C Ave., Lawton, OK 73501

Ralph W Newcombe

Federal Trial Practice, Insurance, Bankruptcy

Status: In Good Standing

CONTACT

513 SW C Ave., Lawton, OK 73501

800-923-0641

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LEGAL TERMS

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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Walters Bankruptcy & Debt Lawyer, Oklahoma

Sponsored Law Firm

Roland V. Combs III & Associates PLC

SPONSORED LAWYERS

Michael Charles Flanagan

John Charles Cramer

Brad W. Burgess

M. Monty Hightower

Hyman Zane Copeland

Bill W. Burgess

Dan L Payton

Clay Rankin Hillis

Edward William Dzialo

Ralph W Newcombe

TIPS

LEGAL TERMS

GRACE PERIOD

CREDIT BUREAU

LIMITED PARTNERSHIP

GUARANTEED RESERVATION

PRIORITY DEBT

NONDISCHARGEABLE DEBTS

C CORPORATION

GUARANTOR

SOLE PROPRIETORSHIP

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