Walthall Bankruptcy Lawyer, Mississippi
Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution
SPONSORED LAWYERS
1-1 of 1 matches. Page 1 of 1
850 Lakeview Dr, Grenada, MS 38901
Profile LAWPOINTS™36/100
LAWPOINTS™ measure the overall completeness of a Lawyer's profile. More complete profiles are ranked higher and help visitors select the right lawyer faster.
We help paid Members build more complete and informative profiles.
LAWPOINTS™ do not measure a Lawyer's reputation.
More Info for Lawyers
We help paid Members build more complete and informative profiles.
LAWPOINTS™ do not measure a Lawyer's reputation.
More Info for Lawyers
TIPS
Easily find Walthall Bankruptcy Lawyers and Walthall Bankruptcy Law Firms. For more attorneys, search all Bankruptcy & Debt areas including Collection, Credit & Debt, Reorganization and Workout attorneys.
LEGAL TERMS
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.
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.
COSIGNER
A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)
A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.
TRADE NAME
The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.
UNDUE HARDSHIP
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)
The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.
FRAUDULENT TRANSFER
In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)
In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.
IRS EXPENSES
A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)
A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.
BANKRUPTCY TRUSTEE
A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)
A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.
DISCHARGE (OF DEBTS)
A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.
SAMPLE LEGAL CASES
EMC Mortg. Corp. v. Carmichael
... DICKINSON, Justice, for the Court. ¶ 1. Bettye C. Carmichael's fraud claim against her
mortgagor was dismissed in the mortgagor's bankruptcy, and the mortgagor's assets
(including the plaintiff's mortgage) were sold to a successor in interest. ...
Copiah County v. Oliver
... 206 ¶ 2. Nancy Oliver filed for Chapter 7 bankruptcy, which she later converted to
Chapter 13. After the bankruptcy court had confirmed her Chapter 13 payment plan,
Oliver filed this personal-injury suit against Copiah County. ...
Ruff v. Estate of Ruff
... Ruff defaulted on payments under the original loan agreement, a subsequent bankruptcy consent
order, and a later consent order entered in the chancery court. ... 4. On February 4, 2004, one day
before the scheduled foreclosure on the farm, Ruff filed for bankruptcy. ...
FILTER BY:
- Free Consultation
- Male
- Female
- Suspended
PRACTICE AREAS 30
- Accident & Injury
- Bankruptcy & Debt
- Bankruptcy
- -Bankruptcy Litigation
- -Commercial Bankruptcy
- -Consumer Bankruptcy
- -Dissolution
- -Collection
- -Credit & Debt
- -Reorganization
- -Workout
- Business
- Civil & Human Rights
- Consumer Rights
- Criminal
- Divorce & Family Law
- Employment
- Environmental Law
- Estate
- Government
- Health Care
- Immigration
- Industry Specialties
- Intellectual Property
- International
- Lawsuit & Dispute
- Mass Torts
- Motor Vehicle
- Real Estate
- Tax
- Other