Wolcott Bankruptcy & Debt Lawyer, New York, page 2

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Robert B. Ribarovski

DUI-DWI, Workout, Credit & Debt, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  25 Years

Peter John Glennon

Litigation, Aviation, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  19 Years

Laura Harris Courage

Bankruptcy & Debt, Consumer Bankruptcy
Status:  In Good Standing           

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Donald Roger Swete

Traffic, Estate, Bankruptcy & Debt, Accident & Injury, Slip & Fall Accident
Status:  In Good Standing           Licensed:  39 Years

John Anthony Polimeni

Natural Resources, Contract, Bankruptcy, Medical Malpractice
Status:  In Good Standing           Licensed:  38 Years

Robert K. Greenough

Divorce & Family Law, Motor Vehicle, Bankruptcy & Debt, DUI-DWI, Accident & Injury
Status:  In Good Standing           Licensed:  42 Years

Josephine Tze Dou Yang-Patyi

Litigation, Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Steven Edward Laprade

Civil Rights, Credit & Debt
Status:  In Good Standing           Licensed:  27 Years

Peter Scribner

Real Estate, Estate, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  38 Years

Jennifer Montante

Accident & Injury, Bankruptcy, Estate, Social Security
Status:  In Good Standing           

FREE CONSULTATION 

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Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

CREDIT FILE

See credit report.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)
Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

COLLATERAL

Property that guarantees payment of a secured debt.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)
A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)
A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

FDCPA

See Fair Debt Collections & Practices Act.