Altadena 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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Sergio A. Rodriguez

Business Organization, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

225 South Lake Avenue, Pasadena, CA 91101

Matthew W. Goldsby

Elder Law, Business Organization, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

909 East Green Street, Pasadena, CA 91106

Cynthia L. Gibson

Bankruptcy

Status: In Good Standing

CONTACT

1055 E Colorado Blvd, Pasadena, CA 91106

Gary Hollingsworth

Alternative Energy, Arbitration, Banking & Finance, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

2920 Huntington Drive, San Marino, CA 91108

Aaron G Freeman

Workers' Compensation, Contract, Credit & Debt, Products Liability

Status: In Good Standing Licensed: 13 Years

CONTACT

Altadena, CA 91003

Robert Emerson Williams

Real Estate, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

746 Millard Canyon Rd, Altadena, CA 91001

Gary C. Hardwick

Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

2901 Maiden Ln, Altadena, CA 91001

James Michael Mcdermed

Bankruptcy, Elder Law, Personal Injury, Mass Torts, International

Status: In Good Standing Licensed: 13 Years

CONTACT

915 Concha St, Altadena, CA 91001

Robert John O'Connor

Lawsuit & Dispute, Health Care, Estate, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

1060 Hampton Rd, Arcadia, CA 91006

Grant Y Chien

Litigation, Gift Taxation, Corporate, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

1108 S Baldwin Ave, Arcadia, CA 91007

800-923-0641

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

FCBA

See Fair Credit Billing Act.

FDCPA

See Fair Debt Collections & Practices Act.

CCCS

See Consumer Credit Counseling Service.

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.

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Altadena Bankruptcy & Debt Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Sergio A. Rodriguez

Matthew W. Goldsby

Cynthia L. Gibson

Gary Hollingsworth

Aaron G Freeman

Robert Emerson Williams

Gary C. Hardwick

James Michael Mcdermed

Robert John O'Connor

Grant Y Chien

TIPS

LEGAL TERMS

PRESUMED ABUSE

MEETING OF CREDITORS

CREDIT REPORT

S CORPORATION

CHAPTER 7 BANKRUPTCY

FCBA

FDCPA

CCCS

COSIGNER

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