Bastrop County, TX Bankruptcy & Debt Lawyers

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Ernest F. Bogart

Litigation, Clean Air Practice, Banking & Finance, Bankruptcy

Status: Licensed: 53 Years

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Elgin, TX 78621

Dareld Ray Morris

Estate Planning, International Tax, Bankruptcy, Natural Resources, Construction

Status: Licensed: 17 Years

CONTACT

219 Main St, Smithville, TX 78957

Bryan W. Mcdaniel

Wills, Family Law, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 31 Years

CONTACT

34 N Avenue, Elgin, TX 78621

Karl A. Maley

Elder Law, Family Law, Commercial Real Estate, Consumer Bankruptcy

Status: Licensed: 63 Years

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Smithville, TX 78957

Joseph Grady Tuck

Entertainment, Family Law, Business & Trade, Consumer Bankruptcy

Status:

CONTACT

906 Main St, Bastrop, TX 78602

Philip Ducloux

Real Estate, Wills & Probate, Business, Bankruptcy

Status: Licensed: 41 Years

CONTACT

1805 Roosevelt St, Bastrop, TX 78602

Mark Ral Brochstein

Family Law, Divorce & Family Law, Criminal, Consumer Bankruptcy

Status: Licensed: 30 Years

CONTACT

Bastrop, TX 78602

R. Harry Akin

Commercial Real Estate, Litigation, Business & Trade, Credit & Debt

Status: Licensed: 61 Years

CONTACT

Paige, TX 78659

800-814-6700

Free Help: Use This Form or Call 800-814-6700

Call me for fastest results!
800-814-6700

Free Help: Use This Form or Call 800-814-6700

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LEGAL TERMS

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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Bastrop County, TX Bankruptcy & Debt Lawyers

SPONSORED LAWYERS

Ernest F. Bogart

Dareld Ray Morris

Bryan W. Mcdaniel

Karl A. Maley

Joseph Grady Tuck

Philip Ducloux

Mark Ral Brochstein

R. Harry Akin

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LEGAL TERMS

BANKRUPTCY TRUSTEE

SECURED DEBT

FORBEARANCE

LIMITED LIABILITY

CURRENT MONTHLY INCOME

CREDIT COUNSELING

UNSECURED DEBT

GENERAL PARTNER

ACCORD AND SATISFACTION

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