Burbank Reorganization 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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Ben Harrison Logan

Reorganization, Bankruptcy, Bankruptcy & Debt, Personal Injury

Status: Licensed: 49 Years

CONTACT

3932 Alta Vista Dr, La Canada Flintridge, CA 91011

Beth Susan Bergman

Commercial Real Estate, Real Estate, Non-profit, Reorganization

Status: Licensed: 35 Years

CONTACT

1200 Wilshire Blvd, Los Angeles, CA 90017

Chad Pratt

Foreclosure, Bankruptcy, Reorganization, Real Estate Other

Status:

CONTACT

30 N Raymond Ave, Pasadena, CA 91103

Evelina Gentry

Litigation, Reorganization, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 11 Years

CONTACT

601 West Fifth Street, Los Angeles, CA 90071

Jeffrey Alan Resler

Bankruptcy, Reorganization, Workout

Status: Licensed: 34 Years

CONTACT

1901 Ave Of The Stars, Los Angeles, CA 90067

Linda Nancy Deitch

Tax, Trusts, Gift Taxation, Reorganization

Status: Licensed: 24 Years

CONTACT

10100 Santa Monica Blvd, Los Angeles, CA 90067

Malhar Shriniwas Pagay

International, Corporate, Business, Reorganization

Status:

CONTACT

10100 Santa Monica Blvd, Los Angeles, CA 90067

Michael Huly Davis

Real Estate, Reorganization, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 13 Years

CONTACT

1840 Century Park E, Los Angeles, CA 90067

Susan Anne Beveridge

Tax, International Tax, Trusts, Reorganization

Status: Licensed: 27 Years

CONTACT

11377 W Olympic Blvd, Los Angeles, CA 90064

800-814-6700

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LEGAL TERMS

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

FCBA

See Fair Credit Billing Act.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

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Burbank Reorganization Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Ben Harrison Logan

Beth Susan Bergman

Chad Pratt

Evelina Gentry

Jeffrey Alan Resler

Linda Nancy Deitch

Malhar Shriniwas Pagay

Michael Huly Davis

Susan Anne Beveridge

TIPS

LEGAL TERMS

BULK SALES LAW

DISCHARGE (OF DEBTS)

FCBA

SUBROGATION

SETOFF

401(K) PLAN

LIMITED LIABILITY

REDEMPTION

MEETING OF CREDITORS

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