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Roland V. Combs III
About | Practice Areas
Roland V. Combs III & Associates PLC
4401 NW 4th St Suite 121 Oklahoma City, OK 73107» view map
Bankruptcy & Debt
Over 35 Years Of Experience

The Law Firm of Roland V. Combs III & Associates PLC knows how to ward off relentless debt collectors and get you back on track to a stable financial future.

800-827-4970
1. Roland Combs Oklahoma City, OK
  Attorney at Law - OK, 1985
  University of Oklahoma J.D. 1984
2. AboutRoland V. Combs III & Associates PLC
  Hundreds Counseled & Represented.
3. Practice AreasExpertise
  Bankruptcy & Debt
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

B. David Sisson

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Bankruptcy & Debt, Consumer Bankruptcy, Bankruptcy Litigation

We Help You Rise to a Fresh Financial Future Through Bankruptcy Solutions.

A native of the Oklahoma City area, Attorney B. David Sisson has provided bankruptcy assistance to area individuals and businesses for nearly twenty-s... (more)

CONTACT

800-736-1971

305 East Comanche Street, Norman, OK 73069

Kim A. Tran

Bankruptcy Litigation, Collection, Contract, Credit & Debt

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CONTACT

9400 North Broadway, Oklahoma City, OK 73114

Jerome S. Sepkowitz

Administrative Law, Alimony & Spousal Support, Arbitration, Bankruptcy Litigation

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CONTACT

4800 North Lincoln Boulevard, Oklahoma City, OK 73105

Joshua Clark Greenhaw, Associate

Collection, Commercial Bankruptcy, Commercial Banks, Commercial Leasing

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CONTACT

1900 Northwest Expressway, Oklahoma City, OK 73118

Jennifer K. Christian

Bankruptcy, Corporate, Business Organization, Litigation

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CONTACT

920 N. Harvey Avenue, Oklahoma City, OK 73102

Deborah Hupfer

Immigration, Civil Rights, Bankruptcy, Bankruptcy & Debt, Defamation & Slander

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CONTACT

1530 N Harrison, Shawnee, OK 74804

James Ernest Palinkas

Insurance, Bankruptcy, Adoption, Gift Taxation

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CONTACT

320 N Broadway Ave, Shawnee, OK 74801

Robin Glenn Talley

Bankruptcy, Estate, Wills & Probate, Adoption, Misdemeanor

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CONTACT

116 N Bell Ave, Shawnee, OK 74802

Kermit Maurice Milburn

Oil & Gas, Elder Law, Insurance, Bankruptcy

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CONTACT

1507 N Shawnee, Shawnee, OK 74801

Glen Allan Grubb

Workers' Compensation, Bankruptcy, Adoption, Indians & Native Populations

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CONTACT

231 N Broadway Ave, Shawnee, OK 74801

800-814-6700

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LEGAL TERMS

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

CCCS

See Consumer Credit Counseling Service.

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.

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.

DISCHARGE (OF DEBTS)

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

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.

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.

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.

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Chandler Bankruptcy Lawyer, Oklahoma

Sponsored Law Firm

Roland V. Combs III & Associates PLC

SPONSORED LAWYERS

B. David Sisson

Kim A. Tran

Jerome S. Sepkowitz

Joshua Clark Greenhaw, Associate

Jennifer K. Christian

Deborah Hupfer

James Ernest Palinkas

Robin Glenn Talley

Kermit Maurice Milburn

Glen Allan Grubb

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

LIABILITY

CCCS

BANKRUPTCY TRUSTEE

FORBEARANCE

DISCHARGE (OF DEBTS)

FRATERNAL BENEFIT SOCIETY BENEFITS

REDEMPTION

UNSECURED DEBT

SAMPLE LEGAL CASES

Bank of Oklahoma v. Ashley

Nichols v. Nichols

AMERICAN ASSOCIATES, INC. v. Quimby

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