Forest Hills Reorganization Lawyer, New York, page 3

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Stephen Andrew Rutenberg

Foreign Investment, Equine, Securities, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

Brett Howard Miller

Intellectual Property, Business, Reorganization, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  33 Years

Brad Jeffrey Axelrod

Corporate, Banking & Finance, Reorganization, Bankruptcy, Divorce & Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  36 Years

Joseph P McGurk

Contract, Dispute Resolution, Reorganization, Advertising
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  24 Years

James J. DeCristofaro

Lawsuit & Dispute, Business, Commercial Bankruptcy, Reorganization, Dissolution
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

Max Nicklin Schleusener

Banking & Finance, Bankruptcy, Reorganization, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  12 Years

Ivan Taback

Litigation, Estate Planning, Shareholders' Rights, Non-profit, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  31 Years

Summer Marie Mckee

Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  10 Years

Daniel John Pohlman

Litigation, White Collar Crime, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  9 Years

Warren R. Graham

Business, Banking & Finance, Bankruptcy, Corporate, Reorganization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

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

Member Representative

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800-943-8690

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LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)
A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)
The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)
The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

FCBA

See Fair Credit Billing Act.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)
A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)
A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

FCRA

See Fair Credit Reporting Act.

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