Gaithersburg Bankruptcy Lawyer, Maryland, page 6

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Stephen Cromwell
About | Practice Areas
Cromwell & Associates, LLC
7305 Baltimore Ave Suite 307 College Park, MD 20740» view map
Estate, Tax, and Real Estate Law
Where Every Client Matters

At Cromwell & Associates, our firm is large enough to handle your diverse needs, but small enough to give you the personal attention you deserve.

240-667-7234
1. Stephen Cromwell College Park, MD
  Attorney at Law, MD
  University of Maryland School of Law, J.D. 2019
2. AboutCromwell & Associates, LLC
  Where Every Client Matters
3. Practice AreasExpertise
  Estate Law
1. Contact
2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Carrie M Ward

Real Estate, Commercial Bankruptcy, Bankruptcy & Debt, International Other

Status: Licensed: 32 Years

CONTACT

6003 Executive Blvd, Rockville, MD 20852

Jose Rafael Campos

Other, Immigration, Criminal, Consumer Bankruptcy

Status: Licensed: 12 Years

CONTACT

2122 University Blvd W, Silver Spring, MD 20902

Daniel George Hare

Employee Rights, Federal Appellate Practice, Commercial Bankruptcy

Status: Licensed: 13 Years

CONTACT

11002 Veirs Mill Rd, Silver Spring, MD 20902

Gene Jung

Real Estate, Commercial Bankruptcy

Status: Licensed: 27 Years

CONTACT

11900 Parklawn Drive, Rockville, MD 20852

Bruce Magazine

Construction, Banking & Finance, Credit & Debt, Bankruptcy

Status: Licensed: 59 Years

CONTACT

611 Rockville Pike, Rockville, MD 20852

Ira Carl Wolpert

Litigation, Corporate, Commercial Bankruptcy, Bankruptcy & Debt

Status: Licensed: 63 Years

CONTACT

11033 Rosemont Drive, Rockville, MD 20852

Vei-Chung Liang

Consumer Bankruptcy, Insurance, Trusts, Commercial Real Estate

Status: Licensed: 11 Years

CONTACT

28 Treworthy Rd, Gaithersburg, MD 20878

Lauren Elizabeth Colandreo

Commercial Bankruptcy

Status: Licensed: 15 Years

CONTACT

20724 Scottsbury Dr, Germantown, MD 20876

Albert Shin Kang

Consumer Bankruptcy, Bankruptcy & Debt

Status: Licensed: 20 Years

CONTACT

6 Pinto Ct, Rockville, MD 20850

Rhonda N Baird

Commercial Bankruptcy, Bankruptcy & Debt

Status: Licensed: 28 Years

CONTACT

13615 Layhill Rd, Silver Spring, MD 20906

800-814-6700

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LEGAL TERMS

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

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.

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.

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.

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.

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.

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.

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.

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.

SAMPLE LEGAL CASES

ATTORNEY GRIEVANCE COM'N v. Byrd

... But under no circumstances can counsel simply violate the Rules as a litigation strategy. With regard to the bankruptcy complaint, Judge Rubin made the following pertinent findings of fact and conclusions of law: 23. ... The Bankruptcy Complaint. ...

Wellington v. Shakiba

... 5. That pursuant to said deed of trust and commercial balloon note, the defendants were obligated to repay said loan. . . . On December 9, 2005, Ms. Shakiba, through counsel, filed a "Notice of Filing of Case in Bankruptcy Court." It stated: ...

Ali v. CIT

... On June 11, 2001, appellant filed a chapter 11 petition in bankruptcy in the United States Bankruptcy Court for the District of Maryland. Appellee could not pursue its claim outside of the bankruptcy proceeding because of the automatic stay provision in 11 USC Â§ 362. ...

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Gaithersburg Bankruptcy Lawyer, Maryland, page 6

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Carrie M Ward

Jose Rafael Campos

Daniel George Hare

Gene Jung

Bruce Magazine

Ira Carl Wolpert

Vei-Chung Liang

Lauren Elizabeth Colandreo

Albert Shin Kang

Rhonda N Baird

TIPS

LEGAL TERMS

FAIR CREDIT BILLING ACT (FCBA)

SUBROGATION

SECURED DEBT

GENERAL PARTNER

CHAPTER 7 BANKRUPTCY

LIMITED LIABILITY

LIABILITY

401(K) PLAN

CREDIT COUNSELING

SAMPLE LEGAL CASES

ATTORNEY GRIEVANCE COM'N v. Byrd

Wellington v. Shakiba

Ali v. CIT

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