Gaithersburg Bankruptcy Lawyer, Maryland, page 7

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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
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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Cheryl Eslin Rose

Commercial Bankruptcy, Bankruptcy & Debt, Consumer Bankruptcy

Status: Licensed: 37 Years

CONTACT

9812 Falls Rd, Rockville, MD 20854

Rachael Amy Kamons

International, Government, Commercial Bankruptcy, Bankruptcy & Debt

Status: Licensed: 20 Years

CONTACT

5011 Aurora Dr, Kensington, MD 20895

William James Chen

Commercial Bankruptcy, Corporate, Litigation

Status: Licensed: 20 Years

CONTACT

11 N Washington St, Rockville, MD 20850

Randa Samir Azzam

Power of Attorney, Entertainment, Social Security, Commercial Bankruptcy

Status: Licensed: 27 Years

CONTACT

6003 Executive Blvd, Rockville, MD 20852

George Prescott Slover

Consumer Bankruptcy, Administrative Law, Antitrust

Status: Licensed: 43 Years

CONTACT

4512 Amherst Lane, Bethesda, MD 20814

Alvaro Augusto Llosa

Commercial Bankruptcy

Status: Licensed: 12 Years

CONTACT

11002 Veirs Mill Rd, Silver Spring, MD 20902

Alvaro Augusto Llosa

Commercial Bankruptcy

Status: Licensed: 12 Years

CONTACT

500 N Washington St, Rockville, MD 20850

Kelsey Welch Cameron

Motor Vehicle, Accident & Injury, Commercial Bankruptcy

Status: Licensed: 13 Years

CONTACT

3013 Peebles Ct, Olney, MD 20832

Brennan Richelle Baxter

Real Estate, Consumer Rights, Commercial Bankruptcy, Bankruptcy & Debt

Status: Licensed: 11 Years

CONTACT

18290 Windsor Hill Dr, Olney, MD 20832

800-814-6700

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

DISCHARGE (OF DEBTS)

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

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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 7

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Cheryl Eslin Rose

Rachael Amy Kamons

William James Chen

Randa Samir Azzam

George Prescott Slover

Alvaro Augusto Llosa

Alvaro Augusto Llosa

Kelsey Welch Cameron

Brennan Richelle Baxter

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

PREFERENCE

DISCHARGEABLE DEBTS

GRACE PERIOD

NONEXEMPT PROPERTY

MEETING OF CREDITORS

DISCHARGE (OF DEBTS)

PRESUMED ABUSE

TOXIC TORT

SAMPLE LEGAL CASES

ATTORNEY GRIEVANCE COM'N v. Byrd

Wellington v. Shakiba

Ali v. CIT

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PRACTICE AREAS 30

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