Glendale Bankruptcy & Debt Lawyer, California, page 5

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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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Adam Bloom

Entertainment, Civil Rights, Corporate, Commercial Bankruptcy

Status: Suspended Licensed: 15 Years

CONTACT

5792 W Jefferson Blvd, Los Angeles, CA 90016

Adam Marc Reich

Litigation, Bankruptcy, Bankruptcy & Debt, Products Liability

Status: In Good Standing Licensed: 33 Years

CONTACT

10618 W Pico Blvd, Los Angeles, CA 90064

Adam Beriah Hagen

Trademark, International Intellectual Property, Copyright, Commercial Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

100 Universal City Plaza, Universal City, CA 91608

Adam E Malatesta

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

333 South Grand Avenue, Los Angeles, CA 90071

Adam Hillel Baumgarten

Other, Lawsuit & Dispute, Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

201 Centre Plaza Dr, Monterey Park, CA 91754

Adam Reich

Other, Civil & Human Rights, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

10618 W Pico Blvd, Los Angeles, CA 90064

Adam Gordon Cooper

Intellectual Property, Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

1925 Century Park E, Los Angeles, CA 90067

Adrienne Lynn Brungess

General Practice

Status: In Good Standing Licensed: 28 Years

CONTACT

2029 Century Park E, Los Angeles, CA 90067

Agnes Ordubegian Martin

Defect and Lemon Law, Trusts, Estate Planning, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

321 N Pass Ave, Burbank, CA 91505

Akop Baltayan

Other, Real Estate, Criminal, Bankruptcy & Debt, Family Law

Status: In Good Standing Licensed: 27 Years

CONTACT

1525 Cleveland Rd, Glendale, CA 91202

800-923-0641

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LEGAL TERMS

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

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Glendale Bankruptcy & Debt Lawyer, California, page 5

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Adam Bloom

Adam Marc Reich

Adam Beriah Hagen

Adam E Malatesta

Adam Hillel Baumgarten

Adam Reich

Adam Gordon Cooper

Adrienne Lynn Brungess

Agnes Ordubegian Martin

Akop Baltayan

TIPS

LEGAL TERMS

COLLECTION AGENCY

PRESUMED ABUSE

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

401(K) PLAN

PREFERENCE

REDEMPTION

DEFINED CONTRIBUTION PLAN

CREDIT INSURANCE

DISCHARGEABLE DEBTS

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