Glenmont Bankruptcy & Debt Lawyer, Ohio, page 2

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Ronald Lasko
About | Practice Areas
R. Lasko Co. LPA, LLC
1406 W 6th St STE 200, Cleveland, OH 44113» view map
Business, Estate, Real Estate, Employment
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Let R. Lasko Co. LPA, LLC handle all your legal needs today!

216-574-2602
1. Ronald Lasko Cleveland, OH
  Attorney at Law, OH
  Cleveland-Marshall College of Law, J.D. 1976
2. AboutR. Lasko Co. LPA, LLC
  Competent Legal Representation
3. Practice AreasExpertise
  Business Law
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Jeffrey J. Manning

Dissolution, Estate Planning, Litigation, Products Liability

Status: In Good Standing

CONTACT

388 South Main Street, Akron, OH 44311

Jennifer Zap

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1 Cascade Plaza, Akron, OH 44308

Nicole A. Soltis

Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

1 Cascade Plaza, Akron, OH 44308

Ronald N. Towne

Banking & Finance, Bankruptcy, Corporate, Credit & Debt

Status: In Good Standing

CONTACT

388 South Main Street, Akron, OH 44311

Veronica K. Buetel

Land Use & Zoning, Government Contract, Government Agencies, Bankruptcy

Status: In Good Standing

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1 Cascade Plaza, Akron, OH 44308

A. Bradley McClain

Estate, Wills & Probate, Estate Planning, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

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209 South Main Street, Akron, OH 44308

Aaron Lee Underhill

Real Estate, Estate, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 24 Years

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8000 Walton Parkway, New Albany, OH 43054

Adam Kane Vernau

Energy, Public Utilities, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

1288 Brittney Hills Dr, Newark, OH 43055

Adam Dane Searl

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

6 W. Emerald St., Willard, OH 44890

Aimee Linville

Litigation, Trusts, Bankruptcy, Estate Planning

Status: In Good Standing

CONTACT

53 E Main St, Mansfield, OH 44904

800-923-0641

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LEGAL TERMS

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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Glenmont Bankruptcy & Debt Lawyer, Ohio, page 2

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

Jeffrey J. Manning

Jennifer Zap

Nicole A. Soltis

Ronald N. Towne

Veronica K. Buetel

A. Bradley McClain

Aaron Lee Underhill

Adam Kane Vernau

Adam Dane Searl

Aimee Linville

TIPS

LEGAL TERMS

DEFINED CONTRIBUTION PLAN

S CORPORATION

COSIGNER

LIQUIDATING PARTNER

SETOFF

BULK SALES LAW

WORKOUT

GUARANTOR

DEBIT CARD

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