Irvington Bankruptcy & Debt Lawyer, Kentucky, page 2

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Douglas Howard
About | Practice Areas
Howard Law Group, P.L.L.C.
213 Saint Clair St Ste 101 Frankfort, KY 40601» view map
Bankruptcy & Debt
Where Dedication Meets Experience

At Howard Law Group, PLLC, our Frankfort lawyer has devoted his entire practice to helping clients understand their rights and helping clients make empowered legal decisions.

800-716-8131
1. Douglas Howard Frankfort, KY
  Attorney at Law - KY, 1998
  Columbus School of Law J.D. 1998
2. AboutHoward Law Group, P.L.L.C.
  Detailed Preparation & Simple Solutions
3. Practice AreasExpertise
  Bankruptcy & Debt
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Thomas Paten Shreve

Criminal, Bankruptcy, Bankruptcy & Debt, Credit & Debt, Personal Injury

Status:

CONTACT

200 S Main St, Elizabethtown, KY 42701

Melody Casey-Aldridge

Child Custody, Contract, Bankruptcy, Slip & Fall Accident

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CONTACT

240 West Dixie Avenue, Elizabethtown, KY 42701

John A. Majors

Litigation, Estate, Corporate, Bankruptcy

Status: Licensed: 44 Years

CONTACT

8215 Twin Lakes Ct, Louisville, KY 40214

Jason A Bauman

Bankruptcy, Elder Law, Personal Injury, Estate Planning

Status:

CONTACT

6801 Dixie Hwy, Louisville, KY 40258

David Martin Feldkamp

Estate, Bankruptcy, Bankruptcy & Debt, Accident & Injury

Status:

CONTACT

7210 Dixie Highway, Louisville, KY 40258

John W Bauman

Trusts, Civil Rights, Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

6801 Dixie Hwy, Louisville, KY 40258

John Schmidt

Divorce & Family Law, Criminal, Accident & Injury, Credit & Debt, Accident & Injury

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CONTACT

305 S Buckman Street, Shepherdsville, KY 40165

Michelle Marie O'Bryan

Litigation, Administrative Law, Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

4710 Dixie Hwy, Louisville, KY 40216

Kimberly M Maraman

Personal Injury, Collection

Status:

CONTACT

193 S Buckman St, Shepherdsville, KY 40165

Mary Palumbo Cartwright

Tax, Credit & Debt, Bankruptcy, Car Accident

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CONTACT

1503 Clover Trace Place, Louisville, KY 40216

800-814-6700

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LEGAL TERMS

CREDIT FILE

See credit report.

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.

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.

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.

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.

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.

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.

FCRA

See Fair Credit Reporting Act.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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Irvington Bankruptcy & Debt Lawyer, Kentucky, page 2

Sponsored Law Firm

Howard Law Group, P.L.L.C.

SPONSORED LAWYERS

Thomas Paten Shreve

Melody Casey-Aldridge

John A. Majors

Jason A Bauman

David Martin Feldkamp

John W Bauman

John Schmidt

Michelle Marie O'Bryan

Kimberly M Maraman

Mary Palumbo Cartwright

TIPS

LEGAL TERMS

CREDIT FILE

FAIR LABOR STANDARDS ACT (FLSA)

CREDIT INSURANCE

PREFERENCE

S CORPORATION

CHAPTER 7 BANKRUPTCY

REDEMPTION

FCRA

WINDING UP

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