Kents Hill Workout Lawyer, Maine

Sponsored Law Firm


John D. Pelletier

Personal Injury, Bankruptcy
Status:  In Good Standing           Licensed:  39 Years

Kim M. Vandermeulen

Real Estate, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing           Licensed:  48 Years

Stanley F. Greenberg

Contract, Credit & Debt, Collection, Bankruptcy
Status:  In Good Standing           Licensed:  47 Years

Ronald J. Cullenberg

Real Estate, Estate, Criminal, Bankruptcy, Accident & Injury
Status:  In Good Standing           

Pamela J. Ames

Divorce & Family Law, Criminal, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  44 Years

Ronald G. Aseltine

Real Estate, Government, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  44 Years

Ronald G. Aseltine

Real Estate, Government, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  44 Years

Donald J. Gasink

Real Estate, Lawsuit & Dispute, Estate, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  51 Years

Peter Malia

Estate Planning, Civil Rights, Collection, Personal Injury
Status:  In Good Standing           Licensed:  32 Years

Mark E. Susi

Lawsuit & Dispute, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  45 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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LEGAL TERMS

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)
A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

FCBA

See Fair Credit Billing Act.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)
These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)
Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

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.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)
A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)
A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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