La Canada Flintridge 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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Vahe Hovanessian

Employee Rights, Contract, Credit & Debt, Personal Injury

Status: Licensed: 20 Years

CONTACT

100 N Brand Blvd, Glendale, CA 91203

George Karl Rosenstock

White Collar Crime, Antitrust, Credit & Debt, Products Liability

Status: Licensed: 40 Years

CONTACT

345 east foothill, Pasadena, CA 91107

Anthony Marinaccio

Land Use & Zoning, Trusts, Contract, Bankruptcy

Status:

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225 W Broadway, Glendale, CA 91204

Victor Martin Riehl

Employee Rights, Corporate, Bankruptcy, Personal Injury

Status: Licensed: 49 Years

CONTACT

2267 Lambert Dr, La Canada Flintridge, CA 91107

Philip Eberhard Koebel

Education, Civil Rights, Contract, Credit & Debt

Status: Licensed: 18 Years

CONTACT

Pasadena, CA 91109

Jonathan Hillel Colman

White Collar Crime, Insurance, Credit & Debt, Personal Injury

Status:

CONTACT

500 N Brand Blvd, Glendale, CA 91203

Bryan James Harrison

Family Law, Criminal, Bankruptcy, Personal Injury

Status: Licensed: 14 Years

CONTACT

301 E Colorado Blvd, Pasadena, CA 91101

Zachary Schwake

Litigation, Employee Rights, Corporate, Credit & Debt

Status: Licensed: 10 Years

CONTACT

385 E Colorado Blvd, La Canada Flintridge, CA 91101

Wesley Howard Avery

Litigation, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 33 Years

CONTACT

758 E Colorado Blvd, La Canada Flintridge, CA 91101

James J. Waldorf

Litigation, Collection, Construction, Wills & Probate

Status:

CONTACT

100 West Broadway, Glendale, CA 91210

800-814-6700

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LEGAL TERMS

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

DISCHARGE (OF DEBTS)

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

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.

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La Canada Flintridge Bankruptcy & Debt Lawyer, California, page 5

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Vahe Hovanessian

George Karl Rosenstock

Anthony Marinaccio

Victor Martin Riehl

Philip Eberhard Koebel

Jonathan Hillel Colman

Bryan James Harrison

Zachary Schwake

Wesley Howard Avery

James J. Waldorf

TIPS

LEGAL TERMS

BANKRUPTCY

HOUSEHOLDER

CHAPTER 13 BANKRUPTCY

WINDING UP

LIEN

TRADE DRESS

LIABILITY

DISCHARGE (OF DEBTS)

BULK SALES LAW

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