La Canada Flintridge Bankruptcy & Debt Lawyer, California

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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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Rose V. Stepanyan

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Car Accident, Bankruptcy & Debt

Rose Stepanyan has worked extensively in the area of Personal Injury for over seven years. Rose graduated from Whittier Law School and dived into the ... (more)

CONTACT

818-818-1948

100 N Brand Blvd, Glendale, CA 91203

Sergio A. Rodriguez

Business Organization, Credit & Debt, Collection, Bankruptcy

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FREE CONSULTATION

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225 South Lake Avenue, Pasadena, CA 91101

Cynthia L. Gibson

Bankruptcy

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1055 E Colorado Blvd, Pasadena, CA 91106

Gary Hollingsworth

Alternative Energy, Arbitration, Banking & Finance, Bankruptcy

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FREE CONSULTATION

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2920 Huntington Drive, San Marino, CA 91108

Matthew W. Goldsby

Elder Law, Business Organization, Credit & Debt, Bankruptcy

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909 East Green Street, Pasadena, CA 91106

Henrik M. Mosesi

Bankruptcy, Criminal, Estate Planning, Family Law

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FREE CONSULTATION

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360 East Olive Avenue, Burbank, CA 91502

Dennis M. Wu

Commercial Leasing, Business Successions, Business Organization, Collection

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801 S. Garfield Avenue, Alhambra, CA 91801

James T. King

Bankruptcy, Foreclosure

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FREE CONSULTATION

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315 West Arden Avenue, Glendale, CA 91203

Chad Pratt

Foreclosure, Bankruptcy, Reorganization, Real Estate Other

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30 N Raymond Ave, Pasadena, CA 91103

Jeffrey Vidal Hernandez

Residential Real Estate, Real Estate, Business, Bankruptcy & Debt

Status: Licensed: 30 Years

FREE CONSULTATION

CONTACT

1000 E. Walnut Street, Pasadena, CA 91106

800-814-6700

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LEGAL TERMS

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.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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La Canada Flintridge Bankruptcy & Debt Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Rose V. Stepanyan

Sergio A. Rodriguez

Cynthia L. Gibson

Gary Hollingsworth

Matthew W. Goldsby

Henrik M. Mosesi

Dennis M. Wu

James T. King

Chad Pratt

Jeffrey Vidal Hernandez

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LEGAL TERMS

LIABILITY

COLLATERAL

DISCHARGEABLE DEBTS

CREDIT INSURANCE

BULK SALES LAW

ADMINISTRATIVE EXPENSES

SUBROGATION

SECRET WARRANTY PROGRAM

DISPOSABLE INCOME

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