Mableton Bankruptcy & Debt Lawyer, Georgia

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Theodore N. Stapleton

Bankruptcy & Debt, Credit & Debt, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Jonathan Charles Poss

Labor Law, Employment, Credit & Debt, Consumer Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  28 Years

Kelly Serene Johnson

Real Estate Other, Lawsuit & Dispute, Business, Bankruptcy Litigation, Property Damage
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  25 Years

William J. Layng

Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  51 Years

Mary Bridget Burke

International Other, Copyright, Antitrust, Commercial Bankruptcy
Status:  Retired *Status is reviewed annually. For latest information visit here           Licensed:  42 Years

Anne Dodson Gower

Commercial Bankruptcy, Insurance, Litigation
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

Sara Elizabeth Brochstein

Professional Responsibility, Government, Consumer Rights, Consumer Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  14 Years

Cheryl Joyce Braziel

Entertainment, Insurance, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  18 Years

Anne Zavala Moushey

Government, Consumer Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  25 Years

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LEGAL TERMS

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)
In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)
A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)
A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)
An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)
The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

FCRA

See Fair Credit Reporting Act.

   More Legal Terms...

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