Mount Sterling Bankruptcy & Debt Lawyer, Ohio, page 6

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Ronald Lasko
About | Practice Areas
R. Lasko Co. LPA, LLC
1406 W 6th St STE 200, Cleveland, OH 44113» view map
Business, Estate, Real Estate, Employment
Competent Legal Representation

Let R. Lasko Co. LPA, LLC handle all your legal needs today!

216-574-2602
1. Ronald Lasko Cleveland, OH
  Attorney at Law, OH
  Cleveland-Marshall College of Law, J.D. 1976
2. AboutR. Lasko Co. LPA, LLC
  Competent Legal Representation
3. Practice AreasExpertise
  Business Law
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Michael Edward Carleton

Litigation, Electronic Commerce, Business, Credit & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

1555 Lake Shore Drive, Westerville, OH 43204

Julie Renee Thompson

Workers' Compensation, Divorce, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

1650 Lake Shore Dr, Columbus, OH 43204

Britney Shae Brouwer

Workers' Compensation, Collection, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 11 Years

CONTACT

1650 Lake Shore Dr, Columbus, OH 43204

Matthew John Curry

Commercial Real Estate, Litigation, Commercial Banks, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

1555 Lake Shore Dr, Westerville, OH 43204

Adam Bradley Hall

Real Estate, Federal Appellate Practice, Administrative Law, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

1555 Lake Shore Dr, Westerville, OH 43204

Kay Astrid Kingsley

Criminal, Bankruptcy, Juvenile Law, Family Law

Status: In Good Standing Licensed: 44 Years

CONTACT

157 W Main St, Circleville, OH 43113

Robert Henry Huffer

Electronic Commerce, Estate Planning, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 71 Years

CONTACT

130 West Franklin St, Circleville, OH 43113

Bob Huffer

Personal Injury, Corporate, Trusts, Bankruptcy

Status: In Good Standing Licensed: 69 Years

CONTACT

130 West Franklin St, Circleville, OH 43113

Brian Samuel Stewart

Litigation, Patent, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 14 Years

CONTACT

229 N. Court Street, Circleville, OH 43113

Lisa Lomax Norris

Litigation, Dispute Resolution, Electronic Commerce, Commercial Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

121A W Franklin St, Circleville, OH 43113

800-923-0641

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LEGAL TERMS

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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Mount Sterling Bankruptcy & Debt Lawyer, Ohio, page 6

Sponsored Law Firm

R. Lasko Co. LPA, LLC

SPONSORED LAWYERS

Michael Edward Carleton

Julie Renee Thompson

Britney Shae Brouwer

Matthew John Curry

Adam Bradley Hall

Kay Astrid Kingsley

Robert Henry Huffer

Bob Huffer

Brian Samuel Stewart

Lisa Lomax Norris

TIPS

LEGAL TERMS

REDEMPTION

SOLE PROPRIETORSHIP

CREDIT COUNSELING

CURRENT MONTHLY INCOME

LIMITED LIABILITY

PRIORITY DEBT

UNDUE HARDSHIP

ACCORD AND SATISFACTION

GUARANTOR

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