Murfreesboro Bankruptcy Lawyer, Tennessee

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Susan Lafferty
About | Practice Areas
Lafferty Law Firm, P.C.
1321 Murfreesboro Pike Suite 521 Nashville, TN 37217» view map
Bankruptcy & Debt
Over 30 Years Of Experience

Susan S. Lafferty is a CPA and Attorney who enjoys helping people with financial problems. She is located in Nashville, TN where she has lived for over 30 years.

800-936-9071
1. Susan Lafferty Nashville, TN
  Attorney at Law - TN, 2007
  Nashville School of Law J.D. 2006
2. AboutLafferty Law Firm, P.C.
  Over 30 Years Of Experience
3. Practice AreasExpertise
  Bankruptcy & Debt
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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Kevin Szathmary

Wills & Probate, Bankruptcy, Tax, Estate Planning

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FREE CONSULTATION

CONTACT

On the Square, 105 N. Maple, Murfreesboro, TN 37130

Michelle Day Reynolds

Alimony & Spousal Support, Adoption, Banking & Finance, Bankruptcy

Status:

FREE CONSULTATION

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212 S. Academy Street, Murfreesboro, TN 37130

Jeffrey L. Reed

Litigation, Banking & Finance, Business, Bankruptcy, Criminal

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CONTACT

16 N Public Sq, Murfreesboro, TN 37130

Christy Hammond

Criminal, Administrative Law, Bankruptcy, Banking & Finance

Status: Licensed: 13 Years

CONTACT

307 Hickerson Dr., Smyrna, TN 37167

Pat Blankenship

Business & Trade, Commercial Bankruptcy, Corporate

Status: Licensed: 48 Years

CONTACT

307 Hickerson Street, Murfreesboro, TN 37129

Ralph Edward Krisher

Labor Law, Elder Law, Insurance, Bankruptcy

Status: Licensed: 27 Years

CONTACT

2602 Merchants Walk, Murfreesboro, TN 37128

Cathy Gasser

Bankruptcy, Banking & Finance, Administrative Law, Credit & Debt

Status: Licensed: 13 Years

CONTACT

808 General Forrest Dr., Smyrna, TN 37167

Jeff Peach

Tax, Criminal, Bankruptcy, Banking & Finance

Status: Licensed: 16 Years

CONTACT

315 S Lowry St, Smyrna, TN 37167

John Teitenberg

Bankruptcy, Banking & Finance, Construction, Credit & Debt

Status: Licensed: 27 Years

CONTACT

1558 Red Oak Lane, Brentwood, TN 37027

Mark Richard Podis

Bankruptcy, Consumer Bankruptcy, Reorganization

Status:

CONTACT

1161 Murfreesboro Pike, Nashville, TN 37217

800-814-6700

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LEGAL TERMS

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

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.

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.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

SAMPLE LEGAL CASES

Waldschmidt v. REASSURE AMERICA LIFE INS. CO.

... Code Ann. Â§ 56-7-2303 (2008) certified by the United States Bankruptcy Court for the Middle District of Tennessee. The bankruptcy court has asked this Court to determine whether the issuer of a deceased debtor's life insurance policy was exempted under Tenn.Code Ann. ...

In re Music City RV, LLC

... The certified question from the United States Bankruptcy Court for the Middle District of Tennessee that we address in this case is: whether the consignment of a recreational vehicle ("RV") by a consumer to a Tennessee RV dealer for the purpose of selling the RV to a third ...

In re Hogue

... The certified question from the United States Bankruptcy Court for the Middle District of Tennessee that we address in this case is: what amount may each member of a married couple with custody of a minor child claim as a homestead exemption, pursuant to Tennessee Code ...

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Murfreesboro Bankruptcy Lawyer, Tennessee

Sponsored Law Firm

Lafferty Law Firm, P.C.

SPONSORED LAWYERS

Kevin Szathmary

Michelle Day Reynolds

Jeffrey L. Reed

Christy Hammond

Pat Blankenship

Ralph Edward Krisher

Cathy Gasser

Jeff Peach

John Teitenberg

Mark Richard Podis

TIPS

LEGAL TERMS

PREFERENCE

COLLATERAL

COSIGNER

DISCHARGEABLE DEBTS

PRESUMED ABUSE

DISPOSABLE INCOME

C CORPORATION

INTEREST

FORBEARANCE

SAMPLE LEGAL CASES

Waldschmidt v. REASSURE AMERICA LIFE INS. CO.

In re Music City RV, LLC

In re Hogue

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