North Hollywood 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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Glen Dresser

Bankruptcy & Debt, Litigation

Status: In Good Standing Licensed: 50 Years

CONTACT

12439 Magnolia Blvd, North Hollywood, CA 91607

Ethan Ohad Michael

Construction, Litigation, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 22 Years

CONTACT

10999 Riverside Dr, North Hollywood, CA 91602

Gennady Leonid Lebedev

Foreign Investment, Corporate, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 29 Years

CONTACT

10999 Riverside Dr, North Hollywood, CA 91602

Nathan L. Smith

Commercial Real Estate, Workers' Compensation, Business, Bankruptcy

Status: Retired Licensed: 54 Years

CONTACT

4918 Forman Ave, North Hollywood, CA 91601

Alan David Wilner

Landlord-Tenant, Lawsuit & Dispute, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

847 N Hollywood Way, Burbank, CA 91505

Richard Mark Garber

Tax, Bankruptcy & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

12652 Huston St, Valley Village, CA 91607

Joel Bruce Weinberg

Entertainment, Communication & Media Law, Business, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

4925 Alcove Ave, North Hollywood, CA 91607

Agnes Ordubegian Martin

Defect and Lemon Law, Trusts, Estate Planning, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

321 N Pass Ave, Burbank, CA 91505

Lauren Ross

Business, Collection, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

2550 N Hollywood Way, Burbank, CA 91505

Joann Robin Deutch

Other, Divorce & Family Law, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

12522 Moorpark St, North Hollywood, CA 91604

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

COLLATERAL

Property that guarantees payment of a secured debt.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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North Hollywood Bankruptcy & Debt Lawyer, California, page 5

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Glen Dresser

Ethan Ohad Michael

Gennady Leonid Lebedev

Nathan L. Smith

Alan David Wilner

Richard Mark Garber

Joel Bruce Weinberg

Agnes Ordubegian Martin

Lauren Ross

Joann Robin Deutch

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LEGAL TERMS

TRADE NAME

UNSECURED DEBT

LIABILITY

NONPROFIT CORPORATION

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

FRATERNAL BENEFIT SOCIETY BENEFITS

COLLATERAL

ABUSE

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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