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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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Thomas R. Mulally

Collection, Credit & Debt, Family Law

Status: In Good Standing

FREE CONSULTATION

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14156 Magnolia Boulevard, Sherman Oaks, CA 91423

Todd A. Frealy

Lawsuit & Dispute, Credit & Debt, Bankruptcy Litigation, Bankruptcy & Debt

Status: In Good Standing

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1888 Century Park East, Los Angeles, CA 90067

Giovanni Orantes

Bankruptcy, Corporate, Business Organization, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

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3435 Wilshire Boulevard, Los Angeles, CA 90010

A. Edward Briseno

Credit & Debt, Bankruptcy

Status: In Good Standing

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523 West 6th Street, Los Angeles, CA 90014

Eva L Taylor

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

6319 Riverton Ave, North Hollywood, CA 91606

Erlinda Irene Ginsburg

Estate, Employee Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

12722 Riverside Dr, North Hollywood, CA 91607

George Thomas Martin

Estate, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

4605 Lankershim Blvd, 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

Yelena Aneley Gurevich

Trusts, Elder Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

3940 Laurel Canyon Blvd, North Hollywood, CA 91604

Stephen R. Best

Commercial Real Estate, Family Law, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

6212 Fulton Avenue, Encino, CA 91401

800-923-0641

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LEGAL TERMS

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

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.

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.

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.

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.

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.

SAMPLE LEGAL CASES

Komarova v. National Credit Acceptance, Inc.

... This lawsuit arises from the efforts of defendant National Credit Acceptance, Inc., to collect a consumer debt from plaintiff Anastasiya Komarova that she did not owe. ... The plaintiffs there, like plaintiff here, were pursued for payment of a credit card debt they did not owe. ...

Dey v. Continental Central Credit

... K. Dey appeals a judgment of dismissal entered after the court sustained without leave to amend the demurrer of Continental Central Credit (Continental) and ... et seq.) Dey contends he stated a cause of action based on a fee defendants charged him to collect a debt he owed a ...

Liceaga v. Debt Recovery Solutions, LLC

... Despite her pleas to the agency that she was a victim of identity theft and had no Sprint account, they appear to have disbelieved her and ultimately reported her "default" to several credit reporting agencies, without advising that the debt was contested, thus harming her credit ...

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North Hollywood Credit & Debt Lawyer, California

Sponsored Law Firm

Bayer Wishman & Leotta

SPONSORED LAWYERS

Thomas R. Mulally

Todd A. Frealy

Giovanni Orantes

A. Edward Briseno

Eva L Taylor

Erlinda Irene Ginsburg

George Thomas Martin

Gennady Leonid Lebedev

Yelena Aneley Gurevich

Stephen R. Best

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LEGAL TERMS

PRESUMED ABUSE

GARNISHMENT

FRAUDULENT TRANSFER

FRATERNAL BENEFIT SOCIETY BENEFITS

BULK SALES LAW

SOLE PROPRIETORSHIP

SECRET WARRANTY PROGRAM

401(K) PLAN

ABUSE

SAMPLE LEGAL CASES

Komarova v. National Credit Acceptance, Inc.

Dey v. Continental Central Credit

Liceaga v. Debt Recovery Solutions, LLC

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