Princeton Bankruptcy & Debt Lawyer, New Jersey

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Gracy Wynter
About | Practice Areas
Hulse & Wynter, LLC
1624 Jacksonville Road Suite 1 Burlington, NJ 08016Â» view map
Bankruptcy & Debt Law
40 Years of Experience

The attorneys at Hulse & Wynter offer reliable legal solutions to individuals and businesses in the areas of real estate, family, probate, bankruptcy and business law.

800-611-9690
1. Gracy Wynter Burlington, NJ
  Attorney at Law - NJ, 1998
  New England SOL, J.D. 1998
2. AboutHulse & Wynter, LLC
  Representing the interests of New Jersey clients
3. Practice AreasExpertise
  Bankruptcy & Debt
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Robert L. Grundlock

Complex Litigation, Federal Trial Practice, Federal Appellate Practice, Collection, Real Estate

Status: Licensed: 40 Years

CONTACT

3150 Brunswick Pk, Lawrence Township, NJ 08648

William H. Brosha

Litigation, Children's Rights, Business, Collection

Status:

CONTACT

993 Lenox Dr, Lawrence Township, NJ 08648

A. Christopher Florio

Wills & Probate, Trade Associations, Collection

Status:

CONTACT

993 Lenox Dr, Lawrence Township, NJ 08648

Anna Eva Johansson

Intellectual Property, Life & Health, Business & Trade, Commercial Bankruptcy

Status: Licensed: 24 Years

CONTACT

100 College Rd W, Princeton, NJ 08540

Naeem Akhtar

Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

Status: Licensed: 12 Years

CONTACT

103 Carnegie Ctr, Princeton, NJ 08540

Allyson Lantolf

Bankruptcy

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Kimberly Pelkey Sdeo

Bankruptcy

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Patricia Roach

Dispute Resolution, Bankruptcy

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Timothy Duggan

Bankruptcy, Tax

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Ronald Glick

Bankruptcy

Status:

CONTACT

Lawrence Township, NJ 08648

800-814-6700

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LEGAL TERMS

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

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.

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

FCRA

See Fair Credit Reporting Act.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

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Princeton Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Hulse & Wynter, LLC

SPONSORED LAWYERS

Robert L. Grundlock

William H. Brosha

A. Christopher Florio

Anna Eva Johansson

Naeem Akhtar

Allyson Lantolf

Kimberly Pelkey Sdeo

Patricia Roach

Timothy Duggan

Ronald Glick

TIPS

LEGAL TERMS

BANKRUPTCY TRUSTEE

LIABILITY

REDEMPTION

ACCORD AND SATISFACTION

401(K) PLAN

WORKOUT

FCRA

S CORPORATION

FORBEARANCE

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